87 15th St NE
Atlanta, GA 30309
The Castle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Building of historic significance featuring unique architecture and excellent visibility on 15th Street NE across from the Woodruff Arts Center.
- Transit-served and pedestrian-friendly location approximately 200 yards from the Arts Center MARTA Station.
- Additional revenue opportunity potentially available through the transfer of excess development rights associated with the property.
- Delivered vacant upon sale with the potential for creative office, high-end restaurant, or exclusive event enterprises.
- Located in one of the most-active development districts in the Southeastern United States, with $5 billion in new investment since 2000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,761 SF
Building Class
C
Year Built/Renovated
1909/2015
Tenancy
Single
Building Height
5 Stories
Building FAR
1.00
Lot Size
0.27 AC
Zoning
SPI-16 | HBS - Special Public Interest | Historic Building or Site
Parking
10 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
100’ on 15th Street NE
AMENITIES
- Banking
- Bus Line
- Metro/Subway
- Restaurant
- Balcony
PROPERTY TAXES
| Parcel Number | 17-0106-LL-004-0 | Improvements Assessment | $155,360 |
| Land Assessment | $273,040 | Total Assessment | $428,400 |
