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Parkside Main Development Opportunity 1050 Parkside Main 46,800 SF Retail Building Greensboro, GA 30642 $4,990,000 ($106.62/SF)



Investment Highlights
- ±50,000 SF landmark asset on 4.31 acres in the heart of Lake Oconee Village
- Flexible mixed-use zoning allows for retail, office, medical, entertainment, or redevelopment
- Existing infrastructure includes commercial kitchen, bar, elevator, and multi-level layout
- Prime location adjacent to Publix in a rapidly growing market
- Dramatic 36’ ceilings with floor-to-ceiling glass and prominent courtyard frontage
- Ideal for adaptive reuse, multi-tenant conversion, or destination-oriented redevelopment
Executive Summary
Unlock a Signature Opportunity in the Heart of Lake Oconee
Positioned in the center of the thriving Lake Oconee Village next to Publix, this ±50,000 SF landmark property offers a rare chance to acquire one of the most prominent and adaptable commercial assets in the market. Situated on 4.31 acres within a high-growth corridor, the property is ideally suited for a wide range of uses including entertainment, hospitality, retail, office, medical, fitness, or mixed-use redevelopment.
Originally designed as a cinema, the building’s scale, infrastructure, and layout create a unique foundation for transformation. The dramatic main-level entrance showcases 36-foot ceilings and expansive floor-to-ceiling glass overlooking the Parkside Main courtyard—delivering an immediate “wow factor” ideal for destination concepts, flagship users, or experiential environments.
The existing layout includes a large commercial kitchen, multiple expansive open areas, tiered spaces, and built-in vertical connectivity via elevator, open staircases, and service access—allowing for efficient reconfiguration or adaptive reuse. The upper level features a full-service bar area, private rooms, and flexible gathering spaces that can easily transition into event venues, coworking, wellness, or hospitality-driven concepts.
With mixed-use zoning already in place, investors and users have the flexibility to reimagine the asset into a multi-tenant environment, a single-tenant flagship, or a dynamic live/work/play destination. The surrounding Lake Oconee market continues to experience strong residential and commercial growth, making this a strategic long-term investment in one of Georgia’s most desirable lake communities.
Whether repositioned, redeveloped, or reimagined—this is a one-of-a-kind opportunity to create a defining destination in Lake Oconee.
Positioned in the center of the thriving Lake Oconee Village next to Publix, this ±50,000 SF landmark property offers a rare chance to acquire one of the most prominent and adaptable commercial assets in the market. Situated on 4.31 acres within a high-growth corridor, the property is ideally suited for a wide range of uses including entertainment, hospitality, retail, office, medical, fitness, or mixed-use redevelopment.
Originally designed as a cinema, the building’s scale, infrastructure, and layout create a unique foundation for transformation. The dramatic main-level entrance showcases 36-foot ceilings and expansive floor-to-ceiling glass overlooking the Parkside Main courtyard—delivering an immediate “wow factor” ideal for destination concepts, flagship users, or experiential environments.
The existing layout includes a large commercial kitchen, multiple expansive open areas, tiered spaces, and built-in vertical connectivity via elevator, open staircases, and service access—allowing for efficient reconfiguration or adaptive reuse. The upper level features a full-service bar area, private rooms, and flexible gathering spaces that can easily transition into event venues, coworking, wellness, or hospitality-driven concepts.
With mixed-use zoning already in place, investors and users have the flexibility to reimagine the asset into a multi-tenant environment, a single-tenant flagship, or a dynamic live/work/play destination. The surrounding Lake Oconee market continues to experience strong residential and commercial growth, making this a strategic long-term investment in one of Georgia’s most desirable lake communities.
Whether repositioned, redeveloped, or reimagined—this is a one-of-a-kind opportunity to create a defining destination in Lake Oconee.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
46,800 SF
Building Class
B
Year Built
2008
Price
$4,990,000
Price Per SF
$106.62
Building Height
1 Story
Building FAR
0.25
Lot Size
4.38 AC
Zoning
CPUD - Mixed-Use Zoning. Commercial Planned Unit Development
Frontage
Amenities
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-F-00-010-0 | Improvements Assessment | $172,640 |
| Land Assessment | $383,760 | Total Assessment | $556,400 |
Property Taxes
Parcel Number
056-F-00-010-0
Land Assessment
$383,760
Improvements Assessment
$172,640
Total Assessment
$556,400
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Parkside Main Development Opportunity | 1050 Parkside Main
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