755 Main StGainesville, GA 30501

Property Details for 755 Main St

Year built

1963

Construction

STEEL FRAME

Lot size

0.31 AC

Property size (Sq ft)

3,000 SF

Zone code

L-I

Property type

Retail properties

Property subtype

Auto shops

APN

01-016 -003-001

APU

1016003001

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $773,934

  6.5%

  $714,400

  7%

  $663,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,474,654

  Geo Method

  $1,474,654

• Alternative Use

  Use

  Valuation

  Residential

  $602,624

  Hospitality

  $552,000

  Educational

  $459,257

  Medical

  $475,052

  Retail

  $714,400

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.2925

Longitude

-83.8221

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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