Prime Investment Opportunity in 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, 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 Sqft inside the 3,060 Sqft building. Vacanct, 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 a insurnace business, brokerage, salons, plus more. The land is buildable and can be used to create a store front, 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. This property is located in a high traffic area with a 4,540 Annual Average Daily Traffic count. Minutes from North Georgia Premium Outlets.
Mls | 10395944 |
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Listing Type | For Sale |
Style | Commercial |
Subtype | Resale |
Status | Active |
Year | 1970 |
Days On Site | 50 |
Listing Provided By | UC Premier Properties | Shalena Triplett |
Sq Feet | 3,060 |
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Zoning | S-S |
Acreage | 2.35 |
State | GA |
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County | Hall |
City | Gainesville |
Zip Code | 30506 |
Listing VS Median (in 30506) | |
Price: $750,000 low | high Med: $549,995 SqFt: 3,060 low | high Med: 3,480 $ / SqFt: $245 low | high Med: $164 On Site: 50 low | high Med: 66.000000 |