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Renovated Mixed-Use Property
For Sale
$292,900

5361 N Main Street, Acworth, GA 30101

Commercial Sale, Acworth, GA

Property Size1,428 SF
Lot Size0.40 Acres
Price / SF$205.11
Days on Market103

Property Features for 5361 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning LI
Parking 5
Parking features Covered
Interior features Recessed Lighting, Restrooms, Living Space Available
Fencing Chain Link, Fenced
Lot features Level, Private
View City
Directions Please use GPS.
Standard status Active
APN 20000600950
Size 1,428 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2875

Utilities

Utilities Cable Available
Heating system Forced Air, Space Heater
Cooling system Central Air

Building Details

Year built 1935
Floors in Building 1
Flooring type Wood, Hardwood
Building materials Block, Wood Siding
Additional Structures Other
Listing Agency: Real Broker, LLC.
Listed By: Paul Matadeen
Added: May 28 Changed: Sep 5 Last Checked: Sep 7 at 2:06PM
MLS# 7778188

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property includes two structures on a 0.4-acre parcel with 1,428 square feet of property size. One structure has been renovated and includes wood and hardwood flooring, recessed lighting, restrooms, central air, forced-air heating, and covered parking. The second structure is positioned for rehabilitation and future customization. Block and wood siding, chain-link fencing, and cable availability are also present. The property carries LI zoning, and intended uses should be verified with the City of Acworth and applicable authorities.

Located at 5361 N Main Street in Acworth, the property is on Main Street and is described as being a short distance from Lake Allatoona. The site is in postal code 30101 and includes covered parking access. Built in 1935, the property offers an existing commercial structure alongside a second building that can be adapted to a buyer’s plans.

Key Highlights

  • Two on‑site structures, including one renovated building and one rehab‑ready structure
  • 1,428 square feet on a 0.4‑acre parcel
  • LI zoning; buyers should verify intended uses with the City of Acworth

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,085
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.86%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$401,700 $401.7K
Cap Rate 7%
$286,929 $286.9K
Cap Rate 9%
$223,167 $223.2K
Market Conditions
NOI Build-Up for 1,428 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.4K $21.96/SF
− Vacancy
−$2.7K −$1.87/SF
EGI
$28.7K $20.09/SF
− OpEx
−$8.6K −$6.03/SF
NOI
$20.1K $14.07/SF
Area
Cherokee County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$401,700
Cap Rate 7%
$286,929
Cap Rate 9%
$223,167

Alternative Uses

Best Use
Retail
$286.9K
$251.1K – $334.8K (±1% cap)
NOI $20,085 @ 7.0% cap · market cap 6.86%
Second Best
Office B
$273.2K
$239.0K – $318.7K (±1% cap)
NOI $19,122 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$401.0K
$350.9K – $467.8K (±1% cap)
NOI $28,069 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Nail Salon Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby

Demographics for 30101, GA

61,989
Population
21,788
Households
2.8
Avg Household Size
39
Median Age
43%
College-Educated
94%
High-School Grad
41.0 sq mi
ZIP Area
1,512
Density / Sq Mi
$107,004
Median Household Income
$52,779
Median Earnings
$1,679
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two on-site structures combine a renovated commercial space with a second building suited for rehabilitation and customization.
Where is this mixed-use property located?
The property is located at 5361 N Main Street Acworth, GA.
What is the asking price?
The asking price for this property is $292,900.
What are key features of this property?
This property features: Two on‑site structures, including one renovated building and one rehab‑ready structure; 1,428 square feet on a 0.4‑acre parcel; LI zoning; buyers should verify intended uses with the City of Acworth
More about this property
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