Historic Commercial Property in
501 S Thornton Avenue Dalton, GA 30720
For Sale
$600,000
COMMERCIAL - DALTON, GA
Property Size3,303 SF
Lot Size0.48 Acres
Price / SF$181.65
Days on Market683
Property Features for 501 S Thornton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM LMTD
Standard status
Active
APN
12-238-23-014
Size
3,303 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
4046
Building Details
Floors in Building
2
Listing Agency:
Coldwell Banker Kinard Realty - Dalton
(706) 226-5182
Listed By:
Cheryl Burgess
(706) 270-4124
Added: Sep 16, 2024
Changed: Jun 8
Last Checked: Jul 30 at 3:06AM
MLS# 127655
Copyright © 2026 Carpet Capital Association of REALTORS®. 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 unique commercial property, potentially constructed in the 1860s, features a rich history and a prominent setting. The property includes generously sized rooms, detailed finishes, and high ceilings. Zoned commercial (C-1A), it has accommodated various businesses, including an antique store, a traveler's rest, a massage/therapy location, and a tea room. The property offers three road frontages for accessibility and over 20 parking spaces, with room for expansion. Additional features include a detached garage and a glass-enclosed gazebo. The lot size is 0.48 acres. The building size is 3303 square feet. The property is located in Dalton, GA, in Whitfield County. It is suitable for storefront, retail, office units, and general commercial real estate purposes.
Key Highlights
- Commercial zoning (C‑1A) allows for a variety of business uses.
- Three road frontages provide easy access.
- 20+ parking spaces with room for more.
Financial Insights For 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 | $32.9k | $9.96 |
| − Vacancy | −$2.8k | −$0.85 |
| EGI | $30.1k | $9.11 |
| − OpEx | −$9.0k | −$2.73 |
| NOI | $21.1k | $6.38 |
3,303 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$301.0K
$263.4K – $351.2K
NOI $21,071 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.5K
$461.5K – $615.4K
NOI $36,922 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Special Occasions — 908 N Glenwood Ave, Dalton, GA 30721
- Ruth & Doyle's Florist — 407 N Thornton Ave #3, Dalton, GA 30720
Frequently Asked Questions
What type of property is this?
Storefront property - Unique commercial property with historical significance and versatile potential.
Where is this storefront property located?
The property is located at 501 S Thornton Avenue Dalton, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Commercial zoning (C‑1A) allows for a variety of business uses.; Three road frontages provide easy access.; 20+ parking spaces with room for more.
