42 Clayton StLawrenceville, GA 30046

  • Commercial real estate
  • 2,960 SF
For Sale
$999,999 View listing

Property Details for 42 Clayton St

Year built
2001
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
2,960 SF
Zone code
BG-GENERAL BUSINESS
Property type
Commercial real estate
APN
5-146D-082
APU
5146D082

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,354
$49,520
$117,280
$166,800
-
$123,800
$293,200
$417,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message