1061 Sparks St Atlanta, GA 30310
This exceptional investment opportunity encompasses three parcels totaling 1.27 acres in Atlanta, Georgia, strategically located just four blocks from the Atlanta Beltline Westside Trail. The assemblage includes 1061 Lee St, a well-established liquor store boasting over 30 years of operation and 2,994 square feet of space across two levels. The store's features include a spacious walk-in cooler with twelve-door access, a secure cashier cage with bulletproof glass, ample basement storage, and a full bathroom. All existing inventory is included in the sale. Two adjacent lots, 1081 Lee St and 0 Sparks St, offer significant development potential, suitable for various uses including a food market, retail store, or mixed-use space. The property benefits from generous parking and is zoned for multi-family/commercial use. This prime location provides easy access to the vibrant Beltline, with its numerous dining, entertainment, and recreational options. Furthermore, it enjoys convenient proximity to Downtown Atlanta (10-minute drive) and Hartsfield-Jackson Atlanta International Airport (13-minute drive). This presents a rare chance to acquire a long-term, high-yield investment in a thriving Atlanta neighborhood. The asking price is $2,950,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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