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Built-Out Restaurant with Patio
For Sale
$2,200,000
Pending

281 Peters Street SW, Atlanta, GA 30313

Commercial Sale, Atlanta, GA

Property Size4,250 SF
Lot Size0.10 Acres
Days on Market164

Property Features for 281 Peters Street SW

General Information

Property type Commercial Sale
Property subtype Other
Zoning SPI1
Parking 20
Parking features Parking Lot
Window features Display Window(s)
Interior features Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Low Flow Plumbing Fixtures, Reception Area, Recessed Lighting, Restrooms, Track Lighting
Lot features Level
Directions From I-75/I-85, take Exit 249C for Williams St. Continue onto Williams St NW, then turn left onto Andrew Young International Blvd NW. Turn right onto Centennial Olympic Park Dr NW, then left onto Nelson St SW. Turn right onto Peters St SW. Frost Bistro, located at 281 Peters St SW, will be on the right in Castleberry Hill.
Standard status Pending
APN 14 008400110486
Size 4,250 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19574

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air

Building Details

Year built 1935
Floors in Building 1
Flooring type Tile
Building materials Brick 4 Sides
Roof type Flat
Listing Agency: Keller Williams Realty West Atlanta
Listed By: Brandi Lewis · License #296178
Added: Mar 31 Changed: Aug 31 Last Checked: Sep 10 at 11:06AM
MLS# 7736981

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,250-square-foot restaurant property includes a dining area, bar, service spaces, restrooms, and a fully equipped commercial kitchen. Interior seating accommodates approximately 130 guests, while the outdoor patio provides additional seating for 75. The building features brick construction, tile flooring, high ceilings, central heating and central air, recessed and track lighting, and a parking lot. The property is fully owned with no lease and includes two parcels to be sold together.

Located at 281 Peters Street SW in Atlanta, the property carries SPI1 zoning and sits on 0.1 acres. Built in 1935, the building has a flat roof and cable availability. The existing configuration supports restaurant and bar operations, while the combined parcels provide additional land within the offering.

Key Highlights

  • 4,250‑square‑foot restaurant property with dining, bar, service, and kitchen areas
  • Seating for approximately 130 guests indoors plus an additional 75 on the outdoor patio
  • Fully equipped commercial kitchen and existing restaurant build‑out

Property Analytics

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Current Use

Frost Bistro Bar & Pub

Suggested Use

Top Pick Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,066
Businesses Nearby
Under-served
Demand for This Use

Demographics for 30313, GA

9,788
Population
3,604
Households
2.7
Avg Household Size
26
Median Age
55%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
8,157
Density / Sq Mi
$79,068
Median Household Income
$33,832
Median Earnings
$1,696
Median Rent
$365,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Atlanta, GA

6.7% 2019
6.6% 2020
5.5% 2021
4.4% 2022
4.1% 2023
4.4% 2024
5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a commercial kitchen, bar, dining area, and outdoor patio.
Where is this conventional restaurant located?
The property is located at 281 Peters Street SW Atlanta, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 4,250‑square‑foot restaurant property with dining, bar, service, and kitchen areas; Seating for approximately 130 guests indoors plus an additional 75 on the outdoor patio; Fully equipped commercial kitchen and existing restaurant build‑out
More about this property
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