This exceptional turn-key business opportunity is located in the heart of Downtown Lawrenceville, GA, at 42 S Clayton Street. Boasting 2,960 square feet on a 0.19-acre lot, this property enjoys a prime location directly across from The Lawrenceville Lawn, the central hub for community events, concerts, and festivals. Its proximity to Gwinnett County Bicentennial Plaza and numerous retailers, restaurants, and shopping options ensures high foot traffic and visibility. The current business, Glo Beauty Bar, benefits from this strategic positioning, but the space offers significant potential for diverse uses. Imagine a thriving ice cream parlor, a unique farm-to-table market, or an expansion of the existing beauty business. The property includes a partially finished large upper-level storage area and additional square footage in the back, providing ample room for growth and customization. With significant ongoing development in the area, including a new 55+ community and co-working spaces, this property represents a rare opportunity to capitalize on Lawrenceville's vibrant growth. The asking price is $999,999. This is a truly unique opportunity to own a thriving business in a rapidly expanding downtown area. Contact us today to schedule a private showing and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$588,728
6.5%
$543,441
7%
$504,624
Comparable approach
Method
Valuation
Relative Method
$348,153
Geo Method
$348,153
Alternative Use
Use
Valuation
Industrial / Distribution
$1,051,820
Retail / Commercial
$542,911
Mixed-Use / Specialty
$543,766
Hospitality / Lodging
$402,576
Office
$543,441
Institutional / Educational
$566,294
Residential Income
$662,564
Multifamily
$779,176
Automotive / Energy
$485,395
Parking / Income-Based Land
$164,747
Restaurant / Food Service
$288,771
Healthcare / Senior Housing
$554,760
Location Insight
City
Lawrenceville
County
Gwinnett
State
Georgia
Latitude
33.9544
Longitude
-83.9885
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
additional repairs\/refurbishment will be ongoing. List of possible business possibilities available from the City of Lawrenceville or seller can supply.""""}"""
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Clayton St Lawrenceville, GA 30046
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Clayton St Lawrenceville, GA 30046
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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