351-361 Moreland Ave - Restaurant FOR SALE


Atlanta, GA 30307- Little Five Points
$5,400,000 USD
404-876-1640
351-361 Moreland Ave, Atlanta, GA for Sale
$5,400,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

NEW


351-361 Moreland Ave
Atlanta, GA 30307
Little Five Points


HIGHLIGHTS

  • Located on Moreland Ave in the Little Five Points area
  • Surrounded by Candler Park, Inman Park, Poncey-Highland and East Atlanta.
  • Atlanta’s most recognizable intown district, Little Five Points
  • Approximately half a mile from the Inman Park-Reynoldstown MARTA rail station.
  • Less than a mile by foot, scooter, or bike to the Eastside BeltLine.

OVERVIEW

Bull Realty is excited to offer the WB George building for acquisition to qualified investors and users. The two-story ±20,222 SF building features two fully built-out restaurant spaces on the first floor and flexible space on the second floor suitable for various uses. The building is unencumbered by tenants allowing investors and users to fine-tune the perfect environment. Both restaurants feature equipped kitchens, bars, plus large covered and uncovered patios. Ride the elevator to the spacious second floor with high ceilings and open spaces for entertainment concepts, creative office or studio space. The property provides an exceptional opportunity for restaurant and experiential retail operators seeking a premier location within one of Atlanta’s most vibrant and rapidly growing in-town neighborhoods. The property is surrounded by a dense, affluent customer base with average household incomes exceeding $100,000 within a three-mile radius, a strong concentration of young professionals, and a highly educated population that consistently supports local dining and entertainment concepts. The site benefits from outstanding visibility on Moreland Avenue with more than 38,300 vehicles passing daily and immediate access to Little Five Points, Inman Park, East Atlanta Village, and Candler Park. The trade area features strong consumer spending and a thriving pedestrian-oriented environment. The surrounding residential growth and limited availability of quality restaurant space create an ideal setting for chef-driven concepts, cafés, breweries, fast-casual brands, and experiential retail.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Little Five Points Mixed-Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C1, Atlanta

APN/PARCEL ID

15-209-04-270

ASK ABOUT THIS PROPERTY

Michael BullBull Realty Inc.More Info
404-876-1640

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Michael BullBull Realty Inc.More Info
404-876-1640

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