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2318 Old Cornelia Hwy 5,000 SF Retail Building Gainesville, GA 30507 $3,200,910 CAD ($640.18 CAD/SF) 12% Cap Rate



Investment Highlights
- High-visibility location on Old Cornelia Highway with strong daily traffic counts
- Strong demographic base supporting consistent liquor and beverage sales
- Ample parking for quick in-and-out customer visits
Executive Summary
Profitable Liquor Store with Real Estate - Growth Trend! Strong, consistent sales growth (month & year over year). Large warehouse space for bulk purchasing. Grandfathered alcohol license. Business & real estate included. Inventory separate. Contact for financials.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,000 SF
Building Class
C
Year Built
2002
Price
$3,200,910 CAD
Price Per SF
$640.18 CAD
Cap Rate
12%
NOI
$384,109 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.74 AC
Zoning
G-B, General Business - G-B, General Business
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
130’ on Old Cornelia Highway
Amenities
- Corner Lot
- Dedicated Turn Lane
- Security System
- Signage
- Drive Thru
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-0033B-00-037 | Improvements Assessment | $208,416 CAD |
| Land Assessment | $122,473 CAD | Total Assessment | $330,889 CAD |
Property Taxes
Parcel Number
15-0033B-00-037
Land Assessment
$122,473 CAD
Improvements Assessment
$208,416 CAD
Total Assessment
$330,889 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
King Island Capital Partners LLC
2318 Old Cornelia Hwy
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