Historic Mixed-Use Commercial
202 Greenville Street, Lagrange, GA 30241
For Sale
$950,000
Downtown property combines historic architecture with DT-MX zoning and flexible commercial space.
Property Size1,932 SF
Lot Size0.60 Acres
Price / SF$135.71
Days on Market97
Property Features for 202 Greenville Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Opportunity Zone
Amenities
0.6 acres, City Lot
Public Sewer
Parcel Number: 0614W007004, Annual Amount: $8,078.44, Year: 2025
Listing ID: 10821985, Standard Status: Active, MLS Status: Active, On market as of 2026-08-07, 95 days on market
Parking Lot, Paved
Built in 1932, Construction Materials: Brick
County/Parish: Troup
Resale
Electricity Available, High Speed Internet, Sewer Available, Water Available, Water Source: Public
Negotiable
Building Details
Building Size
Year Built
Listing Agency:
Gari & Gari Realty
Listed By:
Ory Gari · License GA #395474
(404) 780-4465
Source:
Blackstreaminternational
Added: Aug 7
Changed: Nov 10
Last Checked: Nov 10 at 7:13AM
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 Gari & Gari Realty
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Investment Insights
Based on property information with market context.
Built in 1932, this 7,000-square-foot commercial property occupies 0.60 acres and pairs historic architectural character with recent improvements. The building currently houses Circa Coffee Market and offers flexible space suited to a range of commercial concepts, including cafe, restaurant, boutique retail, event, gallery, showroom, office, and creative studio uses as described in the property information.
Located at 202 Greenville Street in downtown LaGrange, the property has a visible downtown gateway position and DT-MX zoning. Its existing commercial presence, substantial building area, and combination of historic character and modern improvements provide a foundation for continued operation or a new concept.
Located at 202 Greenville Street in downtown LaGrange, the property has a visible downtown gateway position and DT-MX zoning. Its existing commercial presence, substantial building area, and combination of historic character and modern improvements provide a foundation for continued operation or a new concept.
Key Highlights
- 7,000 SF commercial building on 0.60 acres
- Built in 1932 with historic architectural character
- DT‑MX zoning in downtown LaGrange
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,265
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,300
$1.7M
Cap Rate 7%
$1,218,071
$1.2M
Cap Rate 9%
$947,389
$947.4K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$127.7K $18.24/SF
− Vacancy
−$5.9K −$0.84/SF
EGI
$121.8K $17.40/SF
− OpEx
−$36.5K −$5.22/SF
NOI
$85.3K $12.18/SF
Area
Troup County, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,300
Cap Rate 7%
$1,218,071
Cap Rate 9%
$947,389
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.14M – $1.52M
NOI $91,355 @ 7.0% cap · market cap 9.62%
Second Best
Retail
$1.22M
$1.07M – $1.42M
NOI $85,265 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,638 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 29%
Leisure 9%
Groceries 8%
Shell
Shops & Services
11,726 visits/mo
0.3 miles
Your Pie
Dining
9,338 visits/mo
0.2 miles
Wendy's
Dining
9,312 visits/mo
0.3 miles
AMC CLASSIC LaGrange 10
Leisure
8,728 visits/mo
0.2 miles
Bank of America
Shops & Services
8,401 visits/mo
0.2 miles
Demographics for 30241, GA
25,509
Population
10,433
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
88%
High-School Grad
112.4 sq mi
ZIP Area
227
Density / Sq Mi
$47,988
Median Household Income
$34,411
Median Earnings
$1,077
Median Rent
$167,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown property combines historic architecture with DT-MX zoning and flexible commercial space.
Where is this mixed-use property located?
The property is located at 202 Greenville Street Lagrange, GA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,000 SF commercial building on 0.60 acres; Built in 1932 with historic architectural character; DT‑MX zoning in downtown LaGrange
