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    161 Perry St Lawrenceville, GA 30046

    Sponsored
    For Sale
    $1,500,000

    10,670 SF Church, $1.5M, 100+ Parking

    Property size:
    10,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This meticulously maintained 10,670-square-foot building, constructed in 1940, presents a unique investment opportunity in Lawrenceville, Georgia's historic district. Previously a theater, it currently functions as a church with over 175 seats, multiple classrooms, offices, conference rooms, and pastor's offices, each with private baths and entrances. The property also includes a cafe and banquet hall with a full kitchen. Additional features include two lower-level jail cells, a large entry meeting area, and an outdoor courtyard. Ample parking is available on-site (100 spaces) and on the street. The 0.27-acre lot (11,761 square feet) offers versatile potential. Its prime downtown location, near Fire Station 2, makes it ideal for various uses, including retail, professional offices, or a community center. The property's excellent condition allows for immediate occupancy. Access is available from multiple points. The asking price is $1,500,000, with a price per square foot of $140.58. The property's APN is R5146A004.

    Property Features for 161 Perry St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    10,670 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1940
    Buildings
    1

    HighLights

    • 11,761 SF lot size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tabernacle-Christ Church International Church

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9891823
    Latitude
    33.955444

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    FAQs

    What type of property is this?
    Church & religious facility - 10,670 SF Church, $1.5M, 100+ Parking
    Where is this church & religious facility located?
    The property is located at 161 Perry St Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 11,761 SF lot size.; ;
    (678) 594-2763
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    161 Perry St Lawrenceville, GA 30046
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    Lawrenceville, GA 30046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Perry St Lawrenceville, GA 30046
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