0 Gainesville Georgia Gainesville, GA 30501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.