The Cost of an Empty Storefront

PlaceEconomics

October 25, 2012

The information provided here is for informational and educational purposes and does not necessarily reflect the opinion and/or policy position of the Georgia Municipal Association.

A small building sitting empty for one year in a small-town commercial district will have a negative economic impact of $386,750.

PlaceEconomics is a private sector firm that specializes in services to public and non-profit sector clients who are dealing with downtown and neighborhood commercial district revitalization and the reuse of historic structures.