0 Boulevard Atlanta, GA 30307
This exceptional Atlanta restaurant presents a unique owner-operator opportunity. Located in a vibrant, rapidly growing neighborhood, this established seafood restaurant boasts nearly $2 million in annual sales. The 2,500 square foot space features a 70-seat dining area and a 500 square foot patio with an additional 25 seats. Built in 2021, the property includes a fully equipped kitchen with top-of-the-line equipment, a full bar, and ample parking (100 spaces). The interior is professionally designed with a warm and inviting atmosphere, featuring wood tables and chairs, stained concrete flooring, and a wall of windows. The restaurant is fully licensed for beer, wine, and liquor and benefits from a strong reputation, evidenced by over 300 five-star reviews. The current lease has 4.7 years remaining, with two five-year options. The asking price is $399,000 ($179.60/sq ft), with a current rent of $54.00 per square foot (including CAM and taxes). All furniture, fixtures, and equipment are included in the sale. This is a truly turnkey operation in a high-demand area, ready for a new owner to continue its success. The property is situated on a main road with excellent visibility and is surrounded by new apartments and close proximity to the Beltline.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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