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    1151 Chattahoochee Ave Atlanta, GA 30318

    Sponsored
    For Sale
    $12,500,000

    Prime Bar/Storefront, $12.5M

    Property size:
    19,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19,996 square foot retail property, located at 1151 Chattahoochee Ave NW in Atlanta, GA, presents a unique investment opportunity. Built in 1954 and extensively renovated in 2023, this single-story building sits on a 1.3-acre lot and boasts a prime location in Atlanta's Upper Westside. Currently operating as a large package store, the property includes 19,966 square feet of net rentable space, with two-thirds dedicated to the store and warehouse. The remaining 7,000 square feet offers significant value-add potential, ideal for a bar, lounge, tasting room, or other entertainment venue. The property features a large parking lot, ample outdoor space suitable for a patio, and state-of-the-art security including steel roll-down shutters and a gravity feed cooler system with rear access. The I2 Atlanta zoning permits a wide range of uses. This property benefits from its proximity to numerous high-end restaurants, including three of Atlanta's five Michelin-starred establishments, and popular entertainment venues such as Topgolf, Fetch Dog Park, and the Atlanta Pickleball Center. The asking price for both the business and real estate is $12,500,000, plus inventory. This is a rare chance to acquire a substantial property in a thriving Atlanta neighborhood with significant upside potential. The Fulton County APN is 17 018700010172. The zip code is 30318.

    Property Features for 1151 Chattahoochee Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    19,996 SF
    Lot Size
    56,628 SF

    Building Details

    Year Built/Renovated
    1954/2023
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 20,000 SF building in Atlanta's Upper Westside.
    • 7,000 SF of readily‑leasable space ideal for bar, tasting room, or gaming.
    • 1.3‑acre lot with ample parking and outdoor patio potential.
    • Secure steel roll‑up security shutters.
    • Gravity‑fed cooler system with convenient rear loading access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Affordable Spirits Liquor Store atlanta art of boxing ... Boxing Gym MSM Builders General Contractor DG Home Improvement Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4255718
    Latitude
    33.8014866

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    FAQs

    What type of property is this?
    Individual retail property - Prime Bar/Storefront, $12.5M
    Where is this individual retail property located?
    The property is located at 1151 Chattahoochee Ave Atlanta, GA.
    What is the asking price?
    The asking price for this property is $12,500,000.
    What are key features of this property?
    This property features: 20,000 SF building in Atlanta's Upper Westside.; 7,000 SF of readily-leasable space ideal for bar, tasting room, or gaming.; 1.3-acre lot with ample parking and outdoor patio potential.
    Request Owner's contact information
    1151 Chattahoochee Ave Atlanta, GA 30318
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1151 Chattahoochee Ave Atlanta, GA 30318
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