Two-Building Mixed-Use
For Sale
$292,900
5361 N Main Street, Acworth, GA 30101
One structure is renovated and ready for occupancy; the second offers space for rehabilitation.
Property Size1,428 SF
Price / SF$205.11
Days on Market165
Property Features for 5361 N Main Street
General Information
Standard status
Active
Size
1,428 SF
Total Parking Spaces
4
Property subtype
Commercial
Zoning
Light Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,875
Building Details
Building Size
1,428 SF
Year Built
1935
Buildings
2
Listed By:
Debbie Conner Smith
(770) 464-0897
Source:
Connersmithrealty
Added: May 15
Changed: Oct 25
Last Checked: Oct 26 at 3:50AM
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 Debbie Conner Smith
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes two on-site structures totaling 1,428 square feet. One building was renovated and is ready for occupancy, while the second is in need of rehabilitation. The property was built in 1935 and is zoned Light Industrial.
Located on N Main Street in downtown Acworth, the site is a few blocks from Lake Allatoona and has access to major highways.
Located on N Main Street in downtown Acworth, the site is a few blocks from Lake Allatoona and has access to major highways.
Key Highlights
- Two structures totaling 1,428 square feet
- Renovated building is ready for occupancy
- Second structure is a rehabilitation project
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,122
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,440
$382.4K
Cap Rate 7%
$273,171
$273.2K
Cap Rate 9%
$212,467
$212.5K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$34.1K $23.87/SF
− Vacancy
−$8.6K −$6.02/SF
EGI
$25.5K $17.85/SF
− OpEx
−$6.4K −$4.46/SF
NOI
$19.1K $13.39/SF
Area
Cherokee County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,440
Cap Rate 7%
$273,171
Cap Rate 9%
$212,467
Alternative Uses
Best Use
Office B
$273.2K
$239.0K – $318.7K
NOI $19,122 @ 7.0% cap · market cap 6.53%
Second Best
Mixed Use
$269.3K
$235.6K – $314.2K
NOI $18,850 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$401.0K
$350.9K – $467.8K
NOI $28,069 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 30101, GA
61,989
Population
21,788
Households
2.8
Avg Household Size
39
Median Age
43%
College-Educated
94%
High-School Grad
41.0 sq mi
ZIP Area
1,512
Density / Sq Mi
$107,004
Median Household Income
$52,779
Median Earnings
$1,679
Median Rent
$376,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - One structure is renovated and ready for occupancy; the second offers space for rehabilitation.
Where is this mixed-use property located?
The property is located at 5361 N Main Street Acworth, GA.
What is the asking price?
The asking price for this property is $292,900.
What are key features of this property?
This property features: Two structures totaling 1,428 square feet; Renovated building is ready for occupancy; Second structure is a rehabilitation project
