368 Ponce De Leon AveAtlanta, GA 30308

Property Details for 368 Ponce De Leon Ave

Year built

1920

Lot size

1.07 AC

Property size (Sq ft)

8,500 SF

Property type

Mixed-use properties

Property subtype

Other specialty properties

Description

This exceptional mixed-use property, located at 368 Ponce De Leon Ave NE in Atlanta, GA, presents a compelling redevelopment opportunity. The 1.07-acre lot features two buildings totaling approximately 10,600 square feet of net rentable space, built in 1920 and renovated in 2000. The main building boasts approximately 8,500 square feet, complemented by a secondary building of approximately 2,100 square feet. The property is currently vacant, offering immediate occupancy potential. With a C2 zoning designation, the property allows for diverse uses, including creative office, executive office, school, or high-end residential. The property includes 15 paved parking spaces and enjoys excellent privacy within a fully fenced and gated lot. The main house showcases architectural details reminiscent of stately mansions, while the property's location in the Poncey-Highlands and Old Fourth Ward districts provides unparalleled access to Atlanta's vibrant urban core. Skyline views from the top floor add to the property's allure. Offered at $5,000,000, this property is a value-add investment with potential for higher density development. The property is available for scheduled site inspections only, with a proposed 60-day due diligence period and 30-day closing. The two-story buildings sit on a level lot and offer a 12-foot ceiling height.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7731

Longitude

-84.3753

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