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Property profile & analytics
FOR SALE
Commercial real estate

70a Memorial Dr Dahlonega, GA 30533

10,134 SF 1.25 ac lot Built 1976
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US22-2139260
Property summary
AI-generated overview

This exceptional commercial building, located at 70 Memorial Drive in Dahlonega, Georgia, presents a unique investment opportunity. Boasting over 5,000 square feet of versatile space, the building features an open floor plan, ideal for a variety of retail or professional businesses. Recently vacated, it's in excellent condition and ready for immediate occupancy. The property includes an additional 5,000+ square feet of below-level drive-in storage, easily accessible from the main level. Ample parking is provided on the nearly 0.6-acre lot, which is entirely concreted. Situated on a highly trafficked thoroughfare, this property benefits from exceptional visibility and convenient access. The building's prime location is further enhanced by its proximity to the new Lumpkin County school (currently under construction), increasing traffic flow in the area. Enjoy easy walking distance to Dahlonega's Downtown Public Square and the University of North Georgia, thanks to convenient sidewalk and streetlight access. The property is surrounded by established businesses, including Wells Fargo Bank, Georgia Farm Bureau Insurance, Stringer Insurance Agency, Captain D's, Domino's, Chic-fil-A, Zaxby's, and Truist Bank. Utilities include city water and sewer, commercial-grade electrical service, natural gas, and high-speed internet access. This is a turnkey opportunity for a business seeking optimal location, accessibility, and visibility in a thriving downtown setting. The asking price is $1,590,000

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1976
Total area 10,134 SF
Lot 1.25 ac (54,450 SF)
Zoning code B2
APN D11 155
UPID US22-2139260
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
  • Ledbetter Robert A Pharmacy
  • Stanley R. Lewis, RPH Pharmacy
  • Master Liquidators Liquidator
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.90M
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.51M
Owner & transaction history
Jon C Stone · 1 yrs held
Jon C Stone
since 2025
6 recorded transactions
2025
$1.3M
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
$100
1969
Price N/A
Zoning & alternative use
B2 · Dahlonega, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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