3095 Main St Duluth, GA 30096-3261
- Turn key restaurants
- 4,609 SF
- 0.10 lot acres
Mar 09, 2020
Current Use by Public Records
- Nacho Daddy - Duluth / Mexican Restaurant / Bar
Property Details for 3095 Main St
- Year built
- 2016
- Construction
- WOOD
- Lot size
- 0.10 lot acres
- Property size
- 4,609 SF
- Zone code
- CPD-C-CORE PRESERV DIST-C
- Property type
- Turn key restaurants
- APN
- 6-293A-043
- APU
- 6293A043
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $9,215,000
- ML approach
- $8,525,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1445
- Latitude
- 34.0032
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
