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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.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Movie Theater
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
850’ on Highway 44

Amenities

  • Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100

Nearby Major Retailers

Pj's Coffee Of New Orleans
Publix
Ameris Bank
Truist

Property Taxes

Property Taxes

Parcel Number
056-F-00-010-0
Land Assessment
$383,760
Improvements Assessment
$172,640
Total Assessment
$556,400
  • Listing ID: 32673464

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 1050 Parkside Main, Greensboro, GA 30642

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