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22507012
22507029

2057 Grayson Hwy, Grayson, GA 30017

RH
338643
HSI Commercial
Listed by HSI Commercial
$1,695,492
468 days on market
Updated 15 days ago

Grayson 2-Building Property For Sale-Fully Leased

Details
APN 5136 028
Property Type Office, Retail (+1)
Sub Type School, Storefront (+1)
Square Footage 6,264
Net Rentable (SqFt) 6,264
Units 2
Cap Rate 7.25%
Occupancy 100%
Tenancy Multi
Brand/Tenant Gwinnett School of Music
Lease Type NNN
Lease Term 5
Lease Expiration 05/31/2028
Remaining Term 2
Rent Bumps Yes
Lease Options 1
Price per SqFt $271
Class A
Year Built 1890 & 2018
Year Renovated Several times
Buildings 2
Stories 2
Acreage 0.790
Zoning Oi
Parking Spaces 35 spaces
Parking per 1,000 SqFt 5.59
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2023
Occupancy Date 06/01/2001

Retail/Event Center /School - INVESTMENT --6,264 SF -2 Buildings

Marketing description

Two Tenant, Two Building Investment Property- 7.25% Cap Rate

Highlights:

NNN leases with Gwinnett School of Music and Gwinnett School of Dance Tenants/Buildings, long-time established, solid Grayson businesses.

Front Building: 2,513/sf Victorian Landmark Building (The McConnell House, circa 1890), home to Gwinnett School of Music, a 25 year tenant. Purchased by Ensemble Performing Arts, a Nat’l Tenant and Guarantor, and the largest Music and Dance School in the US with 130 locations. This is their busiest Music School in GA. 2+ yrs left on the 1st term and a 5 yr. option remaining.

3,751/sf Rear Building, home to Gwinnett Dance School, 8 yr. Tenant. Built in 2018 for the Dance School/as an Event Center. Rustic, refined interior with hardwood floors, beamed high ceilings, catering kitchen (no grease-trap), removable room divider, two outdoor spaces and french doors overlooking the scenic City of Grayson Park and Amphitheater. Dance School purchased in 2025 by a longtime Grayson family/ 13 yr. Dance School Student. 4.5 yrs remaining on the 1st term with a 5 yr. option.

High Visibility and Legacy Historical Property- front building built in 1890 and beautifully restored and maintained, is not on the Historic Register. The rear building was former Town Livery Station circa 1910, that sat beside the Lawrenceville to Loganville Railroad that ran twice a day. The original stone wall was kept and incorporated into the new Dance School/Event Center building.

Minimal Landlord Responsibilities

102 ft of frontage

35 shared Parking Spaces (Music schools hours are 2:30-8pm, M-F. and 9-2pm Saturday)

Directly on BUSY Hwy 20/Grayson Highway, the dominant Retail Corridor between Lawrenceville, Sugarloaf Pkwy & Loganville.

47,000 VPD

On Sewer

Property could be subdivided into 2 separate parcels with building on each

Located in the Atlanta MSA and in the path of progress beside Downtown Grayson’s Public Park and Amphitheatre, and between the new Railyard, a 64,000/sf Mixed-use Town Center, Sterling Elementary (1,039 students) and Couch Middle school (1,100 students.) Over 1,000 new homes and townhomes have been recently built or are under construction. Other daily traffic generators past the site include Kroger, and a new Chipotle, Starbucks, Panda Express, Whataburger, and Chase Bank (1 block away.)

Listing Contacts

RH
338643
HSI Commercial
Listed by HSI Commercial

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Zoning

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OI MixedMixed UseOffice Institutional
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Last updated May 21, 2026 For deeper zoning details, reports are available at Zoneomics

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