Multifamily Land for Sale | 1112 Alpine St NE, Gainesville, GA 30501 Price: $275,000 Lot Size: 0.23 Acres | Zoning: R-II Redevelopment Opportunity - Prime Gainesville Location Unlock the potential of this rare redevelopment property in the heart of Gainesville! Situated on a 0.23-acre lot, this site is zoned R-II, which permits single-family homes, duplexes, townhomes 3 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 0.23-acre lot | Connected to sewer (verified by the City of Gainesville) Tenant-occupied | Lease ending in 30-60 days Home cannot be shown - please do not disturb tenant New survey to be provided by seller Two new townhomes under construction next door Assemblage potential - Combine with 1113 Riverside Terrace (also for sale) to expand development Location Advantages Minutes from Downtown Gainesville, Northeast Georgia Medical Center, Brenau University, schools, shopping, and Lake Lanier - all major drivers of housing demand. This property is ideal for investors, builders, and developers seeking infill opportunities and growth potential in one of Gainesville's most active redevelopment areas. Please note: The conceptual plan applies to 1112 Alpine Street and 1113 Riverside Terrace. Only three townhomes may be built on 1112 Alpine Street.

Listing courtesy of Progressive Realty LLC



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Last checked: 2025-08-31 06:51 PM UTC