For Sale
$2,550,000

Ga-139 Atlanta, GA 30311

Thriving Liquor Store, Great Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a high-grossing liquor store in Atlanta, Georgia, boasting a substantial NOI of $450,000 in 2022 and a compelling 17.65% cap rate. The property, situated on a 0.46-acre lot in Fulton County (zip code 30311), includes two buildings totaling 2,580 to 3,850 square feet, built in 1940 and renovated in 1949. One building houses the thriving liquor store, while the adjacent 1,270 square foot building offers significant value-add potential. Currently generating over $1,700 in monthly rental income, this space presents opportunities for liquor store expansion, gaming, or other complementary businesses. The property features 13 parking spaces and is zoned C1. The asking price of $2,550,000 includes all inventory, fixtures, furniture, and equipment (FF&E). This is a rare chance to acquire a well-established, high-performing business in a rapidly developing Atlanta neighborhood. The property's strong financials, combined with its considerable expansion potential, make it an attractive investment for discerning buyers. The single-tenant occupancy commenced on March 20, 2022.

Highlights

  • High-grossing Atlanta liquor store with strong value-add potential due to limited competition.
  • Limited competition in the immediate trade area.
  • High cap rate; 2022 NOI approximately $450,000.
  • Includes adjacent 1,270 sq. ft. rental property with $1,700+ monthly rental income potential; expansion opportunities exist.
  • Significant value-add opportunities through liquor store expansion, lottery sales, gaming, and capital improvements.
  • Located in a rapidly developing area near East Point.

Property Details for 0 Ga-139

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,580 SF
Class
C
Year Built/Renovated
1940/1949
Buildings
2
Stories
1
Lot Size (sq. ft)
20,038 SF
Units
2

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7517486
Longitude
-84.4666609

FAQs

What type of property is this?
Retail property - Thriving Liquor Store, Great Value-Add
Where is the retail property located?
The property is located at Ga-139 Atlanta, GA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: High-grossing Atlanta liquor store with strong value-add potential due to limited competition.; Limited competition in the immediate trade area.; High cap rate; 2022 NOI approximately $450,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Ga-139
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