511 Main Street SW
Gainesville, GA, 30501 $ 1,875,000
Bedrooms-- Baths-- Sq 6,443 Monthly Estimate*
$ 11,698
for $1,875,000. This 6,443 square foot building was built in 1974 on a lot size of 0.3.
* Purchase Price: $1,875,000 Lease Price: $26 PSF + NNN * TAD Funds: $188,511.22 13-yr Credit Remaining *As of 10/9/2025 * Total BuildingArea: 6,443 SF Total Acreage: 0.30 AC o 511 Main: 4,670 SF Retail Floor: 2,724 SF Office/Bathrooms: 476 SF Kitchen: 1,032 SF Storage: 438SF o 509 Main: 1,773 SF (Warehouse) * Current Zoning: G-B (General Business) | City Limits * Road Frontage: 130 ft * Road Traffic: o Main St:3,890 VPD o Jesse Jewell Pkwy: 42,800 VPD o E.E. Butler Pkwy: 29,400 VPD o College Ave: 4,020 VPD PROPERTY OVERVIEW Exceptional opportunity in the heart of bustling downtown Gainesville. This two-building property spans approximately 0.30 acres and offers a combined6,443 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.
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Commercial ActiveCommercial,Mixed Use,Office,Retail,Warehouse
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available High Speed Internet Phone Available Sewer Available Water Available
Construction Materials Brick
Year Built 1974
Property Subtype Commercial Mixed Use Office Retail Warehouse
Tax Year 24
County Hall
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Head northeast on I-985 N. Take exit 20 for GA-60/GA-53towards Candler Rd/Gainesville. Use any lane to turn left onto GA-365 BUS/GA-60 N/Queen City Pkwy. Turn right onto Banks St. Turn left onto Main
City Gainesville
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 13068
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1832.94
Home Warranty Y/N N
Property Condition Resale
Structure Type Mixed Use Office Other Retail Warehouse
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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ExteriorParking Features Paved Parking Lot
Lot Features City Lot Interior Lot
Water Source Public
Lot Size Area 13068
Spa N
Building Area Total 6443
Lot Size Acres 0.3
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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InteriorAir Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded FeaturesList ByNorton Commercial Acreage GroupBroker
slovett@nortoncommercial.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,698
- Monthly Property Taxes
- $153
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Gainesville, GA
Average List Price $1,124,598
Percent of Sale Price 40%
About Gainesville, GA 40,554 Population
23% Since 2002
$ 42,535 Median Income
32.19 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4136269 Elementary School
4136505 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/21/2025 | $1,875,000 | | Listed Price |