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Property profile & analytics
OFF-MARKET Estimated value $1,280,000
Retail space

104 Main SW St Gainesville, GA 30501-3706

14,450 SF 0.18 ac lot Built 1900
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US22-0841982
Property summary
AI-generated overview

This exceptional 16,000 square foot restaurant space is ideally situated in the heart of Downtown Gainesville Square at 104 Main St SW, Gainesville, GA 30501. The property boasts a prominent location within Hall County, offering unparalleled visibility and accessibility to a thriving customer base. The single-tenant occupancy presents a unique opportunity for a restaurant operator seeking a substantial footprint in a high-traffic area. The expansive lot size of 0.184 acres provides ample space for outdoor seating or potential expansion. A significant advantage is the availability of 1040 parking spaces, ensuring convenient access for patrons and staff. This turnkey restaurant space is ready for immediate occupancy, presenting a rare chance to establish or relocate a successful culinary venture in a prime Gainesville location. The property's size and parking capacity make it suitable for a wide range of restaurant concepts, from casual dining to upscale establishments. The address, 104 Main St SW, places the business within easy reach of both residential and commercial areas, maximizing potential customer traffic. This is a truly remarkable opportunity to secure a highly desirable restaurant space in a vibrant and growing community. The property is available for lease.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 14,450 SF
Lot 0.18 ac (7,841 SF)
Zoning code C-B
APN 01-005 -006-004
UPID US22-0841982
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.28M
Owner & transaction history
Reforma On Main LLC · 3 yrs held
Reforma On Main LLC
since 2023
3 recorded transactions
2023
$1.2M
2021
Price N/A
2011
$260,000
Zoning & alternative use
C-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(d) Off-street parking is not required for any use within the C-B (Central Business) district, unless deemed necessary by the Community and Economic Development Director for new building construction or when included as a condition of special use approval for a density increase by the Governing Body. In such cases the minimum parking required shall also be c…

Zone name Central Business
General category COMMERCIAL
Zone area 64.57 ac
Source ARTICLE 9-1
Top alternative use upside
Office building $2.1M +0.9%
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