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887 W Marietta St NW - King Plow Arts Center
7,585 - 12,500 SF Office/Retail Condo Units in Atlanta, GA 30318
Executive Summary
King Plow Arts center began as an antiquated plow factory, but has been transformed into an arts community and center for commercial, performing and visual arts. In 1990, the owners designed a plan to build affordable live/work studios, commercial artist spaces, art galleries, areas designed for the performing arts, and a restaurant within the buildings while preserving their historic and architectural significance. King Plow consists of sixteen buildings, on 12.5 acres with approximately 256,000 square feet including common hallways. The King Plow Arts Center currently has more than one hundred tenants and condominium owners representing ne, commercial and performing arts. Tenants representing fine art areas include: photographers, sculptors, painters, and metal smiths. The commercial arts are represented by a floral sculptor, architectural firms, interior designers, a modeling agency, graphic design rms, advertising agencies, multi-media designers, and several product & fashion photographers. In 2003, King Plow Arts Center became the first Historic live/work/loft/office/commercial condominium in the city. The arts center now consists of live/work studios, commercial office spaces, special event facilities, Actor's Express Theater, Bold American Food Co. catering, Paul Mitchell hair school, and Terminal West concert venue. King Plow is the largest center of its kind in the city and has become a significant part of Atlanta’s arts community. King Plow Arts Center is pleased to serve as a model of adaptive reuse of historic structures and as a catalyst for the proposed Marietta Street Arts Corridor.
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- Market Information
Property Facts
2 Units Available
Unit A
Unit Size | 12,500 SF | Sale Type | Investment |
Condo Use | Office/Retail | APN/Parcel ID | 17-0150-LL-105-0 |
Unit Size | 12,500 SF |
Condo Use | Office/Retail |
Sale Type | Investment |
APN/Parcel ID | 17-0150-LL-105-0 |
Description
Premier 12,500sf stand-alone building within the King Plow complex in West Midtown. Currently 100% leased to Paul Mitchell. Tenant has three years of remaining lease term, providing the opportunity to renew tenant to market rate or redevelop the site.
Sale Notes
Secure Investment: This prestigious commercial building is currently leased to Paul Mitchell Hair School, a renowned brand with over 100 locations worldwide. Benefit from a reliable corporate lease with a well established tenant.
Three Years Remaining With No Remaining Options: The lease term offers stability and immediate income
for the next three years. Enjoy consistent rental payments and the assurance of a trusted tenant during this
period.
Flexibility for Future: As the new buyer, you have several options at the end of the lease term:
- Recapture Space: Reclaim the space and market for a long-term tenant or reposition according to your
vision and market demand.
- Redevelopment Potential: Utilize the prime location and existing structure to embark on a redevelopment
project. Capitalize on the neighborhood's growth and create a new landmark property.
Investment Opportunity: Hold the property as an investment, benefiting from a well-capitalized tenant.
Enjoy potential appreciation and stable rental income.
Unit B
Unit Size | 7,585 SF | Sale Type | Investment or Owner User |
Condo Use | Office/Retail |
Unit Size | 7,585 SF |
Condo Use | Office/Retail |
Sale Type | Investment or Owner User |
Description
o 887 West Marietta, Suite B is a unique live-work unit in the King Plow Arts Center. The loft is an expansive 7,585 square foot light-filled studio located in what was once a turn-of-the-century plow factory. The studio’s soaring 25-foot ceilings and more than 2,000 panes of glass provide boundless natural light. The space is currently built out with event space, living area, full kitchen, 25’ cyc wall, make-up studio, office space, and additional gathering rooms. A buyer could continue to use this as a live-work studio or convert it to 100% office or specialized use.
Amenities
- 24 Hour Access
- Bus Line
- Courtyard
- Property Manager on Site
- Signage
- Skylights
- Storage Space
- Air Conditioning
- Smoke Detector
zoning
Zoning Code | C2 (commercial / live-work) |
C2 (commercial / live-work) |
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887 W Marietta St NW - King Plow Arts Center
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