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- LoopNet Team
1113 Riverside Ter
Gainesville, GA 30501
Land For Sale
·
0.25 AC
INVESTMENT HIGHLIGHTS
- R-II zoning for multifamily redevelopment
- New survey to be provided by seller
- Assemblage potential - Combine with 1112 Alpine St NE (also for sale) to expand development
- Connected to public sewer, as verified by the City of Gainesville
- Two new townhomes currently under construction next door
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 0.25 AC |
| Zoning | R-ll - R-II (supports multifamily/residential redevelopment) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.25 AC |
| Zoning | R-ll - R-II (supports multifamily/residential redevelopment) |
DESCRIPTION
units, condos, or apartments. Currently improved with a 2-bedroom, 1-bath home built in 1953, the structure is not suitable for occupancy and is being sold as-is for redevelopment purposes. Property Highlights R-II Zoning - Multifamily, townhomes, condos, or redevelopment permitted 0.27-acre lot | Sewer connection verified by the City of Gainesville Seller to provide a new survey Two new townhomes under construction next door Assemblage potential - Combine with 1112 Alpine St NE (also for sale) to expand development Location Advantages Just minutes from Downtown Gainesville, Northeast Georgia Medical Center, Brenau University, schools, shopping, and Lake Lanier - all major drivers of housing demand. This property offers an exceptional opportunity for investors, builders, and developers seeking infill projects and growth potential in one of Gainesville's most active redevelopment corridors. Please note: The conceptual plan applies to 1113 Riverside Ter and 1112 Alpine St. Only three townhomes may be built on 1113 Riverside Ter.
