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Property profile & analytics
OFF-MARKET Estimated value $8,235,000
Turn key restaurants

3095 Main St Duluth, GA 30096-3261

4,609 SF 0.1 ac lot Built 2016
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US22-3878267
Property summary
AI-generated overview

This thriving restaurant and bar, located at 3095 Main St #500A in historic downtown Duluth, GA 30096, presents a unique investment opportunity. The 5,442 square foot space boasts 174 indoor seats, a 25-seat bar, and a 15-seat rooftop bar. A significant advantage is the open container law, allowing patrons to purchase alcohol and leave the premises. The property also benefits from access to the Parsons Alley courtyard, offering additional outdoor seating capacity (approximately 25 patio seats and 100 communal picnic table seats). The lease agreement includes a 10-year term with two 5-year options, extending to December 1, 2028. Monthly rent is $12,265.03, plus CAM fees of $2,562.43, totaling $14,827.46. The business opened in February 2018 with a $2,000,000 build-out. Note that the name, trademarks, recipes, books, and records are not included in the sale. The asking price is $500,000, with some owner financing options available. This property offers a substantial opportunity for a new owner to capitalize on an established business in a prime location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2016
Construction WOOD
Total area 4,609 SF
Lot 0.1 ac (4,356 SF)
Zoning code CPD-C-CORE PRESERV DIST-C
APN 6-293A-043
UPID US22-3878267
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
Current use
Occupant on record · Public records
  • Nacho Daddy - Duluth Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.24M
Owner & transaction history
Regency Bridge LLC · 6 yrs held
Regency Bridge LLC
since 2020
Last sale
$7.6M
4 recorded transactions
2020
Price N/A
2020
$7.6M
2020
Price N/A
1969
Price N/A
Zoning & alternative use
CPD-C-CORE PRESERV DIST-C · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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