Neighborhood Street Retail
For Sale
Contact for pricing
521 EDGEWOOD AVE SE, Atlanta, GA 30312
Neighborhood street retail asset offered for sale with a remaining 6,578 SF NNN vacancy and patio-oriented potential.
Property Size16,922 SF
Days on Market51
Property Features for 521 EDGEWOOD AVE SE
General Information
Standard status
Active
Size
16,922 SF
Property subtype
Retail
Zoning
I1, C3 Commercial ZONING
Occupancy
61%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$385,494
Building Details
Year Built
1954
Year Renovated
2019
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
CBRE - Atlanta
Listed By:
Rachel Smith Little · License #GA 426598
Source:
Crexi
Added: Jul 8
Changed: Aug 14
Last Checked: Aug 25 at 10:27PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
521-537 Edgewood Ave is a 16,922 SF neighborhood street retail asset offered for sale, currently 61% leased. The property includes one remaining 6,578 SF vacancy, and the existing vacancy was previously leased to a restaurant that did not complete their build-out.
Set in Historic Old Fourth Ward, the asset is described as a walkable destination with access to nearby dining and entertainment, and it is positioned minutes from the Atlanta Beltline Eastside Trail and Krog Street Market. In the one-mile area, the remarks cite more than 16,000 existing residential units.
The offering is also paired with a vacant parcel directly behind the asset at 21 Howell Street (±0.34 acre), which is currently zoned residential. The remarks describe potential optionality for the next owner related to either pursuing an updated use for parking or developing the lot into residential. Ownership is offering this property for sale simultaneously with three other Edgewood Ave assets: 619 Edgewood Ave, 476-486 Edgewood Ave, and 560 Edgewood Ave, with the option to consider offers on an individual property, sub-portfolio, or portfolio basis.
Set in Historic Old Fourth Ward, the asset is described as a walkable destination with access to nearby dining and entertainment, and it is positioned minutes from the Atlanta Beltline Eastside Trail and Krog Street Market. In the one-mile area, the remarks cite more than 16,000 existing residential units.
The offering is also paired with a vacant parcel directly behind the asset at 21 Howell Street (±0.34 acre), which is currently zoned residential. The remarks describe potential optionality for the next owner related to either pursuing an updated use for parking or developing the lot into residential. Ownership is offering this property for sale simultaneously with three other Edgewood Ave assets: 619 Edgewood Ave, 476-486 Edgewood Ave, and 560 Edgewood Ave, with the option to consider offers on an individual property, sub-portfolio, or portfolio basis.
Key Highlights
- 16,922 SF neighborhood street retail asset (built 1954) at 521–537 Edgewood Ave in Historic Old Fourth Ward
- Currently 61% leased with one remaining 6,578 SF vacancy; potential to add $237,000+ annual rent at $35.00 psf NNN upon lease‑up
- Remaining vacancy previously tied to a restaurant build‑out not completed, offering space suited for restaurant or retail user occupancy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,648
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30312, GA
25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
Median Home Value
Market
Vacancy Rate% for Retail in Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Storefront property - Neighborhood street retail asset offered for sale with a remaining 6,578 SF NNN vacancy and patio-oriented potential.
Where is this storefront property located?
The property is located at 521 EDGEWOOD AVE SE Atlanta, GA.
What are key features of this property?
This property features: 16,922 SF neighborhood street retail asset (built 1954) at 521–537 Edgewood Ave in Historic Old Fourth Ward; Currently 61% leased with one remaining 6,578 SF vacancy; potential to add $237,000+ annual rent at $35.00 psf NNN upon lease‑up; Remaining vacancy previously tied to a restaurant build‑out not completed, offering space suited for restaurant or retail user occupancy
