760 Murphy SW Ave Atlanta, GA 30310-1925

Property Details for 760 Murphy SW Ave

Year built

1925

Lot size

0.08 lot acres

Property size

2,088 SF

Zone code

I1

Property type

Commercial land

APN

14 010700070014

APU

14010700070014

Description

This exceptional 0.225-acre commercial property, located at 760 Murphy Avenue SW in Atlanta, Georgia, presents a remarkable investment opportunity. Situated on a corner lot at the intersection of Murphy Avenue and Shelton Avenue, this property boasts excellent visibility and accessibility. The lot is zoned C604 for commercial use, allowing for a diverse range of development possibilities. Currently featuring a multifamily structure built in 2018, which wraps the property in an “L” shape, the property offers a unique canvas for redevelopment or repurposing. The existing building provides immediate income potential while allowing for future expansion or redevelopment plans. The level ground and frame construction simplify development processes. This prime location offers proximity to the Atlanta Beltline and Metropolitan Parkway, providing convenient access to major transportation routes. Furthermore, its location within five miles of five major universities presents a significant advantage for businesses catering to the substantial student population of nearly 100,000. The asking price is $2,000,000. This property is ideal for ventures such as multifamily residences, event spaces, restaurants, or other commercial uses. Don't miss this chance to acquire a highly desirable commercial property in a thriving Atlanta neighborhood. The property was built in 1989 and includes one building.