1113 Riverside TER Pending Save Request In-Person Tour Request Virtual Tour
Gainesville,GA 30501
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 910 sqft
Price per Sqft $302
MLS Listing ID 7628461
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1950
Annual Tax Amount $1,039
Tax Year 2024
Lot Size 0.270 Acres
Property Sub-Type Single Family Residence
Property Description
Multifamily Land for Sale | 1113 Riverside Ter, Gainesville, GA 30501
Price: $275,000
Lot Size: 0.27 Acres | Zoning: R-II
Redevelopment Opportunity in Prime Gainesville Location
Unlock the potential of this rare redevelopment property in the heart of Gainesville! This 0.27-acre lot is zoned R-II, allowing for 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
0.27-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.
Location
State GA
County Hall
Area None
Rooms
Other Rooms None
Dining Room None
Kitchen Other
Interior
Heating Natural Gas
Cooling Central Air
Flooring Hardwood
Fireplaces Type None
Equipment None
Laundry In Hall
Exterior
Exterior Feature None
Parking Features None
Fence None
Pool None
Community Features None
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Metal
Building
Lot Description Other
Story One
Foundation None
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Enota Multiple Intelligences Academy
Middle Schools Gainesville East
High Schools Gainesville