UPDATED:
10/25/2024 02:44 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $476
MLS Listing ID 7336377
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1910
Tax Year 2022
Lot Size 7,230 Sqft
Acres 0.166
Property Description
Attention investors and developers! Seize the opportunity to own a strategically positioned commercial retail property in the heart of Atlanta's burgeoning Highland Avenue corridor. This multi-unit property at 668-686 Highland Ave, Atlanta GA 30312, presents an exceptional blend of current income generation and exciting value-add potential.
Thriving Location, Endless Potential:
High-Growth Corridor: Nestled on vibrant Highland Ave, surrounded by established neighborhoods and experiencing rapid commercial development.
Dense Demographics: Boasts a densely populated trade area with strong household incomes, ensuring a steady customer base.
Excellent Accessibility: Situated near major interstate access and public transportation options, guaranteeing convenient access for customers.
Surrounded by Growth: Anchored by national retailers and local favorites, including Kroger, Starbucks, LA Fitness, and Publix, attracting consistent foot traffic.
Current Income & Future Vision:
Multi-Unit Income Stream: The property features multiple established tenants, providing immediate and stable rental income.
Value-Add Potential: Reimagine the space to suit the evolving needs of the neighborhood, attracting new tenants and maximizing rental rates.
Flexible Layout: The versatile floor plan accommodates a variety of retail uses, from restaurants and cafes to boutiques and service providers.
Ample Parking: On-site parking ensures convenience for tenants and customers, further enhancing the property's appeal.
Invest in Atlanta's Future:
Owning this commercial property isn't just about acquiring an income stream; it's about capitalizing on Atlanta's dynamic growth and shaping the future of a thriving retail destination. With its prime location, established tenants, and exciting value-add potential, 668-686 Highland Ave offers an unparalleled opportunity for investors seeking long-term returns.
Location
State GA
County Fulton
Zoning C2
Lake Name None
Rooms
Other Rooms None
Basement None
Bedroom Other
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Window Features None
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Other
Waterfront Description None
View City
Roof Type Other
Street Surface Asphalt
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Foundation None
Level or Stories One
Structure Type Other
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community no
Tax ID 14 001900021048
Special Listing Condition None