536 Decatur St.Atlanta, GA 30312

  • Retail properties
  • 7,820 SF
For Sale
$262,000 View listing

Property Details for 536 Decatur St.

Year built
1940
Construction
WOOD
Lot size
0.57 AC
Property size (Sq ft)
7,820 SF
Zone code
I1
Property type
Retail properties
Property subtype
Retail space
APN
14 004500031201
APU
14004500031201

Description

This thriving 1,000 sq ft restaurant in Atlanta's Old Fourth Ward is available for $262,000. Located at 536 Decatur St. SE Suite A, 30312, this Class B property boasts a prime location near Krog Street Market and the Beltline, drawing significant foot traffic. The current lease has three years remaining, with two five-year renewal options available. Rent is $5,500/month, inclusive of electricity, gas, and water. The property includes 25 parking spaces, a significant advantage in this area. The fully equipped kitchen features a 10-foot commercial hood and a 1,500-gallon underground grease trap, along with ample refrigeration. All equipment is included, ensuring a seamless transition for the new owner. Currently operating at 100% occupancy, this is an exceptional opportunity for restaurant expansion, catering, food truck operators, or cloud/ghost kitchens. The space is situated within O4W Market, adjacent to Fetch Park O4W, attracting thousands of weekly visitors. This turnkey operation offers immediate revenue potential and a strong foundation for future growth in a vibrant and desirable Atlanta neighborhood. This is a gross lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,580,686
    6.5%
    $1,459,095
    7%
    $1,354,874
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,843,930
    Geo Method
    $3,843,930
  • Alternative Use

    Use
    Valuation
    Residential
    $1,230,801
    Hospitality
    $1,127,407
    Educational
    $937,989
    Medical
    $970,248
    Retail
    $1,459,095
536 Decatur St., Atlanta, Georgia

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7522
Longitude
-84.3701
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$357,520
$126,040
$483,560
-
$893,800
$315,100
$1,208,900

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