2318 Old Cornelia Highway

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2318 Old Cornelia Highway

Gainesville, GA 30507
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront facility comprising 5,000 square feet of space.
  • Property situated at 2318 Old Cornelia Highway in Gainesville.
  • Located within a growing commercial submarket in North Georgia.
  • Flexible layout suitable for professional services or neighborhood retail.
  • Accessible location positioned to serve the expanding regional population.

What's Special

Spanning 5,000 square feet, this retail storefront at 2318 Old Cornelia Highway in Gainesville, Georgia, presents a versatile space for local business operations. The property sits within a growing market in the North Georgia region, benefiting from the steady economic development and regional connectivity characterizing the greater Gainesville area. As a standalone storefront, the asset is suited for diverse commercial applications, including boutique retail, professional services, or neighborhood-focused consumer outlets. Local infrastructure supports accessibility for both residents and commuters moving through this corridor. Gainesville maintains a robust commercial climate, serving as a hub for employment and regional services. This facility provides a practical footprint for investors or owner-occupants seeking to establish or expand a presence in this expanding suburban submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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