Gainesville Iconic Office
301 Green Street NW, Gainesville, GA 30501
Iconic office building in Gainesville, suitable for owner/user or investor.
Type:Office
Property size:
13,992 SFPrice / SF:
$164/SF- Added:
- Nov 21, 2025
- Days on Market:
- 193
- Last Refresh:
- May 8 at 11:55 pm
Property Features for 301 Green Street NW
General Information
- Standard status
- Active
- Size
- 13,992 SF
- Property subtype
- Office
Listing agent Karen Baston License #GA #323369 (770) 861-8006
Listing office (770) 861-8006
Listing date Nov 21, 2025
Source Svn
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 Karen Baston
HighLights
- Iconic building in Gainesville.
- Prime location: One block from downtown square and walking distance to retail, government, recreation, restaurants, and shopping.
- Suitable for owner/user or investor.
- Ample on‑site parking and great visibility along Green Street.
- Convenient access: Less than 1.5 miles from I‑985 (Exit 22) and less than 1 mile to Northeast Georgia Medical Center and Brenau University.
- Current owner willing to lease back until relocation.
Overview
This iconic building in Gainesville offers 13,992 square feet of office space, plus approximately 1,600 square feet of finished basement/storage space. Situated one block from the downtown square in Gainesville, it provides convenient access to the rapidly growing downtown retail and government area. The property is located in the Central Business District, less than 1.5 miles from I-985 at Exit 22, offering excellent walkability to recreation, restaurants, and shopping. Its location along Green Street provides great visibility, complemented by ample on-site parking. The building is less than 1 mile from Northeast Georgia Medical Center and Brenau University. It is suitable for an owner/user or an investor. The current owner is willing to lease back the property until relocating to a new location.
Local 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 | $334.1k | $23.88 |
| − Vacancy | −$84.2k | −$6.02 |
| EGI | $249.9k | $17.86 |
| − OpEx | −$62.5k | −$4.47 |
| NOI | $187.4k | $13.40 |
13,992 SF · lease $23.88/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.68M
$2.34M – $3.12M
NOI $187,446 @ 7.0% cap · market cap 8.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.92M
$3.43M – $4.57M
NOI $274,293 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Jacobs Engineering Group ...
Engineering Consultant
Clayton Franklin
Law Firm
RAD Law
Consultant
Gainesville Custom Signs
(Bike/Boat/Book/etc) Store
Hannah Coleman
Law Firm
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.8271
- Latitude
- 34.3021
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Iconic office building in Gainesville, suitable for owner/user or investor.
Where is this office building located?
The property is located at 301 Green Street NW Gainesville, GA.
What is the asking price?
The asking price for this property is $2,308,600.
What are key features of this property?
This property features: Iconic building in Gainesville.; Prime location: One block from downtown square and walking distance to retail, government, recreation, restaurants, and shopping.; Suitable for owner/user or investor.
