Atlanta Leasing & Investment is marketing 801 Moreland Ave SE, a freestanding 1,400 SF brick building on about 0.16 acres in Ormewood Park. The asking price of $605,000 works out to about $432/SF.
The property sits directly on Moreland Avenue, one of the busiest north-south corridors on the east side of Atlanta, just south of East Atlanta Village and close to I-20. Because it's zoned MRC-1-C (Mixed Residential Commercial), a buyer could use it for office, retail, restaurant or residential. That makes it a fit for an owner-user who wants a small professional or creative office with street visibility. It could also suit an investor looking for a value-add or redevelopment play in one of the fastest-growing parts of the city.
The building dates to 1926 and keeps its original brick character. It has on-site parking and a walkable location near Ormewood Park, Grant Park, Reynoldstown and the BeltLine's Eastside and Southside trail areas.