1431 Riverside parkway

lawrenceville, GA

Shopping Center for Sale - $570,000


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Agent Info

NameC Paul Willis

Property Info

CIMLS #960540
Location1431 Riverside parkway
lawrenceville GA 30043
Last UpdatedJuly 22nd, 2017
TypeShopping Center
Price$570,000

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Property Description

For Sale (or Lease to own) 7500 square-foot beautiful commercial building available, currently 3000 SF finished for professional office, 2 additional 1500 SF commercial end caps PLUS upstairs living space. This outparcel has incredible visibility with plenty of parking and is a 1.5 acre corner commercial lot the building sits on 1/2 acre with adjacent acre in busy shopping center with Planet Fitness and Tires Plus (with BP across the street) Structure consists of 6000 square contiguous feet downstairs for business and 1500 square-foot finished apartment upstairs living space. Zoned C2Subject is a 6,426 sq/ft office building located in Lawrenceville. Built in 2003, the building is split in to three separate suites. The middle suite is currently occupied and being used by the owner as a chiropractic suite. The other 2 suites are currently vacant. Although there is parking in the front and rear, parking is limited. Office has excellent frontage and signage along Riverside Parkway. Along with being located in front of Planet Fitness, the subject property is also located about 500 feet from the large intersection of Riverside Parkway and Lawrenceville Suwanee Road. It is also located less than 2 miles from Hwy 316 and the large Lawrenceville Market development which

includes major retailers like Target, Home Depot, AMC 18 Theater, Hobby Lobby, Ross, Marshalls, and Petsmart. It is also just 2.5 miles from Gwinnett Medical Center's flagship Lawrenceville campus.

Subject is a 7500 sq/ft office building located in Lawrenceville. Built in 2003, the building is split in to three separate suites. The middle suite is currently occupied and being used by the owner as a chiropractic suite. The other 2 suites are currently vacant. Although there is parking in the front and rear, parking is not limited because of cross easement parking agreement with the large shopping center parking lot . Office has excellent frontage and signage along Riverside Parkway and Lawrenceville Suwanee Road Along with being located in front of Planet Fitness, the subject property is also located about 500 feet from the large intersection of Riverside Parkway and Lawrenceville Suwanee Road. It is also located less than 2 miles from Hwy 316 and the large Lawrenceville Market development which includes major retailers like Target, Home Depot, AMC 18 Theater, Hobby Lobby, Ross, Marshalls, and Petsmart. It is also just 2.5 miles from Gwinnett Medical Center's flagship Lawrenceville campus.

Recent Active Listing Comps and Sales Comps available upon request.

Comparable Active Comps

Address

Sq/ft

Price

Price/sq/ft

4168 Abbotts Bridge Rd, Duluth, GA 30097

6,400

$975,000

$152.34

430 W Pike St, Lawrenceville, GA 30046

4,601

$575,125

$125.00

4271 S Lee St, Buford, GA 30518

9,702

$1,400,000

$144.30

Address

Sold

Sq/ft

Price

Price/sq/ft

223 Scenic Hwy, Lawrenceville, GA 30046

9/30/16

4,050

$315,000

$77.77

290 Constitution Rd, Lawrenceville, GA 30046

7/19/16

4,050

$295,000

$72.83

268 W Main St, Buford, GA 30518

6/22/16

5,148

$450,000

$87.41


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