This exceptional 75,000-square-foot retail space, zoned commercial, presents a unique investment opportunity in the heart of Midtown Atlanta. Situated on a 0.276-acre lot (APN: 14 004800121603, Fulton County), this single-tenant property boasts a prime location steps from major retailers like Home Depot and Whole Foods, adjacent to Ponce City Market and the Atlanta Beltline. The multi-level building features a stunning, recently completed build-out, with an estimated $600,000 invested in its creation. Currently configured as a restaurant and bar with seating for 45 and a 10-seat bar, the space includes a fully equipped, ventless kitchen capable of producing both small plates and full entrees, along with a POS system featuring three terminals. The property is open and operating, offering immediate income potential. However, the versatile space is easily adaptable for a variety of uses, including office space, studio space, or other professional uses. The sale includes two pricing options: $699,000 for the real estate and all assets (including furniture, fixtures, and equipment); or $75,000 for the furniture, fixtures, and equipment with a long-term lease at $7,500 per month (including additional charges). Business books and records are not available; however, the buyer could retain the existing name and concept under a franchise agreement.
Highlights
75,000 SF retail space, single-tenant occupancy.
Located in Midtown Atlanta, near Home Depot, Whole Foods, Ponce City Market, and the Atlanta Beltline.
Multi-level building with approximately 1,500 SF per level.
Fully equipped restaurant and bar with seating for 45 and a 10-seat bar; includes ventless kitchen and POS system.
$600,000 invested in buildout; current business assets (FF&E) available for $75,000 with a $7,500/month lease, or included in the $699,000 real estate purchase price.
The property is located at 620 Glen Iris Dr Atlanta, GA.
What are key features of this property?
This property features: 75,000 SF retail space, single-tenant occupancy.; Located in Midtown Atlanta, near Home Depot, Whole Foods, Ponce City Market, and the Atlanta Beltline.; 0.276-acre lot, Parcel number: 14 004800121603, Commercial zoning.
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Contacts
Steven Josovitz
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Glen Iris Dr Atlanta, GA 30308
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620 Glen Iris Dr
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