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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Gainesville Georgia Gainesville, GA 30501

3,847 SF 0.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional turnkey restaurant and bar in Gainesville, Georgia presents a unique investment opportunity. Boasting 3,847 square feet on a 0.27-acre lot, this fully renovated (2021) two-story building offers 75 indoor seats and two outdoor patios, perfect for special events. Located in downtown Gainesville at a high-traffic intersection, this property benefits from exceptional visibility and proximity to Lake Lanier (two miles), three colleges/universities, and numerous new residential and commercial developments. The current lease is NNN with 5 years remaining and options to renew for an additional 10 years, providing long-term stability. The all-inclusive monthly rent is $8,546. The property includes a 20-seat bar, a private downstairs room with a patio, and ample free parking. The fully equipped kitchen features a hood ventilation system, a 1500-gallon grease trap, a large walk-in cooler, a dedicated prep kitchen, and extensive storage. The sale includes all kitchen equipment and smallwares. 2023 sales totaled $1,475,000. The asking price is $850,000, with seller financing considered for qualified buyers. This thriving establishment offers significant potential for dine-in, takeout, delivery, catering, and special events, making it an ideal acquisition for experienced restaurateurs seeking a profitable, established business in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,847 SF
Lot 0.27 ac (11,761 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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