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Commercial Property

4938 FIRST AVE, Sugar Hill Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$795,000
Price / SF
$36.50
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
21,780 sq ft
Year built
1997
NOI
Tenancy
Building height
Building FAR
Lot size
0.50 acres
Zoning
C5
Frontage
150 ft
Listing #
EN-2064
MLS #
10503610

GOLDEN OPPORTUNITY: Prime Commercial Lot in the Heart of Downtown Sugar Hill Seize this rare opportunity to own a highly visible commercial lot located at 4938 First Ave, Sugar Hill, GA 30518. Nestled in the vibrant core of downtown Sugar Hill, this property offers unmatched potential just a quarter of a from The Bowl at Sugar Hill-the city's premier outdoor concert venue and community gathering space. Boasting excellent road frontage and walkability, this lot is surrounded by a dynamic mix of shops, restaurants, and new developments, making it ideal for a variety of commercial uses including retail, office space, or mixed-use development. With continued growth and revitalization in the area, this location is perfectly positioned to capitalize on Sugar Hill's booming economic momentum. WHY YOU DON'T WANT PASS ON THIS OPPORTUNITY: - Prime downtown location - Steps from The Bowl, City Hall, and E Center - High visibility and traffic - Zoned for commercial use - Perfect for retail, office, or boutique development Don't miss your chance to become part of Sugar Hill's exciting future. Contact us today for more information or to schedule a viewing.

Location

GAMLS
Listed by Keller Williams Realty Atl. Partners
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10503610

Local market insights

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GWINNETT County snapshot

Gwinnett County is one of the largest and most populous counties in the Atlanta metro area, having grown substantially over recent decades from a mix of suburban expansion and significant in-migration, including a notably diverse population base spanning many ethnicities and countries of origin. Household incomes tend to be middle to upper-middle class on average, though there's considerable variation across its many distinct cities and unincorporated areas, some more affluent and some more working-class. The local economy is diversified rather than dependent on a single industry, supported by retail, logistics, healthcare, and small business activity tied to its dense residential population and proximity to Atlanta. For someone evaluating a small business purchase, this suggests a generally stable, growing customer base with steady demand, but success will likely depend heavily on the specific neighborhood, competition, and how well the business serves the area's diverse community.

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