1477 Virginia Ave Atlanta, GA 30337-2205

Property Details for 1477 Virginia Ave

Year built

1974

Construction

WOOD

Lot size

1.59 lot acres

Property size

8,439 SF

Zone code

CL

Property type

Turn key restaurants

APN

14 013000120588

APU

14013000120588

Description

This exceptional opportunity presents a thriving, freestanding bar and pizzeria in College Park, Georgia. Located at 1477 Virginia Ave, this established business boasts 8,400 square feet on a nearly two-acre lot, providing ample space for its 160-person seating capacity, including a 24-seat bar and 75 outdoor seats. The property includes 147 parking spaces, ensuring convenient access for patrons. The business benefits from a strong, existing management team guaranteeing a smooth transition for the new owner. Detailed financial records, including tax returns, are available for review. A recent appraisal valued the real estate alone at nearly $4,000,000. This turnkey operation is offered at $595,000 with a long-term lease option at $19,000 per month, or for $4.5 million including the real estate. The property is situated in a high-traffic area, making it an attractive investment with significant potential for continued growth and profitability. The business enjoys a strong reputation and loyal customer base, making it a desirable acquisition for experienced restaurateurs or investors seeking a well-established, high-performing establishment. The sale includes all necessary equipment and fixtures. This is a rare opportunity to acquire a successful, established business with significant real estate value in a prime location.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Longitude

-84.4377

Latitude

33.6597

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments