929 Main St - Restaurant FOR SALE


Stone Mountain, GA 30083
$1,350,000 USD
404-263-8520
929 Main St, Stone Mountain, GA for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

NEW


929 Main St
Stone Mountain, GA 30083


OVERVIEW

Rare owner-user opportunity in the heart of downtown Stone Mountain Village. 929 Main Street presents a renovated historic mixed-use building ideal for a restaurant, café, wine bar, boutique retail, wellness, hospitality, creative office, or live/work concept. Ownership believes the property is best positioned for an owner-operator seeking a flagship location with the flexibility to customize the ground-floor commercial space to their vision. The property features two furnished, income-producing upper-level loft suites currently utilized as short-term rentals, offering an owner the flexibility to generate supplemental income, personally occupy the lofts, or remain directly above and closely connected to daily business operations. The property also includes approximately ±1,730 SF of ground-floor commercial space with architectural plans completed and significant infrastructure improvements already in place for a future owner-user concept. Major structural, roof, and core building system improvements were completed in 2023, substantially reducing deferred maintenance concerns often associated with historic buildings. The offering also includes a rear parcel, providing added flexibility for potential parking, outdoor activation, service access, storage, or future development opportunities. Qualified buyers may benefit from multiple economic development financing and incentive programs, including potential access to the Georgia Department of Community Affairs (DCA) Revolving Loan Fund, Decide DeKalb Revolving Loan Fund, and City of Stone Mountain façade and enhancement grant programs (buyer to independently verify eligibility and availability). Potential SBA financing may also be available for qualified owner-occupants. Additional due diligence materials, plans, and operating information available upon request. Seller will entertain offers from qualified owner-operators.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

VCM (Mixed Use)

APN/PARCEL ID

18-089-27-026,18-089-27-027

ASK ABOUT THIS PROPERTY

Jelani LinderColdwell Banker Commercial Metro BrokersMore Info
404-263-8520

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Jelani LinderColdwell Banker Commercial Metro BrokersMore Info
404-263-8520

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