2788 E Ponce De Leon St - Bar FOR SALE


Decatur, GA 30030
$7,300,000 USD
404-547-3622
2788 E Ponce De Leon St, Decatur, GA for Sale
$7,300,000 USD
Bar - FOR SALE
1/1
null | 10.68% Cap Rate

2788 E Ponce De Leon St
Decatur, GA 30030


HIGHLIGHTS

  • Located within a rapidly growing and redeveloping urban infill corridor just minutes from Downtown Decatur, Avondale Estates, and Downtown Atlanta
  • Exceptional frontage and visibility on East Ponce de Leon Avenue with a MARTA station located nearby
  • Income producing property with assemblage and redevelopment opportunities ideal for investors, developers, or future owner-users

OVERVIEW

Positioned in the heart of the rapidly evolving Decatur/Avondale submarket, 2788 East Ponce de Leon Avenue presents a rare opportunity to acquire a strategically located industrial-zoned asset with long-term income stability and significant future upside. The property consists of approximately 12,373 SF situated on 1.18 acre, and is occupied by a long-standing tenant. Ideally located along the heavily traveled East Ponce de Leon Avenue corridor, the property offers exceptional visibility, accessibility, and connectivity throughout Metro Atlanta. The site sits directly across from the Avondale MARTA Station, providing immediate access to MARTA rail and bus transit and positioning the property within one of DeKalb County’s most connected transit-oriented corridors. The surrounding area continues to experience substantial residential, mixed-use, and commercial redevelopment, further enhancing the long-term investment potential of the site. The property’s industrial zoning provides flexibility for a variety of current and future uses, making it attractive to investors, developers, and owner-users alike. Additionally, the site may offer assemblage potential with surrounding parcels, creating a compelling opportunity for larger-scale redevelopment in a high-demand urban infill location.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

10.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

Industrial

APN/PARCEL ID

18-008-07-002

ASK ABOUT THIS PROPERTY

Josh ReevesAtlanta Fine Homes Sotheby's International RealtyMore Info
404-547-3622

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Josh ReevesAtlanta Fine Homes Sotheby's International RealtyMore Info
404-547-3622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.