511 Main St SW - Retail FOR SALE


Gainesville, GA 30501- Downtown Gainesville
$1,875,000 USD
770-297-4807
511 Main St SW, Gainesville, GA for Sale
$1,875,000 USD
Retail - FOR SALE
1/17
null | Request Cap Rate

511 Main St SW
Gainesville, GA 30501
Downtown Gainesville


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Proximity to Downtown Gainesville
  • Visibility

OVERVIEW

PROPERTY OVERVIEW Exceptional opportunity in the heart of bustling downtown Gainesville. This two-building property spans approximately 0.30± acres and offers a combined 6,443± square feet of functional and flexible space. The buildings have been newly renovated and equipped for restaurant operations, making this an ideal choice for an owner-operator, investor, or hospitality, office or other general retail concept seeking a prime location surrounded by downtown growth and redevelopment. LOCATION OVERVIEW Located in the bustling core of Downtown Gainesville, 509 & 511 Main Street sit in a highly visible and walkable area surrounded by steady foot and vehicle traffic. The properties are steps from Gainesville’s most popular restaurants, coffee shops, boutiques, and entertainment venues, offering unmatched accessibility for both locals and visitors. With nearby public parking and easy access to Jesse Jewell Parkway and E.E. Butler Parkway, this central location is ideal for retail, restaurant, office, or investment use in one of North Georgia’s most dynamic downtown districts. Purchase Price: Inquire Lease Price: $26 PSF + NNN TAD Funds: $188,511.22 13-yr Credit Remaining *As of 10/9/2025 Total Acreage: 0.30 ± AC Total Building Area: 6,443 ± SF 511 Main: 4,670 ± SF Retail Floor: 2,724 ± SF Office/Bathrooms: 476 ± SF Kitchen: 1,032 ± SF Storage: 438 ± SF 509 Main: 1,773 ± SF (Warehouse) Current Zoning: G-B (General Business) | City Limits Road Frontage: 130 ft on Main St Road Traffic: Main St: 3,890 VPD Jesse Jewell Pkwy: 42,800 VPD E.E. Butler Pkwy: 29,400 VPD College Ave: 4,020 VPD

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grubs Market

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

G-B

APN/PARCEL ID

01-0110-01-002,01-0110-01-003

ASK ABOUT THIS PROPERTY

Stephen LovettNorton Commercial Acreage Group, LLCMore Info
770-297-4807

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Stephen LovettNorton Commercial Acreage Group, LLCMore Info
770-297-4807

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