808 Main StGainesville, GA 30501

  • Office properties
  • 11,798 SF
For Lease
$10/SF/YR View listing

Property Details for 808 Main St

Year built
1965
Construction
STEEL FRAME
Lot size
0.48 AC
Property size (Sq ft)
11,798 SF
Zone code
L-I
Property type
Office properties
Property subtype
Office buildings
APN
01-016 -005-013
APU
1016005013

Description

This versatile Gainesville, Georgia property at 808 Main St SW offers a unique blend of office, retail, and warehouse space, totaling 12,471 square feet. Built in 1987 and fully renovated in 2019, the building sits on a 0.95-acre lot and is zoned for light industrial use. The space includes approximately 6,720 square feet of office/retail space and a 4,800 square feet warehouse area (60' x 80'), providing ample room for diverse business needs. A significant feature is the 14-foot ceiling height in the warehouse, offering excellent storage and operational flexibility. The property also boasts one loading dock and one drive-in door (10'6" x 10'), along with a 680 square foot breakroom featuring a full kitchen. Utilities are conveniently located on-site. Its prime mid-town Gainesville location offers easy access to key amenities, being only 0.9 miles from Northeast Georgia Medical Center and 2.0 miles from I-985. The Hall County property (APN: 01-00016-05-013) presents a compelling opportunity for businesses seeking a combined office, retail, and warehouse solution in a convenient and well-connected location. The multiple tenancy setup allows for flexibility in leasing arrangements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,070,492
    6.5%
    $1,911,224
    7%
    $1,774,708
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,301,318
    Geo Method
    $2,301,318
  • Alternative Use

    Use
    Valuation
    Residential
    $2,369,918
    Hospitality
    $2,170,832
    Educational
    $1,806,106
    Medical
    $1,868,221
    Retail
    $2,809,499
808 Main St, Gainesville, Georgia

Location Insight

City
Gainesville
County
Hall
State
Georgia
Latitude
34.2912
Longitude
-83.822
CBSA code
23580
CBSA name
GAINESVILLE, 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
2024
$15,181
$50,160
$479,924
$530,084
-
$125,400
$1,199,810
$1,325,210

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