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Commercial Building on Main Street
For Sale
$375,900

6003 Main Street, Lula, GA 30554

SINGLE_FAMILY - Lula, GA

Property Size1,710 SF
Lot Size0.11 Acres
Price / SF$219.82
Days on Market337

Property Features for 6003 Main Street

General Information

Property type Residential
Property subtype Retail
Zoning C2
Parking 12
Parking features Parking Lot, On Street
Window features Display Window(s)
Interior features Restrooms
Lot features Corner Lot
View Park
Directions From Gainesville, take HWY 23 to Lula. Building on the left at the corner of Main Street and Athens Street. No signage. I-985N, merge onto US-23N, then turn right onto Belton Bridge Road. Turn right onto Main Street, and the Property will be on the right.
Standard status Active
APN 09071 009008
Size 1,710 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1864

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1998
Floors in Building 1
Flooring type Laminate, Carpet
Building materials Block, Brick
Roof type Asphalt
Listing Agency: Dream Homes Realty, Inc.
Listed By: Peggy Clouse · License #211492
Added: Aug 28, 2025 Changed: Jul 28 Last Checked: Jul 30 at 5:06PM
MLS# 7640436

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 commercial free-standing building is available for sale on Main Street in Lula, GA, situated across from the Lula Depot and Veterans Memorial Park. The property, currently used as a martial arts studio, features a reception area, one bathroom, an office, two changing rooms, and a larger room. The building's layout and location make it suitable for various business ventures, including business offices, retail stores, bakeries, food and beverage establishments, or other professional services. The property includes 12 parking spaces. The lot size is 0.11 acres. The building has 1710 square feet of space. The zoning is C2.

Key Highlights

  • Free‑standing commercial building on Main Street in Lula, GA
  • 12 parking spaces available
  • Suitable for various businesses: offices, retail, food/beverage, etc.

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 $30.8k $18.00
− Vacancy −$2.6k −$1.53
EGI $28.2k $16.47
− OpEx −$8.4k −$4.94
NOI $19.7k $11.53
1,710 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$281.6K
$246.4K – $328.6K (±1% cap)
NOI $19,715 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.9K
$419.0K – $558.7K (±1% cap)
NOI $33,522 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Law Firm Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30554, GA

8,394
Population
3,476
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
117
Density / Sq Mi
$81,789
Median Household Income
$42,386
Median Earnings
$985
Median Rent
$239,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Free-standing commercial building in Lula, GA, ready for new business.
Where is this storefront property located?
The property is located at 6003 Main Street Lula, GA.
What is the asking price?
The asking price for this property is $375,900.
What are key features of this property?
This property features: Free‑standing commercial building on Main Street in Lula, GA; 12 parking spaces available; Suitable for various businesses: offices, retail, food/beverage, etc.
More about this property
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