For Sale
$400,000

1629 Lakewood AveAtlanta, GA 30315

High-return retail space, 500 sq ft, $400k

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 500-square-foot storefront property, located at 1629 Lakewood Ave SE in Atlanta, Georgia (zip code 30315), presents a compelling investment opportunity for owner-users or developers. Priced at $400,000 ($800 per square foot), this single-story retail space sits on a half-acre lot (0.5 acres) and is zoned MRC-1-C by the City of Atlanta. The property currently houses a month-to-month U-Haul tenant, offering immediate income potential or redevelopment possibilities. A comprehensive environmental assessment has been completed, resulting in a "No Further Action Required" (NFA) letter from the EPA, ensuring a clean and compliant acquisition. This prime location in Fulton County offers excellent visibility and accessibility, making it ideal for a variety of retail ventures. The property's size and zoning provide flexibility for various uses, allowing for customization to suit specific business needs. This is a rare opportunity to acquire a well-situated, commercially zoned property in a thriving Atlanta neighborhood with a clean environmental record. The current lease provides a short-term income stream while allowing for future planning and development.

Highlights

  • $400,000 asking price for this 500 SF retail storefront.
  • Owner/user investment opportunity.
  • $800 per square foot.
  • Single-story building on a 0.5-acre lot in Atlanta, GA.
  • Zoned MRC-1-C, City of Atlanta.
  • Clean environmental report (NFA letter).

Property Details for 1629 Lakewood Ave

Property type
Retail properties, Retail space
Square Feet
500 SF
Stories
1
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7097516
Longitude
-84.380215
1629 Lakewood Ave, Atlanta, Georgia

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1629 Lakewood Ave
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