Property summary
This exceptional restaurant opportunity in Stonecrest, Georgia, presents a freestanding building on a 1.3-acre lot, ideally situated just minutes from Downtown Atlanta and 3 minutes from I-20. The 5,192 square foot building, constructed in 2003, boasts a spacious interior perfect for creating a thriving dining establishment. The property includes 73 dedicated parking spaces and an attractive patio area for outdoor dining. The fully equipped interior features a large bar area with 20 tap lines, along with existing tables and chairs, allowing for immediate operation. This turnkey opportunity benefits from high visibility and convenient access, previously housing successful restaurants including a soul food establishment and Buffalo Wild Wings. The asking price is $2,200,000. The property is zoned for restaurant and bar use. This is a rare chance to acquire a well-established location with significant potential in a high-traffic area of Dekalb County, GA, zip code 30038. The address is 7322 Stonecrest Concourse.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Derived from the Lithonia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C1 · Lithonia, GAThe purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Lithonia, GA.
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