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    193 Pike St Lawrenceville, GA 30046

    For Sale
    Contact for pricing

    Prime 2,400 sq ft retail building

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2,400 square foot retail building is located in the heart of downtown Lawrenceville, Georgia, at 193 E Pike St, zip code 30046. Currently operating at 100% occupancy, this single-tenant property presents a unique investment opportunity. The building is zoned C2 and offers a flexible layout suitable for various uses, including retail, office, or restaurant space. The property includes two adjacent lots, each approximately 0.25 acres. One lot contains the existing retail building, while the other is vacant, presenting potential for expansion or assemblage with a neighboring property. Ample parking is available, ensuring convenient access for customers and employees. The building features a well-maintained exterior and a bright, open interior floor plan with abundant natural light. Situated in a high-traffic area with excellent visibility, this property benefits from a thriving commercial district and significant growth potential. This is an ideal opportunity for investors seeking a strong return in a dynamic and developing area of Gwinnett County. The property's current lease has expired.

    Property Features for 193 Pike St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,400 SF

    HighLights

    • 2,400 SF retail building at 193 E Pike St, Lawrenceville, GA 30046.
    • Currently 100% occupied, single‑tenant property.
    • C2 zoning allows for retail, office, or restaurant use.
    • Includes two 0.25‑acre lots; one with building, one vacant.
    • Ample parking available.
    • High‑traffic location with excellent visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alexander's of Atlanta Jeweler Hollywood Skin Atlanta Facial Spa

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Clothing Store Law Firm 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
    -83.9870809
    Latitude
    33.9577085

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    FAQs

    What type of property is this?
    Individual retail property - Prime 2,400 sq ft retail building
    Where is this individual retail property located?
    The property is located at 193 Pike St Lawrenceville, GA.
    What are key features of this property?
    This property features: 2,400 SF retail building at 193 E Pike St, Lawrenceville, GA 30046.; Currently 100% occupied, single-tenant property.; C2 zoning allows for retail, office, or restaurant use.
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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
    193 Pike St Lawrenceville, GA 30046
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