Former Metro Family Fun Center | 1959 Metropolitan Pky SW
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Former Metro Family Fun Center 1959 Metropolitan Pky SW
120,000 SF 13% Leased Retail Building Atlanta, GA 30315 $7,100,000 ($59/SF)
Investment Highlights
- Situated near a bustling retail corridor with immediate access to I-75/I-85.
- Surrounded by additional retail including restaurants, dollar stores, fitness facilities, hair salons, and more
- Located within a densely populated neighborhood, this property offers unparalleled accessibility and exposure in a vibrant urban setting
- Located near Atlanta Metropolitan State College & Atlanta Technical College.
- All remaining equipment is included in price
- Centrally located around neighborhood parks, schools, and the Atlanta Zoo
Executive Summary
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.
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.
Data Room Click Here to Access
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$3,986,000
|
$33.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$3,986,000
|
$33.22
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $3,986,000 |
| Annual Per SF | $33.22 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $3,986,000 |
| Annual Per SF | $33.22 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
120,000 SF
Building Class
B
Year Built/Renovated
1968/1993
Price
$7,100,000
Price Per SF
$59
Percent Leased
13%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.27
Lot Size
10.34 AC
Opportunity Zone
Yes
Zoning
MRC-1 - Commercial Service District
Parking
543 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
560 FT on Metropolitan Pky
Amenities
- Bus Line
- Mezzanine
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This specialty recreational space is move-in ready as a bowling alley and entertainment space! Located directly off of Metropolitan Parkway with ample, dedicated parking and great visibility from the road, this space will include 38 bowling lanes, a skate rink, pool tables as well as an area for full-service dining and bar.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 105,000 SF | Retail | - | Now |
1st Floor
| Size |
| 105,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 105,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This specialty recreational space is move-in ready as a bowling alley and entertainment space! Located directly off of Metropolitan Parkway with ample, dedicated parking and great visibility from the road, this space will include 38 bowling lanes, a skate rink, pool tables as well as an area for full-service dining and bar.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
9,046
99,595
249,583
476,296
2029 Population
9,429
104,283
260,664
493,390
2024-2029 Projected Population Growth
4.2%
4.7%
4.4%
3.6%
Median Age
37.9
37.0
36.0
34.8
College Degree + Higher
27%
26%
35%
25%
Daytime Employees
2,330
33,460
201,233
473,313
Total Businesses
285
3,952
17,090
34,040
Average Household Income
$61,744
$62,677
$77,966
$87,152
Median Household Income
$40,472
$41,694
$53,068
$59,780
Total Consumer Spending
$85.5M
$901.1M
$2.6B
$5.5B
2024 Households
3,897
40,972
104,782
209,772
Average Home Value
$259,188
$298,934
$355,083
$392,755
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 14-0103-LL-047-9 | Improvements Assessment | $266,960 (2023) |
| Land Assessment | $537,560 (2023) | Total Assessment | $804,520 (2023) |
PROPERTY TAXES
Parcel Number
14-0103-LL-047-9
Land Assessment
$537,560 (2023)
Improvements Assessment
$266,960 (2023)
Total Assessment
$804,520 (2023)
1 of 46
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Former Metro Family Fun Center | 1959 Metropolitan Pky SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.