117 Buford Dr - Freestanding FOR SALE


Lawrenceville, GA 30046- Downtown Lawrenceville
$2,850,000 USD
770-366-7719
117 Buford Dr, Lawrenceville, GA for Sale
$2,850,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

117 Buford Dr
Lawrenceville, GA 30046
Downtown Lawrenceville


OVERVIEW

Strategically positioned at the entrance to Lawrenceville’s entertainment district, this 0.71-acre corner property offers exceptional visibility and high traffic counts with frontage on Buford Drive and Chestnut Street. Comprised of two parcels and zoned for mixed-use, the site supports a range of development options including retail, office, residential, and hospitality. Approximately 50% of the existing building is configured for office use, with the remainder adaptable for various commercial purposes. The site also presents the unique potential for a distillery, aligning with the area's entertainment-focused growth. The vacant lot included in the offering allows for future expansion, and a leaseback option from the current owner provides immediate income potential. Additionally, there is an opportunity to assemble an adjacent parcel fronting Pike Street, expanding the total site size to approximately 1.18 acres. As Lawrenceville continues to see significant development and economic momentum, this site offers strong long-term investment value and a rare opportunity to establish a landmark project at a gateway location.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$407 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

117 Buford Dr. and 203 Chestnut St.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C1 - Central Business Dis

APN/PARCEL ID

5-146B-090

ASK ABOUT THIS PROPERTY

Kathryn UmsteadKW Commercial Atlanta PartnersMore Info
770-366-7719

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Kathryn UmsteadKW Commercial Atlanta PartnersMore Info
770-366-7719

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