1702 Park Hill Dr - Restaurant FOR SALE


Gainesville, GA 30501
$995,000 USD
404-345-4916
1702 Park Hill Dr, Gainesville, GA for Sale
$995,000 USD
Restaurant - FOR SALE
1/199
null | 12% Cap Rate

1702 Park Hill Dr
Gainesville, GA 30501


HIGHLIGHTS

  • Located on Park Hill Drive with 226 feet of visible frontage enhancing business exposure.
  • Renovated restaurant building with two-story layout and HVAC included.
  • 78 on-site parking spaces provide convenient access for customers and staff.
  • Easily accessible to I-985 and major transportation routes for regional connectivity.
  • Positioned near downtown Gainesville within a thriving retail and service corridor.
  • Zoning supports ongoing or future restaurant operations under HB guidelines.

OVERVIEW

This freestanding restaurant property at 1702 Park Hill Drive presents a rare acquisition opportunity in the heart of Gainesville’s dynamic commercial district. Spanning 7,358 square feet on a 0.95-acre parcel, the asset offers an upgraded two-story design with on-site parking for approximately 78 vehicles, accommodating heavy guest traffic and operational ease. Constructed in 1975 and renovated in 2006, the building is well-equipped for immediate occupancy by a single operator or as an investment for repositioning. High visibility along Park Hill Drive with 226 feet of frontage ensures strong exposure, while HB zoning provides flexibility for continued restaurant or related retail use. Located just minutes from downtown Gainesville and within close proximity to I-985 and US-23, the property provides excellent regional connectivity. The surrounding area features medical campuses, educational facilities, and dense residential neighborhoods, creating a stable customer base and consistent demand for dining concepts.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

HB

APN/PARCEL ID

01-00084-07-001C

ASK ABOUT THIS PROPERTY

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404-345-4916

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404-345-4916

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