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Under contract

$900,000

Price cut $300,000

Est. monthly cost

$5,429/mo

577/583 Shallowford Road NW, Gainesville, GA 30504

Listing by Virtual Properties Realty.Net

Beds
—
Baths
—
Sq ft
2,836
Lot
1.36 acres

About this property

PACKAGE DEAL OPPORTUNITY!! Excellent commercial opportunity on highly traveled Shallowford Road! This 2,836 SF freestanding retail building sits on a 5,663 SF lot zoned Highway Business (HB) - allowing for a variety of commercial uses including retail, office, and service-based businesses. Located near several national retailers and restaurants, the property offers strong visibility, easy access, and steady traffic flow - making it ideal for an owner-user or investor. Don't miss this versatile property with both income and development upside in one of the area's most desirable commercial corridors. This property is being sold as a package deal with 577 Shallowford Rd and also 4 single family homes included. All parcels are zoned Highway Business (HB).

Type
Commercial
Year built
1970
Price per sq ft
$317
Garage
—
Property tax (2024)
$6,552/yr
Listed
—
MLS #
10872419

Features

Heating

Central

Cooling

Central Air

Lot

City Lot

Property details

Exterior and lot

Lot size:
1.36 acres
Other structures:
Billboard
Road frontage:
Highway
Road surface:
Paved

Construction

Construction materials:
Other
Property condition:
Resale

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Other

Parking

Parking features:
Paved, Parking Lot

Taxes and financial

Annual tax amount:
$6,552 (2024)
Listing terms:
Other

Monthly cost

Estimated monthly cost

$5,429/mo

Principal & interest
$4,433
Property taxes
$546
Home insurance
$450

$180,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 29, 2026Status: Under contract$900,000
Oct 28, 2026Price decreased$900,000−25.0%
Oct 14, 2026Listed for sale$1,200,000

Location

Listing information

Listing office:
Virtual Properties Realty.Net
Listing ID:
10872419
Status:
Under contract

Source: Georgia MLS · Updated 9m ago · Nov 14, 2026, 3:45 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 14, 2026, 3:45 AM ET

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