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Upscale Restaurant Investment Opportunity
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1620 Piedmont Ave NE, Atlanta, GA 30324

Prime Midtown Atlanta location near iconic attractions.

Property Size3,639 SF
Price / SF$879.36
Days on Market607

Property Features for 1620 Piedmont Ave NE

General Information

Standard status Active
Size 3,639 SF
Property subtype Retail
Zoning RLC

Building Details

Year Built 1930
Listing Agency: Sands Investment Group
Listed By: Dustin Saboorian · License #426633
Source: Crexi
Added: Dec 11, 2024 Changed: Aug 7 Last Checked: May 12 at 9:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

This 3,639 square foot upscale restaurant investment opportunity is located at 1620 Piedmont Avenue NE in Atlanta, GA. The property benefits from its proximity to iconic attractions such as the Atlanta Botanical Garden, Lenox Square, and Phipps Plaza, as well as the Buckhead District.

Key Highlights

  • Upscale 3,639 SF Restaurant Investment
  • Prime Midtown Atlanta Location
  • Easy Access to Atlanta Botanical Garden

Property Analytics

Current Use

Toranj Middle East ... Restaurant

Suggested Use

Top Pick Daycare Center Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Food Market

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

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby
Under-served
Demand for This Use

Demographics for 30324, GA

30,942
Population
18,232
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
5,838
Density / Sq Mi
$93,815
Median Household Income
$70,026
Median Earnings
$1,759
Median Rent
$505,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Prime Midtown Atlanta location near iconic attractions.
Where is this conventional restaurant located?
The property is located at 1620 Piedmont Ave NE Atlanta, GA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Upscale 3,639 SF Restaurant Investment; Prime Midtown Atlanta Location; Easy Access to Atlanta Botanical Garden
More about this property
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