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1514 Cleveland Avenue - Wagon Works, East Point, GA

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1514 Cleveland Avenue - Wagon Works

East Point, GA 30344-6965 - North Clayton/Airport Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1920
Stories:2 Typical Floor:52,500 SF Building Size:105,000 SF
For Sale Price:$6,500,000 Price/SF:$61.90
Cap Rate:-
Parking:525 Surface spaces are available; Ratio of 5/1,000 SF Amenities:Atrium, Bus Line, Convenience Store, Dry Cleaner, Restaurant

2 story atrium with skylights.
Historic bldg with modern, open office space
Near GA 400 and I-285
Conveniently located near Marta and Hotels

Sale Notes:
-Multi-Tenant Office Facility.
-Wagon Works - Great value add opportunity through lease up and future development.
-Opportunity for Repurpose, Well Maintained Historic Office Park
-Wagon Works, built in 1884, has also been well maintained. The lower level and entry level are currently occupied with a range of small to medium sized businesses.
-By leasing up vacant office space, a new investor can significantly increase collections.
-A new owner has the ability to repurpose the existing facility from office to a mixed-use space. With large, spacious windows providing ample natural light and
elevator access, the loft level can be converted into rentable residential space.

Greystone Brown Real Estate Advisors
Bo Brown
(770) 594-1915 x111

Taylor Brown
(770) 594-1915 x116

Hale Retail Group
Sam Hale
(404) 790-2846

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