Freestanding Mixed-Use
New
For Sale
Contact for pricing
164 West Oak Street, Lawrenceville, GA 30046
Office and retail space with a detached garage, dedicated parking, and BGC Central General Business zoning.
Property Size1,384 SF
Lot Size0.27 Acres
Price / SF$252.17
Days on Market6
Property Features for 164 West Oak Street
General Information
Standard status
Active
Size
1,384 SF
Class
C
Total Parking Spaces
7
Lot size
0.27 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
Bgc-Central General Business
Investment Type
Owner/User
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Amenities
central heating and air conditioning
carpet and laminate flooring
high-speed internet availability
Building Details
Year Built
1954
Buildings
2
Building Size
1,384 SF
Listing Agency:
Crye Leike Alpharetta
Listed By:
Tony Tedesco · License #373730
Source:
Crexi
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 5 at 5:02AM
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 Crye Leike Alpharetta
Investment Insights
Based on property information with market context.
This freestanding mixed-use property at 164 West Oak Street in Lawrenceville, Georgia, includes 1,384 square feet of office and retail space on approximately 0.27 acres. Built in 1954, the property also features a detached garage structure and seven dedicated parking spaces. Interior features include central heating and air conditioning, carpet and laminate flooring, and high-speed internet availability.
The property is zoned BGC-Central General Business and has public water and sewer service, natural gas availability, and state road frontage. Its downtown setting provides access to public transportation and the historic downtown district. The detached garage adds separate space for storage, workshop use, equipment, or other business needs.
The property is zoned BGC-Central General Business and has public water and sewer service, natural gas availability, and state road frontage. Its downtown setting provides access to public transportation and the historic downtown district. The detached garage adds separate space for storage, workshop use, equipment, or other business needs.
Key Highlights
- 1,384 SF of office and retail space
- Approximately 0.27 acres
- Detached garage structure included
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $23.87 |
| − Vacancy | −$8.3k | −$6.02 |
| EGI | $24.7k | $17.85 |
| − OpEx | −$6.2k | −$4.46 |
| NOI | $18.5k | $13.39 |
1,384 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$264.8K
$231.7K – $308.9K
NOI $18,533 @ 7.0% cap · market cap 5.31%
Second Best
Mixed Use
$240.2K
$210.2K – $280.3K
NOI $16,816 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$386.9K
$338.5K – $451.4K
NOI $27,082 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
Explore this area
Business Placement
Demographics for 30046, GA
40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and retail space with a detached garage, dedicated parking, and BGC Central General Business zoning.
Where is this mixed-use property located?
The property is located at 164 West Oak Street Lawrenceville, GA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,384 SF of office and retail space; Approximately 0.27 acres; Detached garage structure included
