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Property profile & analytics
FOR SALE
Turn key restaurants

555 Progress Center Ave Lawrenceville, GA 30043

4,612 SF 2.32 ac lot Built 1998
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-2311302
555 Progress Center Ave, Lawrenceville, GA 30043 For Sale
$2,000,000 4,612 SF
555 Progress Center Ave, Lawrenceville, GA 30043
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Property summary
AI-generated overview

This exceptional 2.32-acre property at 555 Progress Center Avenue in Lawrenceville, Georgia presents a remarkable investment or business ownership opportunity. The site features a 4,612 square foot freestanding building currently operating as a Country Food Cafeteria restaurant. The expansive flat lot offers significant potential for expansion or the construction of additional buildings. The existing structure provides a solid foundation for a variety of culinary concepts, including but not limited to: sports bars, country buffets, sushi buffets, American, Chinese, Mexican, Italian, Japanese steakhouse, or Asian fusion restaurants. The property's size and location also make it suitable for event spaces, such as wedding venues. The high visibility and ample space make this a truly unique opportunity for entrepreneurs and investors seeking a high-return investment in a thriving area. The existing restaurant provides immediate income potential, while the substantial undeveloped land allows for future growth and development. This property is ideally situated in Lawrenceville, offering easy access to major transportation routes and a strong customer base. The flat terrain simplifies construction and development, minimizing potential challenges and costs. This is a rare chance to acquire a versatile property with immediate income and significant long-term potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Construction WOOD
Total area 4,612 SF
Lot 2.32 ac (101,059 SF)
Zoning code C2-GENERAL BUSINESS
APN 5-208 -036
UPID US22-2311302
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
  • Vintage Home Kitchen Restaurant
  • French Toastery Bakery Specialty Food Shop
  • Uptown Burgers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.26M
Owner & transaction history
Gotop LLC · 2 yrs held
Gotop LLC
since 2023
Last sale
$1.3M
3 recorded transactions
2024
Price N/A
2023
$1.3M
2004
$857,300
Zoning & alternative use
C2-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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