175 Moreland Ave SE - Residential Income FOR SALE


Atlanta, GA 30316
$749,900 USD
404-874-9094
175 Moreland Ave SE, Atlanta, GA for Sale
$749,900 USD
Residential Income - FOR SALE
1/43
null | Request Cap Rate

175 Moreland Ave SE
Atlanta, GA 30316


HIGHLIGHTS

  • Heavy day time traffic
  • Open floorplan
  • Possible expansion to commercial
  • ADU allowed and redevelopment to multifamily

OVERVIEW

175 Moreland Ave sits on an incredible, highly visible location directly in the path of progress along the rapidly developing Memorial Drive and Moreland Ave corridors with traffic counts of +/-55,000 VPD (vehicles per day). The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many popular neighborhoods of Atlanta --Reynoldstown/Cabbagetown/Edgewood/L5P are just mere minutes away. It is presently zoned a desirable R-5 which allows the addition of an ADU, or redevelopment to a zero lot line duplex (refer to attached city ordinance on R5 permitted uses). Currently an active income-producing property - a short term rental and content creation studio; it would also make an amazing live/work building for a home-based business. With the neighboring lot already zoned a C-3, there should not be an issue to get this up-zoned to a commercial lot. For those with a vision for transformation, this property is the ideal canvas serving a versatile foundation for creative redevelopment, promising exciting avenues for future projects. Whether you choose to refurbish the existing layout or explore new possibilities, the opportunities are limitless. This property will be sold as-is where-is, presenting an opportunity for investors to shape its future according to their vision. Don't miss out.

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R5/C

APN/PARCEL ID

14-0013-0011-041-7

ASK ABOUT THIS PROPERTY

Fidie RamliERA Foster & BondMore Info
404-874-9094

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

Fidie RamliERA Foster & BondMore Info
404-874-9094

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