4615 Stone Mtn Hwy Lilburn, GA 30047-4651

Property Details for 4615 Stone Mtn Hwy

Year built

1982

Construction

WOOD

Lot size

2.06 lot acres

Property size

4,456 SF

Zone code

C2-GENERAL BUSINESS

Property type

Investment properties

Property subtype

Live-work space

APN

6-063B-212

APU

6063B212

Description

This exceptional investment opportunity presents a fully leased, 4,456 square foot, two-story retail building situated on a 2.06-acre waterfront lot in Lilburn, Georgia. The Class B property, built in 1938 and extensively renovated (1996, 2001, 2011, 2018), boasts three long-term tenants and a 100% occupancy rate, generating a strong 6.54% cap rate at an asking price of $1,075,000. The property features high visibility on Stone Mountain Highway (72,600 cars daily), offering unmatched exposure. Its prime location between Snellville and Stone Mountain, with proximity to Atlanta, makes it both a destination and impulse-buy location. The property includes three outdoor seating areas, taking advantage of spectacular lake views. The C-2 zoning permits a variety of uses. An assemblage opportunity exists with an adjacent 1.63-acre C-2 zoned parcel, offering potential for expansion. The current zoning allows for a restaurant, subject to Gwinnett County conditions. Shared driveway access is available, with a second driveway permitted off Matterhorn Drive. The seller prefers selling both parcels together. This stabilized, multi-tenant retail investment offers significant potential for future growth and value appreciation. The property's APN is 6063B212.

Location Insight

City

Lilburn

County

Gwinnett

State

Georgia

Longitude

-84.0906

Latitude

33.832

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments