1629 Lakewood SE Ave Atlanta, GA 30315-5250

Property Details for 1629 Lakewood SE Ave

Year built

1965

Construction

WOOD

Lot size

0.50 lot acres

Property size

838 SF

Zone code

C2

Property type

Retail space

APN

14 005700170483

APU

14005700170483

Description

This exceptional 500-square-foot storefront property, located at 1629 Lakewood Ave SE in Atlanta, Georgia (zip code 30315), presents a compelling investment opportunity for owner-users or developers. Priced at $400,000 ($800 per square foot), this single-story retail space sits on a half-acre lot (0.5 acres) and is zoned MRC-1-C by the City of Atlanta. The property currently houses a month-to-month U-Haul tenant, offering immediate income potential or redevelopment possibilities. A comprehensive environmental assessment has been completed, resulting in a "No Further Action Required" (NFA) letter from the EPA, ensuring a clean and compliant acquisition. This prime location in Fulton County offers excellent visibility and accessibility, making it ideal for a variety of retail ventures. The property's size and zoning provide flexibility for various uses, allowing for customization to suit specific business needs. This is a rare opportunity to acquire a well-situated, commercially zoned property in a thriving Atlanta neighborhood with a clean environmental record. The current lease provides a short-term income stream while allowing for future planning and development.