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Historic Dahlonega Square Property

75 E Main St, Dahlonega, GA 30533

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For Sale

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Unique property on the Historic Dahlonega Square.

Type:Retail

Property size:

7,000 SF

Price / SF:

$313/SF

HighLights

Prime location on the Historic Dahlonega Square, a vibrant downtown area.
Close proximity to the University of North Georgia's Dahlonega campus.
CBD zoning offers diverse redevelopment opportunities.
Existing successful multi‑vendor antique store business could be included.
Located in a growing area with agritourism attractions and historical significance.
Suitable for both investors and owner‑users.

We can help!

Contact an agent

CJ Harman

Learn more

For Sale

Contact for pricing

Unique property on the Historic Dahlonega Square.

Type:Retail

Property size:

7,000 SF

Price / SF:

$313/SF

Added:: Oct 21, 2024
Days on Market:: 625
Last Refresh:: Jul 2 at 5:50 am

Property Features for 75 E Main St

General Information

Standard status: Active
Size: 7,000 SF
Property subtype: Retail

We can help!

Contact an agent

CJ Harman

Listing office The Norton Agency Gainesville

Listing date Oct 21, 2024

Source Crexi

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 The Norton Agency Gainesville

HighLights

Prime location on the Historic Dahlonega Square, a vibrant downtown area.
Close proximity to the University of North Georgia's Dahlonega campus.
CBD zoning offers diverse redevelopment opportunities.
Existing successful multi‑vendor antique store business could be included.
Located in a growing area with agritourism attractions and historical significance.
Suitable for both investors and owner‑users.

Overview

Located on the Historic Dahlonega Square, 75 East Main Street presents an opportunity in one of the nation's fastest-growing counties. The property is situated steps away from the University of North Georgia’s Dahlonega campus, which has nearly 8,000 students. The 7,000-square-foot building is currently home to a successful, long-standing, multi-vendor antique store business that could be included in the sale. The property's CBD zoning in the City of Dahlonega allows for revitalization of this space into a restaurant, event venue, church, or historic museum. Dahlonega is known as the start of the gold rush in the early 1800’s, and its history still attracts visitors. The area also features agritourism attractions such as wineries, wedding venues, resorts, hiking trails, and ATV parks. The property is suited for an owner-user re-imagination of the space or for someone looking for an income-producing property.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$161.3k	$23.04
− Vacancy	−$11.3k	−$1.61
EGI	$150.0k	$21.43
− OpEx	−$37.5k	−$5.36
NOI	$112.5k	$16.07

7,000 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.61M

$1.41M – $1.87M (±1% cap)

NOI $112,493 @ 7.0% cap · market cap 5.12%

Second Best

Retail

$1.41M

$1.23M – $1.64M (±1% cap)

NOI $98,458 @ 7.0% cap · market cap 4.49%

Theoretical Best

Office A

$1.96M

$1.71M – $2.28M (±1% cap)

NOI $136,974 @ 7.0% cap · market cap 6.24%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Gateway Antique Mall Home Decor Store

Suggested Use

Similar Places Nearby

La Fleur Flowers and Botanicals — 40b Public Square S, Dahlonega, GA 30533

Location Insight

Map
Local Demand

City: Dahlonega
County: Lumpkin
State: Georgia
Longitude: -83.9837285
Latitude: 34.5337076

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For sale
Storefront properties
GA
Dahlonega
30533
75 E Main St

What type of property is this?

Storefront property - Unique property on the Historic Dahlonega Square.

Where is this storefront property located?

The property is located at 75 E Main St Dahlonega, GA.

What is the asking price?

The asking price for this property is $2,195,000.

What are key features of this property?

This property features: Prime location on the Historic Dahlonega Square, a vibrant downtown area.; Close proximity to the University of North Georgia's Dahlonega campus.; CBD zoning offers diverse redevelopment opportunities.