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420 Chapel St Atlanta, GA 30313

For Sale
$2,850,000

0.56-acre lot near Centennial Yards

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 0.56-acre commercial land parcel, located at 420 Chapel St SW in Atlanta, Georgia (zip code 30313), presents a unique investment opportunity. Situated on a level corner lot, this property is ideally positioned to capitalize on the significant growth and development surrounding the $5 billion Centennial Yards project ("The Gulch"). This mixed-use development encompasses 50 acres and will feature 12 million square feet of office, retail, residential, and hospitality space. The property's MRC-2C zoning within the City of Atlanta allows for a variety of commercial uses. Currently utilized for surface event parking, its proximity to Castleberry Hill's retail district, Mercedes-Benz Stadium, and State Farm Arena provides unparalleled accessibility and visibility. The location offers a short walk to these venues and is strategically situated for potential assemblage with neighboring properties, further enhancing its development potential. This prime location offers easy access to major transportation arteries and is poised to benefit from the substantial investment and revitalization occurring in the area. The property's corner lot configuration and its adjacency to the Centennial Yards development make it an exceptional opportunity for investors seeking a high-growth, high-impact commercial investment in the heart of Atlanta.

Property Features for 420 Chapel St

General Information

Property type
Land
Lot Size
24,394 SF

HighLights

  • Atlanta MRC‑2C zoning.
  • Excellent Castleberry Hill retail proximity.
  • Currently surface parking; short walk to Mercedes‑Benz Stadium.
  • Ideal assemblage opportunity.
  • Convenient access to Mercedes‑Benz Stadium, State Farm Arena, and Centennial Yards.
  • Level corner lot.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Law Firm Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Fulton
State
Georgia
Longitude
-84.401272
Latitude
33.751788

FAQs

What type of property is this?
Land - 0.56-acre lot near Centennial Yards
Where is this land located?
The property is located at 420 Chapel St Atlanta, GA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Atlanta MRC-2C zoning.; Excellent Castleberry Hill retail proximity.; Currently surface parking; short walk to Mercedes-Benz Stadium.
More about this property
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