698 Butler Parkway, Gainesville, GA 30501
SINGLE_FAMILY - Gainesville, GA
- Added:
- May 14, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 698 Butler Parkway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- G-B
- Parking
- 2
- Parking features
- On Street
- Interior features
- High Ceilings 10 or Greater
- Standard status
- Active
- APN
- 01020 004011
- Size
- 950 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1901
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Stucco, Brick
- Roof type
- Flat
Listing agent RUSTY TAYLOR (404) 876-4901
Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA (404) 876-4901
Listing date May 14, 2026
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.
HighLights
- 950 sq ft shell on a high‑visibility corner lot, about 3/4 mile from Gainesville's historic square
- 10+ ft high ceilings, with exposed brick peeking through in places and tile flooring
- Zoned G‑B, offering flexibility for restaurant/coffee shop, boutique retail, small grocery/specialty market, or offices/retail
- Two entrances on a corner location on one of Gainesville's busiest streets, with on‑street parking
- Construction: stucco and brick; flat roof; natural gas available with public water and public sewer
- Year built 1930; sold as‑is
Overview
Located in Gainesville, Georgia, it sits about 3/4 mile from the historic square. The property’s storefront-style orientation on the corner is designed to capture passing traffic and provide straightforward access for visitors arriving from either direction.
Zoned G-B, the shell is positioned for a range of retail and food-service ideas, including a restaurant or coffee shop, boutique retail, or a small specialty market. The existing two-entrance setup also supports potential office/retail combinations, subject to approved plans and permitting. For operators and contractors looking for a blank-canvas site with prominent physical character, this is a practical starting point for a tailored buildout.
Local 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 | $20.0k | $21.00 |
| − Vacancy | −$1.5k | −$1.58 |
| EGI | $18.5k | $19.43 |
| − OpEx | −$4.6k | −$4.86 |
| NOI | $13.8k | $14.57 |
Alternative Uses
Current Use by Public Records
Map
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.818509
- Latitude
- 34.295626
