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    209 Edgewood Ave Atlanta, GA 30303

    For Sale
    $79,000

    Established eatery, high-traffic location.

    Property size:
    405 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Prime opportunity to acquire an established restaurant business in the heart of downtown Atlanta, Georgia. This 405-square-foot eatery, known as Philly G's Steaks, is ideally situated within The Municipal Market at 209 Edgewood Ave SE, Atlanta, GA 30303. Benefit from its high-traffic location in the vibrant Sweet Auburn Market, just steps from Georgia State University and Grady Memorial Hospital, ensuring a steady stream of customers. The current lease includes a favorable monthly rent of $2050, which is all-inclusive, covering utilities and common area maintenance. The restaurant boasts a fully equipped and hooded kitchen, ready for immediate operation. The current permitted hours of operation are 8 am to 6 pm daily (excluding Sundays). Note that the sale price of $79,000 excludes the business name, brand, existing books and records, and recipes. The lease has remaining term with a renewal option. This is an exceptional opportunity for a savvy investor or entrepreneur seeking a turnkey restaurant operation in a bustling downtown location. Serious inquiries only. Documentation and inspections are available upon request.

    Property Features for 209 Edgewood Ave

    General Information

    Property type
    Restaurants
    Square Feet
    405 SF

    Building Details

    Year Built
    1924

    HighLights

    • Established restaurant business for sale.
    • Philly G's Steaks, located in The Municipal Market.
    • 209 Edgewood Ave SE, Atlanta, GA 30303.
    • High‑traffic location in Sweet Auburn Market, near Georgia State University and Grady Hospital.
    • 405 square feet.
    • $2,050 monthly rent, all‑inclusive (utilities and CAM).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breeze Confectionery Oven Bakery SYTT Building Cleaners Tijuana Tacos Mexican Restaurant Kp Medical Uniform Store Country Meat Market Butcher Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.379914
    Latitude
    33.7540215

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, high-traffic location.
    Where is this restaurant located?
    The property is located at 209 Edgewood Ave Atlanta, GA.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Established restaurant business for sale.; Philly G's Steaks, located in The Municipal Market.; 209 Edgewood Ave SE, Atlanta, GA 30303.
    Request Owner's contact information
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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
    209 Edgewood Ave Atlanta, GA 30303
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