Turnkey Restaurant and Bar with
For Sale
$2,200,000
Pending
281 Peters Street SW, Atlanta, GA 30313
COMMERCIAL - Atlanta, GA
Property Size4,250 SF
Lot Size0.10 Acres
Days on Market148
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
(470) 907-8266
Listed By:
Brandi Lewis · License #296178
(404) 840-0001
Added: Mar 31
Changed: Aug 14
Last Checked: Aug 25 at 5:06PM
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.
The property consists of a fully built-out, turnkey restaurant and bar concept with a connected dining area, bar space, and service areas. The commercial kitchen is already in place and designed for food preparation and high-volume service. Interior seating is planned for approximately 130 guests, with an additional outdoor patio seating area planned for approximately 75 guests. The offering is fully owned (no lease) and includes two parcels to be sold together.
Zoned SPI1, the property is located at 281 Peters Street SW in Atlanta, Georgia (Fulton County). The space is intended to support both dining and nightlife service in one continuous operation, with the layout arranged for guest flow between the dining room and bar and the back-of-house service spaces.
For an owner-operator, the key advantage is the ability to step into an operating-ready restaurant and bar with an installed kitchen. For buyers evaluating a redevelopment or concept change, the property also provides a constructed restaurant environment on multiple parcels, supporting future site planning decisions where permitted. Because the commercial real estate is being sold fully owned, buyers can evaluate the property directly as an asset rather than relying on a lease structure.
Zoned SPI1, the property is located at 281 Peters Street SW in Atlanta, Georgia (Fulton County). The space is intended to support both dining and nightlife service in one continuous operation, with the layout arranged for guest flow between the dining room and bar and the back-of-house service spaces.
For an owner-operator, the key advantage is the ability to step into an operating-ready restaurant and bar with an installed kitchen. For buyers evaluating a redevelopment or concept change, the property also provides a constructed restaurant environment on multiple parcels, supporting future site planning decisions where permitted. Because the commercial real estate is being sold fully owned, buyers can evaluate the property directly as an asset rather than relying on a lease structure.
Key Highlights
- Fully built‑out, turnkey restaurant and bar, ready for immediate operation.
- Prime location** in an active and growing Atlanta district with strong visibility and consistent foot traffic.
- Property is fully owned (no lease) and includes two parcels, offering long‑term value and potential for expansion/redevelopment.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,066
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully built-out restaurant and bar layout with an equipped kitchen and outdoor patio seating for immediate operations.
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: Fully built‑out, **turnkey restaurant and bar, ready for immediate operation.**; Prime location** in an active and growing Atlanta district with strong visibility and consistent foot traffic.; Property is fully owned (no lease) and includes two parcels, offering long‑term value and potential for expansion/redevelopment.
