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

Prime Redevelopment Opportunity | Entrance to Lawrenceville Entertainment District Positioned at the gateway to Lawrenceville’s Entertainment District, this 0.71± acre commercial property offers a highly visible and strategic location directly across from a newly opened senior living community, providing strong daily traffic and built-in demand drivers. The site is improved with an approximately 7,000± square foot building, currently configured as a 50/50 office and warehouse. While the existing improvements support continued use, the property presents a compelling redevelopment opportunity where a higher and more impactful use may be realized. The location, frontage, and surrounding investment activity support repositioning consistent with the area’s ongoing growth and revitalization. Additionally, the property offers the potential for assemblage, increasing the total land area to approximately 1.18± acres, further enhancing development flexibility and scale. Potential uses include, but are not limited to, a brewery or taproom, antique or specialty retail, creative commercial concepts, or mixed-use development, subject to zoning and municipal approvals. This offering represents a rare opportunity to secure a well-located asset at a key entry point to one of Gwinnett County’s most dynamic and evolving districts.

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 Notice.