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Investment Highlights

  • 10-15 Minute walk to Downtown Gainesville
  • Completely Renovated in 2023
  • Adjacent to Highlands to Islands Trail

Executive Summary

PROPERTY OVERVIEW
Norton Commercial is proud to present this income-producing real estate opportunity totaling approximately ±18,679 square feet on ±1.07 acres. The property is occupied by an established brewery and restaurant tenant, providing a stabilized income stream. Originally constructed in 1950 and completely renovated in 2023, the improvements include a ±15,379 square foot brewery space, ±3,300 square foot restaurant, and a ±4,514 square foot outdoor patio designed to support high-volume customer engagement. The site provides ample parking and benefits from multiple points of access, making it well-positioned to accommodate consistent daily traffic and patron flow. With recent capital improvements and a proven operating tenant in place, the property presents a stabilized investment opportunity within a growing North Georgia market.
LOCATION OVERVIEW
Located on the edge of Downtown Gainesville, 434 & 432 SW High Street offer a highly visible and accessible setting with convenient proximity to the area’s dining, retail, and entertainment options. Positioned roughly a 10-15-minute walk from the heart of downtown and directly adjacent to the Midland Greenway, the property benefits from consistent foot and bike traffic while maintaining a slightly more relaxed setting. With easy access to Queen City Parkway and E.E. Butler Parkway, this location is well-suited for retail, office, or investment use in one of North Georgia’s most active and evolving markets.
OFFERING SUMMARY
**Real estate for sale only. Property occupied by tenants under long-term leases.**
Income Producing Asset
Asking Price: $3,950,000
Vendetti’s Pizza • Pasta • Grill
NoFo Brew Co
Year Built | Year Renovated | Zoning
1950 | 2023 | H-I (Gainesville City)
Total Acreage: ±1.07 AC
Total Building SF: ±18,679
• NoFo SF: ±15,379
• Vendetti’s Restaurant SF: ±3,300
• Outdoor Patio SF: ±4,514
TAD Funds: ±$92,500 per year
Runs through 12/31/2035
Traffic Counts:
• Queen City Pkwy: 19,000 VPD
• MLK Jr Blvd: 4,370 VPD
• Bradford St: 1,280 VPD
Road Frontage: ±223’ on High St
**A signed Non-Disclosure Agreement (NDA) is required prior to the release of financial information.**

Property Facts

Price $5,370,025 CAD
Price Per SF $287.49 CAD
Sale Type Investment
Property Type
Flex
  • General Retail Restaurant
Building Class C
Lot Size 1.07 AC
Rentable Building Area 18,679 SF
No. Stories 1
Year Built/Renovated 1950/2023
Opportunity Zone Yes
Zoning H-I - Heavy Industrial

Amenities

  • Restaurant
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • NoFo Brew Co
  • -
  • -
  • -
  • -
  • Vendetti's
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
NoFo Brew Co - - - -
Vendetti's - - - -
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-00017-01-004
Land Assessment
$242,331 CAD
Improvements Assessment
$865,000 CAD
Total Assessment
$1,107,331 CAD
  • Listing ID: 40329589

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 434 High St, Gainesville, GA 30501

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