820 Park Street, Gainesville, GA 30501

$975,000

$1,875,000 per acre · 0.52 acres (from listing data)

MLS# 7834072 · Listing Courtesy Of: Resource Brokers, LLC.
Listing Contact: 770-540-7881

Facts

Multi FamilyLand type

0.52 acresLot size

$1,875,000Price per acre

R-IIZoning

Multi-Family, VacantCurrent use

Multi-FamilyPossible use

Electricity Available, Sewer Available, Water AvailableUtilities

Cleared, LevelLot features

AsphaltRoad surface

NONESubdivision

17Days on market

$619 (2025)Annual taxes

About this land

DOWNTOWN GAINESVILLE MULTIFAMILY DEVELOPMENT OPPORTUNITY! Prime development site within walking distance of Brenau University, Northeast Georgia Medical Center, and the Gainesville Square. Currently zoned for 6 multifamily units, with potential to pursue a rezoning to Residential for up to 9 units, subject to City approval. The property was previously developed with townhomes and already has water and power infrastructure in place, offering a valuable advantage for redevelopment. Exceptional location near downtown dining, shopping, entertainment, major employers, medical facilities, and the University. Ideal opportunity for builders, developers, and investors looking for a multifamily project in the heart of Gainesville. Buyer to verify zoning, utility availability, unit count, rezoning potential, and all applicable development requirements.