Positioned in the heart of Atlanta’s vibrant Grant Park neighborhood, 313 Hill Street SE presents a rare opportunity to acquire a fully entitled ±0.51-acre development site with flexible mixed-use potential. The property comes with approved plans and permits for a 34-unit multifamily project with 27 dedicated parking spaces, offering a streamlined path to vertical development. Alternatively, the site includes conceptual plans for a restaurant with patio seating and 13 parking spaces, or a day care facility with 9 parking spaces and a 6,600 SF playground, providing multiple exit strategies for investors or developers.
Zoned SPI-22, the site benefits from favorable zoning that supports residential, retail, and restaurant uses without the need for rezoning. Its strategic location places it within walking distance of the bustling neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown. The property is just blocks from the 48-acre Oakland Cemetery, a cultural landmark and event destination, and within a 10-minute walk to King Memorial MARTA Station and Georgia State University.
With thousands of new and recently delivered apartments in the immediate area, this site is ideally positioned to capture demand from Atlanta’s growing population. The area boasts strong demographics, with an average household income exceeding $117,000 within a one-mile radius. Proximity to the Eastside Beltline, Downtown, and Hartsfield-Jackson International Airport further enhances the site’s connectivity and appeal.