Conventional Restaurant
For Sale
$825,000
5646 Price Road, Gainesville, GA 30506
COMMERCIAL - Gainesville, GA
Property Size3,060 SF
Lot Size0.93 Acres
Price / SF$269.61
Days on Market47
Property Features for 5646 Price Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
8
Parking features
Parking Lot
Fencing
Chain Link
Lot features
Level
Directions
Take HWY 400/19 north to Dawsonville to State Rd 9 E go right follow to 136/Price Rd. Slight right at stop sign. Continue to the property on the left.
Standard status
Active
APN
10012 000002A
Size
3,060 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3143
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1970
Flooring type
Vinyl
Listing Agency:
Atlanta Communities
(770) 240-2001
Listed By:
David Miller · License #340692
(404) 931-7529
Added: Jun 14
Changed: Jul 29
Last Checked: Jul 30 at 6:06PM
MLS# 10785655
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 commercial property is configured as a conventional restaurant offering, with a total building size of 3,060 square feet. The sale also includes an additional adjoining 1.423-acre lot, for a combined overall footprint that supports flexible site planning.
Located at 5646 Price Road in Gainesville, GA, the property is described as well located with good road frontage. The listing notes convenience to Lake Lanier, Dawsonville, and The North Georgia Premium Outlets, which may be relevant for retail and restaurant visibility.
The primary parcel is listed at 0.93 acres, with the additional adjoining lot included in the offering.
Located at 5646 Price Road in Gainesville, GA, the property is described as well located with good road frontage. The listing notes convenience to Lake Lanier, Dawsonville, and The North Georgia Premium Outlets, which may be relevant for retail and restaurant visibility.
The primary parcel is listed at 0.93 acres, with the additional adjoining lot included in the offering.
Key Highlights
- Commercial property with good road frontage in Gainesville
- Additional adjoining 1.423‑acre lot included
- Built in 1970
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 | $64.3k | $21.00 |
| − Vacancy | −$4.8k | −$1.58 |
| EGI | $59.4k | $19.43 |
| − OpEx | −$14.9k | −$4.86 |
| NOI | $44.6k | $14.57 |
3,060 SF · lease $21.00/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$636.9K
$557.3K – $743.0K
NOI $44,580 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$857.0K
$749.8K – $999.8K
NOI $59,987 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30506, GA
45,215
Population
18,876
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
100.5 sq mi
ZIP Area
450
Density / Sq Mi
$95,224
Median Household Income
$44,824
Median Earnings
$1,323
Median Rent
$363,100
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?
Conventional restaurant - Commercial property with good road frontage and an adjoining 1.423-acre lot included.
Where is this conventional restaurant located?
The property is located at 5646 Price Road Gainesville, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Commercial property with good road frontage in Gainesville; Additional adjoining 1.423‑acre lot included; Built in 1970
