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Property profile & analytics
FOR SALE
Industrial properties

1151 Chattahoochee Ave NW Atlanta, GA 30318

19,966 SF 1.3 ac lot Built 1954
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1025733
Property summary
AI-generated overview

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 profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1954
Total area 19,966 SF
Lot 1.3 ac (56,628 SF)
Zoning code I2
APN 17 018700010172
UPID US22-1025733
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Affordable Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • atlanta art of boxing center Gym & Fitness Center Sports School
  • MSM Builders Construction Company General Contractor
  • DG Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.02M
Owner & transaction history
Affordable Spirits Atlanta LLC · 4 yrs held
Affordable Spirits Atlanta LLC
since 2022
Last sale
$3.0M
3 recorded transactions
2022
$3.0M
2008
$1.7M
1969
Price N/A
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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