1136 Crescent Ave Atlanta, GA 30309

This exceptional mixed-use investment property, located at 1136 Crescent Ave NE in Atlanta, GA, presents a rare opportunity. The 16,918 square foot building boasts 14 recently renovated (2019-2020) multifamily units – eight one-bedroom/one-bath and six studios – all fully furnished and highly desirable in this sought-after Midtown location. The property also includes two ground-floor retail spaces occupied by established tenants: Fin & Feathers Restaurant and Embr Lounge, both with NNN leases extending to 2030 and 2031, respectively, and renewal options. A street-level ATM provides additional passive income. The building sits on a 0.16-acre corner lot, offering excellent visibility and potential for future redevelopment, especially considering its proximity to the proposed Midtown Exchange development. The asking price is $12,000,000 ($709.30/sq ft), and an assumable loan is available. The property's strong location, within walking distance of shops, restaurants, museums, parks, nightlife, and major employers like Google and King & Spalding, ensures high occupancy and rental demand. Its convenient access to major thoroughfares (I-75, I-85, GA State Route 400) and proximity to Piedmont Park further enhance its appeal. The property's strong financial performance is reflected in a pro forma NOI of $812,761. This is a truly unique opportunity to acquire a high-performing, mixed-use asset in one of Atlanta's most vibrant neighborhoods.