1151 Chattahoochee Ave. Bldg | 1151 Chattahoochee Ave NW
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1151 Chattahoochee Ave. Bldg 1151 Chattahoochee Ave NW
19,966 SF 100% Leased Retail Building Atlanta, GA 30318 $12,500,000 ($626/SF)
Investment Highlights
- 20,000 SF Building in Atlanta's Upper Westside
- 1.3 AC with large parking lot & outdoor space with patio potential
- Gravity feed system for all coolers, with rear access to load
- 7,000 SF of unused space to generate additional income (bar/tasting room/gaming)
- Steel roll down security shutters
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
19,966 SF
Building Class
C
Year Built
1954
Price
$12,500,000
Price Per SF
$626
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.93 AC
Zoning
I2, Atlanta - Warehouse
Parking
21 Spaces (1.05 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 17-0187-0001-017-2 | Improvements Assessment | $394,800 |
| Land Assessment | $210,600 | Total Assessment | $605,400 |
PROPERTY TAXES
Parcel Number
17-0187-0001-017-2
Land Assessment
$210,600
Improvements Assessment
$394,800
Total Assessment
$605,400
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1151 Chattahoochee Ave. Bldg | 1151 Chattahoochee Ave NW
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