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O4W Adaptive Reuse & Development Opportunity | ± 7,748 SF | 0.57 AC | Opportunity Zone

536 Decatur Street SE
Atlanta, GA 30312
PRICE : $2,250,000
PROPERTY TYPE: Retail
SITE SIZE: 0.57 Acres
BUILDING SIZE: 7,748 SF
YEAR BUILT: 1890

Highlights

  • Adaptive reuse building, centrally located in Old Fourth Ward
  • ± 7,748 SF with open space with high ceilings
  • Perfect for retail, light industrial, loft office, or special use
  • 24 surface parking spaces
  • Extensive updates in 2017
  • Approved for 26,000 SF of office/warehouse space
  • Fantastic visibility and signage opportunity with 12,970 VPD traffic counts
  • 0.57-Acre site in a Qualified Opportunity Zone
  • Less than a mile from Edgewood Ave, King Memorial MARTA station and Atlanta BeltLine Eastside Trail
  • Also near Oakland Cemetery/Memorial Drive, Cabbagetown, Inman Park, Old Fourth Ward, Little Five Points, Grant Park, Downtown Atlanta and Georgia State University

Description

This adaptive reuse property is conveniently located in Atlanta, GA less than 0.1 mile from Edgewood Ave's restaurant/bar district and 0.3 miles to King Memorial MARTA station to the west and Atlanta BeltLine Eastside Trail to the east. This is a usable deal for both investors or owner-users and offers a 0.57-acre site with parking options and high visibility.

Flexible zoning allows the space to be utilized for many applications including retail, light industrial, loft office, or special use. The site could be an ideal redevelopment opportunity and is already approved for up to 26,000 SF of office/warehouse space (renderings included on page 12). In addition, the site is in a Qualified Opportunity Zone which provides added tax benefits.

The property offers a convenient in-town location with proximity to many amenities, nightlife, MARTA transportation, parks and surrounding neighborhoods. Immediately adjacent to the property are Fetch Park, Atlanta's dog park, bar & restaurant attraction, and King of Pops' HQ, Atlanta's homegrown popsicle company. The site is also situated a brief walk from Oakland Cemetery/Memorial Drive, Cabbagetown, Inman Park and Old Fourth Ward. It is also a nice stroll from locales such as Little Five Points, Grant Park, Downtown Atlanta and Georgia State University.

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