Live-Work Space with Renovated
For Sale
$292,900
5361 N Main Street, Acworth, GA 30101
COMMERCIAL - Acworth, GA
Property Size1,428 SF
Lot Size0.40 Acres
Price / SF$205.11
Days on Market94
Property Features for 5361 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LI
Parking
5
Parking features
Covered
Interior features
Recessed Lighting, Restrooms, Living Space Available
Fencing
Fenced, Chain Link
Lot features
Level, Private
View
City
Directions
Please use GPS.
Standard status
Active
APN
20000600950
Size
1,428 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2875
Utilities
Utilities
Cable Available
Heating system
Forced Air, Space Heater
Cooling system
Central Air
Building Details
Year built
1935
Floors in Building
1
Flooring type
Hardwood, Wood
Building materials
Block, Wood Siding
Additional Structures
Other
Listing Agency:
Real Broker, LLC.
(855) 450-0442
Listed By:
Paul Matadeen
(404) 999-2234
Added: May 28
Changed: Aug 4
Last Checked: Aug 29 at 10:06AM
MLS# 7778188
Copyright © 2026 First Multiple Listing Service, Inc. 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 live-work space on N Main Street includes two on-site structures. One of the two buildings has been fully renovated and is move-in ready, with features that support a variety of uses such as office, creative studio, boutique retail, or a short-term rental setup. The second structure is a blank canvas and is described as rehab-ready, giving you a second option for customization, expansion, or additional rental use.
The property sits on 0.4 acres and includes a 1,428-square-foot building area. Constructed in 1935 with block and wood siding, the interior includes recessed lighting, restrooms, and a living space option, along with hardwood/wood flooring. Heating includes forced air and a space heater, and cooling is provided by central air. Covered parking is available, and fencing includes chain link.
Zoning is listed as LI. Utilities noted include cable available. Buyers are encouraged to verify intended uses with the City of Acworth and relevant authorities.
The property sits on 0.4 acres and includes a 1,428-square-foot building area. Constructed in 1935 with block and wood siding, the interior includes recessed lighting, restrooms, and a living space option, along with hardwood/wood flooring. Heating includes forced air and a space heater, and cooling is provided by central air. Covered parking is available, and fencing includes chain link.
Zoning is listed as LI. Utilities noted include cable available. Buyers are encouraged to verify intended uses with the City of Acworth and relevant authorities.
Key Highlights
- LI zoning live‑work property with two on‑site structures
- One structure fully renovated and move‑in ready, second rehab‑ready
- 0.4‑acre lot with 1,428‑square‑foot building area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,122
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office 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?
Live-work space - Live-work opportunity in LI zoning with one fully renovated structure and flexible space for office, studio, retail, or short-term use.
Where is this live-work space 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: LI zoning live‑work property with two on‑site structures; One structure fully renovated and move‑in ready, second rehab‑ready; 0.4‑acre lot with 1,428‑square‑foot building area
