$275,000

1113 Riverside Terrace, Gainesville, GA 30501

  • 2 beds |
  • 1 bath
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

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.

Listing Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
Progressive Realty, LLC. : 770-867-6821
Listing Agent:
Lourdes Bartlett : 770-867-6821
MLS ID:
7628461
  • General: Other
  • Rooms: AtticOther
  • Appliances: Other
  • Laundry: In Hall
  • Basement: Crawl Space
  • Flooring: Hardwood
  • A/C: Central Air
  • Heating: Natural Gas
  • Fireplace: Fireplaces: 0
  • Disability Feature: None
  • Eco/Green Feature: NoneNone

This listing courtesy of Lourdes Bartlett, Progressive Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Enota Multiple Intelligences Academy

1340 Enota Ave NE, Gainesville, GA, 30501

Grades PK-5

0.51 miles away

G

Gainesville Middle School East Campus

1581 Community Way, Gainesville, GA, 30501

Grades 6-8

1.27 miles away

G

Gainesville High School

830 Century Pl, Gainesville, GA, 30501

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.