434 High St Local d'activités 1 735 m² 100 % Loué À vendre Gainesville, GA 30501 3 461 069 € (1 994,47 €/m²)

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.**