555 Progress Center AveLawrenceville, GA 30043

  • Retail properties
  • 4,612 SF
For Sale
$2,000,000 View listing

Property Details for 555 Progress Center Ave

Year built
1998
Construction
WOOD
Lot size
2.32 AC
Property size (Sq ft)
4,612 SF
Zone code
C2-GENERAL BUSINESS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
5-208 -036
APU
5208036

Description

This exceptional 2.32-acre property at 555 Progress Center Avenue in Lawrenceville, Georgia presents a remarkable investment or business ownership opportunity. The site features a 4,612 square foot freestanding building currently operating as a Country Food Cafeteria restaurant. The expansive flat lot offers significant potential for expansion or the construction of additional buildings. The existing structure provides a solid foundation for a variety of culinary concepts, including but not limited to: sports bars, country buffets, sushi buffets, American, Chinese, Mexican, Italian, Japanese steakhouse, or Asian fusion restaurants. The property's size and location also make it suitable for event spaces, such as wedding venues. The high visibility and ample space make this a truly unique opportunity for entrepreneurs and investors seeking a high-return investment in a thriving area. The existing restaurant provides immediate income potential, while the substantial undeveloped land allows for future growth and development. This property is ideally situated in Lawrenceville, offering easy access to major transportation routes and a strong customer base. The flat terrain simplifies construction and development, minimizing potential challenges and costs. This is a rare chance to acquire a versatile property with immediate income and significant long-term potential. Serious inquiries are encouraged.

555 Progress Center Ave, Lawrenceville, Georgia

Location Insight

City
Lawrenceville
County
Gwinnett
State
Georgia
Latitude
33.9842
Longitude
-83.9655
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
$16,345
$88,800
$343,600
$432,400
-
$222,000
$859,000
$1,081,000

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