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5646 Price Rd

3,060 SF 100% Leased Retail Building Gainesville, GA 30506 £591,750 (£193/SF)

Investment Highlights

  • Stable Income-Two reliable tenants who wish to stay long-term.
  • Prime location off a main highway, with close proximity to Lake Lanier, a popular destination for recreation, ensuring consistent foot traffic
  • Growth Potential- The vacant residential space presents an additional income stream.

Executive Summary

Prime Investment Opportunity in a High-Growth Area Near Lake Lanier!
This rare 2.35-acre property offers an incredible blend of commercial and residential potential, making it an investor's dream! Positioned just off a major highway near the scenic Lake Lanier, this high-traffic area offers excellent visibility and accessibility. 2 Income-Generating Tenants in Place long-term who want to stay, ensuring immediate cash flow! Rental Income-$4,500/month ($54k annually)
Residential Potential or Commercial potential :3 Bed, 3 Bath Residentia/Commercial Space:** 1,400 Sq Ft inside the 3,060 Sq Ft building. Vacancy, with an estimated rental income of $2,000/month or more. This is an opportunity to boost income even further! This Vacant space can be used for an insurance business, brokerage, salons, plus more. The land is buildable and can be used to create a storefront, or even add an additional shopping plaza, limitless possibilities!
Investors, this property is a rare find with both commercial and residential value! Seize this opportunity to expand your portfolio with a stable income-producing asset in a high-demand location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,060 SF
Building Class
B
Year Built
1970
Price
£591,750
Price Per SF
£193
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.08
Land Acres
0.93 AC
Zoning
S-S - Suburban Shopping District
Parking
11 Spaces (3.59 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
  • Listing ID: 33510971

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: 5646 Price Rd, Gainesville, GA 30506

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