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    Downtown Multi-Tenant Retail Building Title is generated by Realmo AI

    3737 Main St, College Park, GA 30337

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    For Sale
    $1,600,000

    Income-producing storefront with multiple leased restaurant and salon spaces, plus an upstairs loft/event area.

    Property size:
    6,580 SF
    Price / SF:
    $243/SF
    Added:
    Feb 1, 2026
    Days on Market:
    157
    Last Refresh:
    Jul 8 at 3:28 am

    Property Features for 3737 Main St

    General Information

    Standard status
    Active
    Size
    6,580 SF

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    Byron Riggins

    Listing office IBM Realty of Georgia, Inc.

    Listing date Feb 1, 2026

    Source Exprealty

    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 IBM Realty of Georgia, Inc.

    HighLights

    • Income‑producing property on Main Street in Downtown College Park
    • 13 of 15 spaces are leased, including multiple restaurant spaces, a side street bar or lounge, and salon spaces
    • Upstairs 3,000 SF loft/event area with full kitchen, bath, and laundry room, can be converted into an apartment
    • 7 bathrooms on premises
    • Additional 20‑space parking lot behind the building

    Overview

    This income-producing multi-tenant building offers a mix of leased storefront spaces, including several restaurant areas and a side-street bar or lounge space, along with multiple salon spaces. The property includes a private-entrance 3,000-square-foot loft or event center upstairs with a full kitchen, bath, and laundry room that could also be converted into an apartment. There are seven bathrooms on the premises, supporting flexible use for hospitality, service, or events.

    The building is located in downtown College Park directly on Main Street, with additional parking available behind the building for up to 20 vehicles. The property is described as up to date and well kept, and it currently has 13 of 15 spaces leased.

    For tenants or buyers, the current mix of restaurant, bar/lounges, and salon spaces can support operators seeking established retail activity within a conventional downtown storefront configuration. The upstairs loft/event center adds optionality for uses requiring a private entrance and full kitchen and laundry, while the parking behind the building supports customer access for storefront operations.

    Local Financial Insights For Specialty Retail

    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 $151.6k $23.04
    − Vacancy −$10.6k −$1.61
    EGI $141.0k $21.43
    − OpEx −$35.2k −$5.36
    NOI $105.7k $16.07
    6,580 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,743 @ 7.0% cap · market cap 6.61%
    Second Best
    Retail
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,456 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $128,755 @ 7.0% cap · market cap 8.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Building Supply Dental Office Pharmacy Garden Center Big Box & Wholesale Store Auto Parts Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4497031
    Latitude
    33.6532638

    FAQs

    What type of property is this?
    Conventional restaurant - Income-producing storefront with multiple leased restaurant and salon spaces, plus an upstairs loft/event area.
    Where is this conventional restaurant located?
    The property is located at 3737 Main St College Park, GA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Income‑producing property on Main Street in Downtown College Park; 13 of 15 spaces are leased, including multiple restaurant spaces, a side street bar or lounge, and salon spaces; Upstairs 3,000 SF loft/event area with full kitchen, bath, and laundry room, can be converted into an apartment
    More about this property
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