Property profile

755 Main SW St Gainesville, GA 30501

OFF-MARKET
Auto shops
Property ID
US22-1057827
3,000 SF 0.31 ac lot Built 1963
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,200 square foot single-tenant property at 755 Main Street SW in Gainesville, Georgia, presents a unique investment opportunity. Located in the vibrant Midtown area, this building offers versatile space suitable for a variety of uses, including retail, office, or restaurant operations. The property features a creative office subtype, ideal for businesses seeking a modern and inspiring workspace. The building is a single-story structure situated on a 0.31-acre lot and includes ample on-site parking for approximately 20 vehicles. Two convenient drive-in bays enhance accessibility and operational efficiency. The entire 4,200 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's prime location in Midtown Gainesville offers excellent visibility and proximity to approximately 800 apartment units, ensuring a strong potential customer base. This is a rare chance to secure a well-positioned property in a thriving downtown area. The property's versatility and convenient amenities make it an attractive option for businesses seeking a high-profile location with ample space and parking. Don't miss this opportunity to establish your business in a dynamic and growing community. The zip code is 30501.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1963
Construction STEEL FRAME
Total area 3,000 SF
Lot 0.31 ac (13,504 SF)
Zoning code L-I
APN 01-016 -003-001
UPID US22-1057827

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

755 Main SW St Gainesville, GA 30501-4421
Gainesville metro Census 1101 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
2 recorded transactions
2024
$700,000
2004
$175,000

Zoning & alternative use

L-I · Gainesville, GA
Zoning description

(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community…

General category INDUSTRIAL
Top alternative use upside
Medical building $640,000 +12.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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