0 Gainesville GeorgiaGainesville, GA 30501

Property Details for 0 Gainesville Georgia

Lot size

0.27 AC

Property size (Sq ft)

3,847 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional turnkey restaurant and bar in Gainesville, Georgia presents a unique investment opportunity. Boasting 3,847 square feet on a 0.27-acre lot, this fully renovated (2021) two-story building offers 75 indoor seats and two outdoor patios, perfect for special events. Located in downtown Gainesville at a high-traffic intersection, this property benefits from exceptional visibility and proximity to Lake Lanier (two miles), three colleges/universities, and numerous new residential and commercial developments. The current lease is NNN with 5 years remaining and options to renew for an additional 10 years, providing long-term stability. The all-inclusive monthly rent is $8,546. The property includes a 20-seat bar, a private downstairs room with a patio, and ample free parking. The fully equipped kitchen features a hood ventilation system, a 1500-gallon grease trap, a large walk-in cooler, a dedicated prep kitchen, and extensive storage. The sale includes all kitchen equipment and smallwares. 2023 sales totaled $1,475,000. The asking price is $850,000, with seller financing considered for qualified buyers. This thriving establishment offers significant potential for dine-in, takeout, delivery, catering, and special events, making it an ideal acquisition for experienced restaurateurs seeking a profitable, established business in a rapidly growing area.

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.3194

Longitude

-83.8155

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