249 Peters StAtlanta, GA 30313

This exceptional value-add opportunity presents two buildings totaling 15,145 square feet on a 33,987 square foot lot in Atlanta's vibrant Castleberry Hill neighborhood. The property, built in 1911 and renovated in 2024, features ten units across two one-story buildings, currently at 11% occupancy. Zoned HC-20N SA-1, it offers a unique blend of storefront and restaurant spaces, ideal for a variety of uses. Located near Mercedes Benz Stadium, State Farm Arena, and Centennial Yards, the property benefits from high foot traffic and proximity to major attractions, drawing over 15.7 million annual visitors who contribute over $2.1 billion to the local economy. The asking price is $5,880,000, translating to $388.25 per square foot and $177 per square foot for land value. This NNN-leased multi-tenant property presents a compelling investment opportunity with significant upside potential in a rapidly developing area. The property's location within walking distance of major entertainment venues and the city's burgeoning hotel district positions it for strong rental income and future appreciation. The recent renovation ensures the property is well-maintained and ready for immediate occupancy. This is a rare chance to acquire a substantial retail portfolio in a prime Atlanta location with significant growth potential.