For Sale
$2,850,000

420 Chapel StAtlanta, GA 30313

0.56-acre lot near Centennial Yards

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 0.56-acre commercial land parcel, located at 420 Chapel St SW in Atlanta, Georgia (zip code 30313), presents a unique investment opportunity. Situated on a level corner lot, this property is ideally positioned to capitalize on the significant growth and development surrounding the $5 billion Centennial Yards project ("The Gulch"). This mixed-use development encompasses 50 acres and will feature 12 million square feet of office, retail, residential, and hospitality space. The property's MRC-2C zoning within the City of Atlanta allows for a variety of commercial uses. Currently utilized for surface event parking, its proximity to Castleberry Hill's retail district, Mercedes-Benz Stadium, and State Farm Arena provides unparalleled accessibility and visibility. The location offers a short walk to these venues and is strategically situated for potential assemblage with neighboring properties, further enhancing its development potential. This prime location offers easy access to major transportation arteries and is poised to benefit from the substantial investment and revitalization occurring in the area. The property's corner lot configuration and its adjacency to the Centennial Yards development make it an exceptional opportunity for investors seeking a high-growth, high-impact commercial investment in the heart of Atlanta.

Highlights

  • Atlanta MRC-2C zoning.
  • Excellent Castleberry Hill retail proximity.
  • Currently surface parking; short walk to Mercedes-Benz Stadium.
  • Ideal assemblage opportunity.
  • Convenient access to Mercedes-Benz Stadium, State Farm Arena, and Centennial Yards.
  • Level corner lot.

Property Details for 420 Chapel St

Property type
Land
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.751788
Longitude
-84.401272
420 Chapel St, Atlanta, Georgia

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420 Chapel St
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