For Sale
$279,000

2916 Memorial DrAtlanta, GA 30317

Prime Atlanta investment: 1.2 acres, C1 & R4 zoning

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.2-acre property at 2916 Memorial Drive SE, Atlanta, GA 30317, presents a remarkable investment opportunity. Built in 1938, the property features a single building situated on approximately 0.3 acres, zoned C1, and an additional 0.9 acres zoned R4. The existing commercial building, located on Memorial Drive, offers immediate income potential for a variety of commercial uses. The property's C1 zoning allows for diverse commercial ventures, including but not limited to, professional offices (doctor, dentist, lawyer), retail spaces, or service businesses. The adjacent 0.9-acre parcel, zoned R4, provides significant development potential, offering flexibility for future expansion or separate development projects. This prime location in Dekalb County, within Atlanta city limits, boasts excellent visibility and accessibility near the intersection of Candler Road and Memorial Drive. Its proximity to East Lake, Oakhurst, downtown Decatur, and downtown Atlanta ensures high traffic and visibility. The ample land provides ample space for designated parking, enhancing the property's appeal to potential tenants or occupants. The asking price for this unique property is $279,000. This is a rare opportunity to acquire a versatile property with immediate income potential and significant long-term growth prospects in a thriving Atlanta neighborhood.

Highlights

  • 1.2-acre property at 2916 Memorial Drive SE, Atlanta, GA 30317, asking $279,000.
  • Features a 0.3-acre C1-zoned commercial building with immediate income potential and a 0.9-acre R4-zoned parcel for future development.
  • Existing building suitable for various commercial uses, including professional offices and retail.
  • Prime Dekalb County location with excellent visibility near Candler Road and Memorial Drive, offering high traffic and accessibility.
  • Ample parking available.

Property Details for 2916 Memorial Dr

Property type
Office properties, Land
Year Built
1938
Buildings
1
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Atlanta
County
Dekalb - GA
State
Georgia
Latitude
33.7474198
Longitude
-84.2911131
2916 Memorial Dr, Atlanta, Georgia

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2916 Memorial Dr
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