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Grubs Market 511 Main St SW 6,443 SF Retail Building Gainesville, GA 30501 $2,617,350 CAD ($406.23 CAD/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,443 SF
Building Class
C
Year Built/Renovated
1974/2022
Price
$2,617,350 CAD
Price Per SF
$406.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
G-B - General Business
Parking
20 Spaces (3.1 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Grubs Market
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Grubs Market - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,225 SF
  • Office/Retail
  • -
  • Now

Space Available is 6,443 SF

Space Size Space Use Position Available
1st Floor 6,225 SF Office/Retail - Now

1st Floor

Size
6,225 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 6,225 SF
Space Use Office/Retail
Position -
Available Now

Space Available is 6,443 SF

Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Wild Wing Cafe
IHOP
Truist
Bank of America
Regions Bank
Cook Out
Ameris Bank
Krystal
Crunch Fitness
Golden Corral
  • Listing ID: 38262485

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 511 Main St SW, Gainesville, GA 30501

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