Incredible opportunity to own a block from Ponce City Market and the Beltline directly on desired Ponce corridor. Property currently functions as a two story brick 5,250 sq ft office building with an unpreceded 22 gated surface parking spaces on 0.471 acres. Perfect for owner-occupant business for entire building or use one story and lease the other story. Existing building first floor has one meeting room, one conference room, four offices, two restrooms, one breakroom, and lobby. The second floor has five offices, one breakroom, two meeting rooms, one conference room, 2 bathrooms, and one file room. The hallways have hardwood flooring and rooms are a combination of hardwoods, carpet and tile. The building was renovated in 2006 with more recent roof and HVAC improvements and considered a class C investment property. Unlimited development potential including using existing building or razing building and redeveloping. Development could be at current surface level or excavated to Ponce level. Initial Geotechnical Exploration completed, and no resistance found for at least 14 – 59 feet on site. Ponce City Market and surrounding businesses and entertainment district would support another boutique hotel similar to adjacent property with potential for up to 5 stories or a combination of private residences and leased units. The room rental rates and office lease rates in the area surrounding the Beltline continue to break records.

Location

• Zip Code30308
• CityAtlanta
• CountyFulton - GA

MLS Data

• StatusActive
• MLS #7386909
• TypeCommercial

Interior Details

• BasementCrawl Space, Interior Entry
• FeaturesReception Area, Restrooms
• HVACCentral Air

Exterior Details

• ConstructionBrick 4 Sides, Frame
• Built In1950
• StoriesArray
• ParkingParking Lot
• UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
• SewerPublic Sewer
• Lot DescriptionSloped, Street Lights
• Lot Dimensions49x221x40x76x74x288
• Acres0.471

Listing Provided Courtesy Of: Keller Williams Realty Intown ATL 404-541-3500