Exceptional value-add development or owner-user opportunity in the heart of Historic Lawrenceville Square. This two-story, 3,765 SF building sits on 0.06 acres, offering significant flexibility for retail and office use. The property includes an approximate 20' x 30' back area for expansion and the ability to incorporate three additional private parking spaces into the build-out. This unique expansion potential allows investors to stabilize the property at premier historic core triple-net lease rates, while owner-users can create a flagship storefront on the ground floor paired with a Class A office suite or upscale loft above. The first floor is a stripped shell with plumbing in place, ready for customization, while the second floor is currently occupied by a month-to-month office tenant. A 1,500-gallon grease trap is on-site (inspection required), supporting future restaurant or food service concepts. The property backs up to a large, free City parking lot and offers unmatched walkability to vibrant downtown amenities. Historic Lawrenceville continues to experience robust growth and redevelopment, anchored by major public and private investments, including the 120-room Hilton Tapestry Hotel with its 3,000 SF convention center, the Lawrenceville Performing Arts Center, community event spaces at the Lawrenceville Lawn, Gwinnett Justice and Administration Center, Georgia Gwinnett College and Briscoe Field Airport. These drivers generate significant pedestrian traffic and position 195 Perry Street as a premier choice for retail, dining, or professional office tenants.