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SOLD | Most of Midtown City Block

131 Ponce de Leon
Atlanta, GA 30308
PRICE : Contact Bull Realty for information
PROPERTY TYPE: Land
SITE SIZE: 2.50 Acres

Description

Bull Realty is pleased to present the opportunity to acquire a prime 2.5-acre assemblage approved for 1.4 million square feet of mixed-use or commercial development in Midtown Atlanta, Georgia. Bounded by four well-known streets—Ponce de Leon Avenue, Piedmont Avenue, North Avenue, and Juniper Street—the property comprises nearly an entire city block with unmatched visibility located in the heart of Midtown.

The SPI-16 zoning allows versatile uses including office, retail, medical, hotel, multifamily, assisted living, or student housing. The Midtown area, convenient to Georgia Tech, Georgia State University, and Emory University, is popular for both business uses and residential living. Three existing buildings totaling in excess of 75,000 square feet produce modest income from short-term leases that can help to defray holding costs.

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