917 Church St - Hospitality FOR SALE


Decatur, GA 30030- Glennwood
$10,500,000 USD
404-541-3500
917 Church St, Decatur, GA for Sale
$10,500,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

917 Church St
Decatur, GA 30030
Glennwood


OVERVIEW

909, 917, and 921 Church Street, Decatur, GA Two hotels (Super 8 Hotel and Decatur Inn) and a single-family residence. Assemblage of all three parcels, providing a significant plot size in downtown Decatur. The current zoning supports a variety of future development opportunities, with potential for a zoning change to accommodate larger-scale projects. Backs onto the Historic Decatur Cemetery, adding a serene backdrop. One block from the newly renovated Glendale Pool and Tennis facility. Three blocks from the popular dining and retail scene, including Leon’s Full Service. 0.25 miles to Decatur High School, within proximity to luxury townhomes and residential developments. Walking distance to MARTA stations, city parks, and Decatur Square, providing unparalleled connectivity. Development Potential: The land assemblage offers numerous possibilities for redevelopment, catering to the increasing demand for mixed-use and residential projects in Decatur’s booming real estate market. The location supports a vibrant mixed-use development combining residential condos, commercial retail, and office spaces. Ideal for maximizing returns by integrating commercial components on the ground level and residential units above. Condominium Project High-end residential condos would be in high demand in this market, offering luxury living with easy access to Decatur’s shops, restaurants, and public transportation. Potential to create spacious units with premium amenities and scenic views of the nearby historic cemetery and city. An opportunity to build a high-end retirement community with commercial services tailored to the needs of an aging population. The walkable and transit-friendly location is ideal for retirees seeking an active lifestyle near downtown Decatur’s healthcare and leisure amenities. The land assemblage at 909, 917, and 921 Church Street presents a once-in-a-lifetime opportunity to develop a landmark project in the heart of Decatur. Whether you're considering a luxury townhome community, mixed-use residential/retail project, or a specialized development like a retirement home, this prime site offers the foundation for extraordinary returns and community impact. This is only being sold as the land assemblage not being sold separately.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$1,265 USD /SF

# OF ROOMS

46

PRICE/ROOM

$228,261 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Decatur Downtown Atlanta Area

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C2

APN/PARCEL ID

18-006-02-019

ASK ABOUT THIS PROPERTY

Mark JonesKW Commercial Atlanta MidtownMore Info
404-541-3500

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Mark JonesKW Commercial Atlanta MidtownMore Info
404-541-3500

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