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Rough Draft Atlanta
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
5,250
acreage
Acreage
0.471
open houses
Open Houses
-
year built
year built
1950
full baths
Full Baths
0
half baths
Half Baths
0
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
Subdivision -
County Fulton
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 10299573
Listing agent: William T. Shoemaker
Listing broker: Keller Williams Realty Intown Atlanta (404) 541-3500
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, November 8 2024 at 11:16 a.m. EST
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