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Old Fourth Ward Retail/Restaurant 536 Decatur St

5,000 SF Flex Building Atlanta, GA 30312 For Sale

EXECUTIVE SUMMARY

The Old Fourth Ward Market property is conveniently located in the Old Fourth Ward neighborhood of Atlanta, less than 0.1 mile from Edgewood Avenue’s restaurant & nightlife district and 0.3 miles to King Memorial MARTA station to the west and Atlanta BeltLine Eastside Trail to the east.
Flexible zoning allows the space to be utilized for many applications including retail, light industrial, or special purpose (grocery, brewery, entertainment). In addition, the site is in a Qualified Opportunity Zone which provides added tax benefits.

BUILDING AND PROPERTY:
- ±5,000 SF Neighborhood market with additional ±1,034 SF patio
- Conversion from early 1900’s warehouse finished December 2023
- 2023 Gut renovation included new roof, HVAC, MEP, parking lot, interior build-out and finishes
- 12 Off-street (four EV) parking spaces
- Walk-in cooler/freezer plus other commercial kitchen and grocery store equipment included
- 1000 Amp 3-phase power | 30 GPM well | 1500 Gallon grease trap
- 0.56-Acre future development site | 0’ Side and front setbacks | Opportunity zone
- City of Atlanta I-1 Zoning (Click for more info)
LOCATION:
- Located in booming Old Fourth Ward
- Adjacent to Fetch Park O4W and King of Pops Bar & Events Space
-260’ From Waldos Old Fourth Ward project: public parking garage, 170 key hotel, 119k SF office, residential, restaurants, and retail (see page 20)
- 1,500’ West of Eastside Beltline Trail | 1,500’ East of King Memorial MARTA station
- One block south of popular Edgewood Avenue restaurants, retail, and nightlife
- 1,647 Multifamily units delivered in the neighborhood since 2021

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Convenience Store
  • General Retail Restaurant
Building Class B
Lot Size 0.55 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built/Renovated 1940/2023
Tenancy Single
Parking Ratio 2.4/1,000 SF
Opportunity Zone Yes

AMENITIES

  • Courtyard
  • Freezer (Space)
  • Restaurant
  • Roof Terrace

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 5,000 SF
  • Flex
  • -
  • Now

The Old Fourth Ward Market property is conveniently located in the Old Fourth Ward neighborhood of Atlanta, less than 0.1 mile from Edgewood Avenue’s restaurant & nightlife district and 0.3 miles to King Memorial MARTA station to the west and Atlanta BeltLine Eastside Trail to the east. Flexible zoning allows the space to be utilized for many applications including retail, light industrial, or special purpose (grocery, brewery, entertainment). In addition, the site is in a Qualified Opportunity Zone which provides added tax benefits.

Space Size Space Use Condition Available
Ground 5,000 SF Flex - Now

Ground

Size
5,000 SF
Space Use
Flex
Condition
-
Available
Now

Ground

Size 5,000 SF
Space Use Flex
Condition -
Available Now

The Old Fourth Ward Market property is conveniently located in the Old Fourth Ward neighborhood of Atlanta, less than 0.1 mile from Edgewood Avenue’s restaurant & nightlife district and 0.3 miles to King Memorial MARTA station to the west and Atlanta BeltLine Eastside Trail to the east. Flexible zoning allows the space to be utilized for many applications including retail, light industrial, or special purpose (grocery, brewery, entertainment). In addition, the site is in a Qualified Opportunity Zone which provides added tax benefits.

Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0045-0003-120-1
Land Assessment
$357,520
Improvements Assessment
$126,040
Total Assessment
$483,560

ZONING

Zoning Code I-1-C (I-1-C)
I-1-C (I-1-C)
  • Listing ID: 31714192

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 536 Decatur St, Atlanta, GA 30312

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