1636 Atlanta Hwy, Gainesville, GA 30504
- Retail space
- 4,032 SF
- 0.47 lot acres
Current Use by Public Records
- Retail space
Property Details for 1636 Atlanta Hwy
- Year built
- 1954
- Lot size
- 0.47 lot acres
- Zone code
- H-B
- Property type
- Retail space
- APN
- 01-133A-004-006
- APU
- 01133A004006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 21, 2022 | $565,000 | Express Inn Investment Grp LLC | Palak Capital Investments LLC | Warranty Deed | $777k · Quantum National Bank |
| Jan 5, 2021 | $176,000 | Palak Capital Investments LLC | Pediatrics And Adult Medicine INC | Warranty Deed | — |
Description
This freestanding retail building, located at 1636 Atlanta Highway in Gainesville, Georgia, presents a compelling investment opportunity. Built in 1980, the property sits on a 0.47-acre lot and comprises approximately 4,000 square feet of retail space, divided into two suites (A and B). Suite B is currently leased to a grocery store, generating immediate income. The building enjoys a highly visible location on Atlanta Highway, a major thoroughfare with approximately 22,000 cars passing daily, ensuring significant exposure to potential customers. Its strategic placement within a mini-shopping center, surrounded by other commercial businesses and a motel, further enhances its appeal. The property's location in historic Gainesville, Georgia, adds to its character and potential for growth. The asking price for this well-situated retail property is $1,300,000. This represents a rare chance to acquire a profitable retail asset in a thriving commercial area. The property's strong location and existing tenancy make it an attractive investment for both seasoned and new investors seeking a stable income stream and potential for future appreciation. The zip code is 30504.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.8411
- Latitude
- 34.2679
- CBSA code
- 23580
- CBSA name
- GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
