104 Main StGainesville, GA 30501

Property Details for 104 Main St

Year built

1900

Lot size

0.18 AC

Property size (Sq ft)

14,450 SF

Zone code

C-B

Property type

Retail properties

Property subtype

Retail space

APN

01-005 -006-004

APU

1005006004

Description

This exceptional 16,000 square foot restaurant space is ideally situated in the heart of Downtown Gainesville Square at 104 Main St SW, Gainesville, GA 30501. The property boasts a prominent location within Hall County, offering unparalleled visibility and accessibility to a thriving customer base. The single-tenant occupancy presents a unique opportunity for a restaurant operator seeking a substantial footprint in a high-traffic area. The expansive lot size of 0.184 acres provides ample space for outdoor seating or potential expansion. A significant advantage is the availability of 1040 parking spaces, ensuring convenient access for patrons and staff. This turnkey restaurant space is ready for immediate occupancy, presenting a rare chance to establish or relocate a successful culinary venture in a prime Gainesville location. The property's size and parking capacity make it suitable for a wide range of restaurant concepts, from casual dining to upscale establishments. The address, 104 Main St SW, places the business within easy reach of both residential and commercial areas, maximizing potential customer traffic. This is a truly remarkable opportunity to secure a highly desirable restaurant space in a vibrant and growing community. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $3,727,781

  6.5%

  $3,441,029

  7%

  $3,195,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,102,915

  Geo Method

  $7,102,915

• Alternative Use

  Use

  Valuation

  Residential

  $2,902,636

  Hospitality

  $2,658,800

  Educational

  $2,212,090

  Medical

  $2,288,167

  Retail

  $3,441,029

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.299

Longitude

-83.8277

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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