Leased Retail Building with Event
For Sale
$1,600,000
3737 Main Street, College Park, GA 30337
COMMERCIAL - College Park, GA
Property Size6,580 SF
Lot Size0.09 Acres
Price / SF$243.16
Days on Market179
Property Features for 3737 Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
On Street, Parking Lot
Lot features
Corner Lot
Directions
GPS
Standard status
Active
APN
14 016100060901
Size
6,580 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
10
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1920
Flooring type
Concrete
Building materials
Brick, Concrete, Wood Siding
Roof type
Composition
Listing Agency:
IBM Realty of Georgia, Inc.
(770) 469-1501
Listed By:
Byron Riggins
(770) 598-4984
Added: Feb 1
Changed: Jul 17
Last Checked: Jul 30 at 4:06PM
MLS# 10682858
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing retail property features 15 leased spaces and includes several restaurant spaces and side-street bar or lounge space, along with multiple salon spaces. The building also has a private entrance to an upstairs 3,000-square-foot loft or event center area with a full kitchen, bath, and laundry room, which may be used as an apartment and more. There are 7 baths on the premises.
Located in downtown College Park, the property sits right on Main Street and offers additional parking behind the building for 20 vehicles.
The building is described as up to date and well kept. A private tour can be arranged by request.
Located in downtown College Park, the property sits right on Main Street and offers additional parking behind the building for 20 vehicles.
The building is described as up to date and well kept. A private tour can be arranged by request.
Key Highlights
- Income‑producing property on Main Street in Downtown College Park
- All 15 of 15 spaces leased, including multiple restaurant, bar/lounges, and salon spaces
- Upstairs 3,000 SF loft/event center with full kitchen, bath, and laundry (can be converted to an apartment)
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
NOI $105,743 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$1.21M
$1.06M – $1.41M
NOI $84,456 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,755 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 30337, GA
11,810
Population
5,702
Households
2.1
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
12.2 sq mi
ZIP Area
968
Density / Sq Mi
$49,472
Median Household Income
$32,272
Median Earnings
$1,109
Median Rent
$311,900
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?
Retail space - All 15 spaces are leased, with restaurant and bar/lounge units plus an upstairs loft/event center with kitchen, bath, and laundry.
Where is this retail space located?
The property is located at 3737 Main Street 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; All 15 of 15 spaces leased, including multiple restaurant, bar/lounges, and salon spaces; Upstairs 3,000 SF loft/event center with full kitchen, bath, and laundry (can be converted to an apartment)
