1636 Atlanta Hwy Gainesville, GA 30504
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
H-B · Gainesville, GACosts & 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.