0 Ga-139Atlanta, GA 30311

Property Details for 0 Ga-139

Year built

1940

Lot size

0.46 AC

Property size (Sq ft)

2,580 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents a high-grossing liquor store in Atlanta, Georgia, boasting a substantial NOI of $450,000 in 2022 and a compelling 17.65% cap rate. The property, situated on a 0.46-acre lot in Fulton County (zip code 30311), includes two buildings totaling 2,580 to 3,850 square feet, built in 1940 and renovated in 1949. One building houses the thriving liquor store, while the adjacent 1,270 square foot building offers significant value-add potential. Currently generating over $1,700 in monthly rental income, this space presents opportunities for liquor store expansion, gaming, or other complementary businesses. The property features 13 parking spaces and is zoned C1. The asking price of $2,550,000 includes all inventory, fixtures, furniture, and equipment (FF&E). This is a rare chance to acquire a well-established, high-performing business in a rapidly developing Atlanta neighborhood. The property's strong financials, combined with its considerable expansion potential, make it an attractive investment for discerning buyers. The single-tenant occupancy commenced on March 20, 2022.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7517

Longitude

-84.4667

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