620 Gln Iris NE Dr Atlanta, GA 30308-2799

Property Details for 620 Gln Iris NE Dr

Year built

2005

Lot size

0.13 lot acres

Property size

5,562 SF

Zone code

I2

Property type

Commercial real estate

APN

14 004800121728

APU

14004800121728

Description

This exceptional 75,000-square-foot retail space, zoned commercial, presents a unique investment opportunity in the heart of Midtown Atlanta. Situated on a 0.276-acre lot (APN: 14 004800121603, Fulton County), this single-tenant property boasts a prime location steps from major retailers like Home Depot and Whole Foods, adjacent to Ponce City Market and the Atlanta Beltline. The multi-level building features a stunning, recently completed build-out, with an estimated $600,000 invested in its creation. Currently configured as a restaurant and bar with seating for 45 and a 10-seat bar, the space includes a fully equipped, ventless kitchen capable of producing both small plates and full entrees, along with a POS system featuring three terminals. The property is open and operating, offering immediate income potential. However, the versatile space is easily adaptable for a variety of uses, including office space, studio space, or other professional uses. The sale includes two pricing options: $699,000 for the real estate and all assets (including furniture, fixtures, and equipment); or $75,000 for the furniture, fixtures, and equipment with a long-term lease at $7,500 per month (including additional charges). Business books and records are not available; however, the buyer could retain the existing name and concept under a franchise agreement.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Longitude

-84.3679

Latitude

33.7714

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments