1959 Metropolitan Pky SW - Bowling Alley FOR SALE


Atlanta, GA 30315
$7,100,000 USD
404-537-5693
1959 Metropolitan Pky SW, Atlanta, GA for Sale
$7,100,000 USD
Bowling Alley - FOR SALE
1/45
null | Request Cap Rate

1959 Metropolitan Pky SW
Atlanta, GA 30315


HIGHLIGHTS

  • Situated near a bustling retail corridor with immediate access to I-75/I-85.
  • Located near Atlanta Metropolitan State College & Atlanta Technical College.
  • Surrounded by additional retail including restaurants, dollar stores, fitness facilities, hair salons, and more
  • All remaining equipment is included in price
  • Located within a densely populated neighborhood, this property offers unparalleled accessibility and exposure in a vibrant urban setting
  • Centrally located around neighborhood parks, schools, and the Atlanta Zoo

OVERVIEW

Nestled along the bustling Metropolitan Parkway in Atlanta, Georgia, stands 1959, a versatile commercial property boasting an array of flexible floor plan options to cater to diverse business needs. With a total floor area of 100,000 square feet, this property offers a choice between expansive spaces of either 40,000 square feet or 20,000 square feet, ideal for enterprises of varying scales. Furthermore, the layout allows for seamless integration, enabling two spaces to be combined effortlessly, with non-load bearing walls easily removed to create larger configurations of either 60,000 square feet or 80,000 square feet. Emphasizing individuality and accessibility, each space boasts its own exterior entry option, ensuring autonomy for tenants. Moreover, the convenience of individual entries off a common vestibule at the main building entrance provides added flexibility and convenience. The 40,000 square feet option presents a unique opportunity with 30 functioning bowling lanes and a former full-service restaurant, offering a dynamic space for entertainment and dining ventures. Alternatively, this area can be repurposed for a multitude of purposes, given its spacious layout and previous amenities. For those seeking a more recreational atmosphere, the 40,000 square feet space offers a large open area that once served as a playground, featuring inflatables, laser tag, a gaming arcade, and a designated event area. This versatile setting provides endless possibilities for entertainment-based businesses or creative event planning endeavors. Additionally, the 20,000 square feet section of the property boasts a rich history as a skating rink, with a previous incarnation as NBA-size basketball courts. Its expansive layout and adaptable design make it an ideal canvas for sporting activities, fitness facilities, or specialized training centers. Each of these spaces retains remnants of previous food service areas, catering to the needs of businesses requiring kitchen facilities or food service provisions. Whether envisioning a culinary venture, entertainment complex, or sporting arena, 1959 Metropolitan Parkway offers boundless potential for entrepreneurs seeking a prime location in the vibrant city of Atlanta.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Metro Family Fun Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

ADD'L SUBTYPES

Storefront Retail/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

543

LAND DETAILS

LAND ACRES

10.34 AC

LAND SF

450,410 SF

ZONING

MRC-1

APN/PARCEL ID

14-0103-LL-047-9

ASK ABOUT THIS PROPERTY

Bruce ToupsGeorgia Brokers Real EstateMore Info
404-537-5693

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Bruce ToupsGeorgia Brokers Real EstateMore Info
404-537-5693

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