Freestanding Restaurant with Outdoor
For Sale
Contact for pricing
Pending
1105 Canton St, Roswell, GA 30075
Freestanding restaurant property with a commercial kitchen, updated dining areas, and outdoor seating plus abundant off-street parking.
Property Size4,000 SF
Days on Market126
Property Features for 1105 Canton St
General Information
Standard status
Pending
Size
4,000 SF
Class
C
Property subtype
Retail
Zoning
OP/ C3
Investment Type
Owner/User
Building Details
Year Built
1945
Buildings
1
Stories
1
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #GA 299687
(404) 812-8927
Source:
Crexi
Added: May 5
Changed: Aug 8
Last Checked: Jul 24 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skyline Seven Real Estate
Investment Insights
Based on property information with market context.
1105 Canton Street is a freestanding, restaurant-improved property that has continuously operated as a full-service restaurant for many years. The building includes a commercial kitchen and updated dining areas, along with outdoor seating for guest dining.
Set within Historic Downtown Roswell’s walkable retail district, the property is positioned among a mix of restaurants, boutiques, and residential communities. The offering also includes abundant off-street parking for the building, noted as rare for properties within the historic district.
The site is listed at 0.77 acres and has approximately 4,000 square feet of space, providing a dedicated footprint for a stand-alone restaurant operation.
Set within Historic Downtown Roswell’s walkable retail district, the property is positioned among a mix of restaurants, boutiques, and residential communities. The offering also includes abundant off-street parking for the building, noted as rare for properties within the historic district.
The site is listed at 0.77 acres and has approximately 4,000 square feet of space, providing a dedicated footprint for a stand-alone restaurant operation.
Key Highlights
- Freestanding, restaurant‑improved property with a commercial kitchen and updated dining areas
- Outdoor seating included
- Lot size is 0.77 acres
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
$64,282
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
3.14%
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%
$1,285,640
$1.3M
Cap Rate 7%
$918,314
$918.3K
Cap Rate 9%
$714,244
$714.2K
Market Conditions
NOI Build-Up for 4,000 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
$92.2K $23.04/SF
− Vacancy
−$6.5K −$1.61/SF
EGI
$85.7K $21.43/SF
− OpEx
−$21.4K −$5.36/SF
NOI
$64.3K $16.07/SF
Area
Fulton County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,285,640
Cap Rate 7%
$918,314
Cap Rate 9%
$714,244
Alternative Uses
Best Use
Specialty Retail
$918.3K
$803.5K – $1.07M
NOI $64,282 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$978.4K – $1.30M
NOI $78,271 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Shell
Shops & Services
10,949 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,271 visits/mo
0.4 miles
Domino's Pizza
Dining
1,778 visits/mo
0.2 miles
Demographics for 30075, GA
56,161
Population
22,190
Households
2.5
Avg Household Size
43
Median Age
70%
College-Educated
98%
High-School Grad
29.7 sq mi
ZIP Area
1,891
Density / Sq Mi
$153,743
Median Household Income
$76,630
Median Earnings
$1,790
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with a commercial kitchen, updated dining areas, and outdoor seating plus abundant off-street parking.
Where is this conventional restaurant located?
The property is located at 1105 Canton St Roswell, GA.
What is the asking price?
The asking price for this property is $2,049,000.
What are key features of this property?
This property features: Freestanding, restaurant‑improved property with a commercial kitchen and updated dining areas; Outdoor seating included; Lot size is 0.77 acres
