For Sale
$595,000

1477 Virginia AveCollege Park, GA 30337

Established Bar/Pizzeria, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional opportunity presents a thriving, freestanding bar and pizzeria in College Park, Georgia. Located at 1477 Virginia Ave, this established business boasts 8,400 square feet on a nearly two-acre lot, providing ample space for its 160-person seating capacity, including a 24-seat bar and 75 outdoor seats. The property includes 147 parking spaces, ensuring convenient access for patrons. The business benefits from a strong, existing management team guaranteeing a smooth transition for the new owner. Detailed financial records, including tax returns, are available for review. A recent appraisal valued the real estate alone at nearly $4,000,000. This turnkey operation is offered at $595,000 with a long-term lease option at $19,000 per month, or for $4.5 million including the real estate. The property is situated in a high-traffic area, making it an attractive investment with significant potential for continued growth and profitability. The business enjoys a strong reputation and loyal customer base, making it a desirable acquisition for experienced restaurateurs or investors seeking a well-established, high-performing establishment. The sale includes all necessary equipment and fixtures. This is a rare opportunity to acquire a successful, established business with significant real estate value in a prime location.

Highlights

  • 8,400 SF freestanding building.
  • Nearly 2-acre lot.
  • 160-seat capacity.
  • 24-seat bar.
  • 75-seat outdoor patio.
  • 147 parking spaces.

Property Details for 1477 Virginia Ave

Property type
Retail properties, Bars
Square Feet
8,400 SF
Lot Size (sq. ft)
87,120 SF

Location Insight

City
College Park
County
Fulton
State
Georgia
Latitude
33.6596799
Longitude
-84.4376568
1477 Virginia Ave, College Park, Georgia

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1477 Virginia Ave
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