1151 Chattahoochee Ave NW - Storefront FOR SALE


Atlanta, GA 30318
$12,500,000 USD
404-465-3345
1151 Chattahoochee Ave NW, Atlanta, GA for Sale
$12,500,000 USD
Storefront - FOR SALE
1/31
null | Request Cap Rate

1151 Chattahoochee Ave NW
Atlanta, GA 30318


HIGHLIGHTS

  • 20,000 SF Building in Atlanta's Upper Westside
  • 7,000 SF of unused space to generate additional income (bar/tasting room/gaming)
  • 1.3 AC with large parking lot & outdoor space with patio potential
  • Steel roll down security shutters
  • Gravity feed system for all coolers, with rear access to load

OVERVIEW

Largest package store available in Atlanta’s Westside! Newly opened with state-of-the-art technology & security, this store has the infrastructure in place to become the largest and highest volume package store in Georgia. Both the business and real estate are for sale for $12,500,000 plus inventory. The property includes a 20,000 SF building sitting on 1.3 AC, a large parking lot and plenty of outdoor space with patio potential! Two thirds of the building are comprised of the package store & warehouse receiving/storage area. The remaining 7,000 SF present a unique value-add opportunity to generate an additional 6 figure income stream. Perfect for a bar/lounge/tasting room/gaming/billiards/patio etc, this unused space offers the rare chance to turn this package store into an entertainment destination. The immediate trade area is one of Atlanta’s densest and most desirable amenity bases, including chef-driven restaurants cemented by three of Atlanta’s five Michelin star restaurants, as well as multiple social and activity driven recreation destinations such as Top Golf, Fetch Dog Park, Bad Axe Axe Throwing, Putt Shack, and the Atlanta Pickleball Center.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1151 Chattahoochee Ave. Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

I2, Atlanta

APN/PARCEL ID

17-0187-0001-017-2

ASK ABOUT THIS PROPERTY

Danny GlusmanWidespread Commercial GroupMore Info
404-465-3345

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Danny GlusmanWidespread Commercial GroupMore Info
404-465-3345

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