1151 Chattahoochee Ave NW Atlanta, GA 30318
For Sale
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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.
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Affordable Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
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atlanta art of boxing center Gym & Fitness Center Sports School
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MSM Builders Construction Company General Contractor
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DG Home Improvement General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Atlanta, GAAtlanta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.