1050 Parkside Main - Movie Theatre FOR SALE


Greensboro, GA 30642
$4,990,000 USD
706-816-1112
1050 Parkside Main, Greensboro, GA for Sale
$4,990,000 USD
Movie Theatre - FOR SALE
1/48
null | Request Cap Rate

1050 Parkside Main
Greensboro, GA 30642


HIGHLIGHTS

  • ±50,000 SF landmark asset on 4.31 acres in the heart of Lake Oconee Village
  • Prime location adjacent to Publix in a rapidly growing market
  • Flexible mixed-use zoning allows for retail, office, medical, entertainment, or redevelopment
  • Dramatic 36’ ceilings with floor-to-ceiling glass and prominent courtyard frontage
  • Existing infrastructure includes commercial kitchen, bar, elevator, and multi-level layout
  • Ideal for adaptive reuse, multi-tenant conversion, or destination-oriented redevelopment

OVERVIEW

Unlock a Signature Opportunity in the Heart of Lake Oconee Positioned in the center of the thriving Lake Oconee Village next to Publix, this ±50,000 SF landmark property offers a rare chance to acquire one of the most prominent and adaptable commercial assets in the market. Situated on 4.31 acres within a high-growth corridor, the property is ideally suited for a wide range of uses including entertainment, hospitality, retail, office, medical, fitness, or mixed-use redevelopment. Originally designed as a cinema, the building’s scale, infrastructure, and layout create a unique foundation for transformation. The dramatic main-level entrance showcases 36-foot ceilings and expansive floor-to-ceiling glass overlooking the Parkside Main courtyard—delivering an immediate “wow factor” ideal for destination concepts, flagship users, or experiential environments. The existing layout includes a large commercial kitchen, multiple expansive open areas, tiered spaces, and built-in vertical connectivity via elevator, open staircases, and service access—allowing for efficient reconfiguration or adaptive reuse. The upper level features a full-service bar area, private rooms, and flexible gathering spaces that can easily transition into event venues, coworking, wellness, or hospitality-driven concepts. With mixed-use zoning already in place, investors and users have the flexibility to reimagine the asset into a multi-tenant environment, a single-tenant flagship, or a dynamic live/work/play destination. The surrounding Lake Oconee market continues to experience strong residential and commercial growth, making this a strategic long-term investment in one of Georgia’s most desirable lake communities. Whether repositioned, redeveloped, or reimagined—this is a one-of-a-kind opportunity to create a defining destination in Lake Oconee.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Parkside Main Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

ADD'L SUBTYPES

Storefront Retail/Office, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,836 SF

ZONING

CPUD

APN/PARCEL ID

056-F-00-010-0

ASK ABOUT THIS PROPERTY

Ashley GoodroeeXp CommercialMore Info
706-816-1112

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Ashley GoodroeeXp CommercialMore Info
706-816-1112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.