1151 Chattahoochee Ave

1151 Chattahoochee Ave Atlanta, GA 30318

1151 Chattahoochee Ave, Atlanta, GA, 30318
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FOR SALE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Apr 15, 2024

Highlights

  • Largest operating package store in Georgia
  • 20,000 SF Building in Atlanta's Upper Westside
  • 7,000 SF of unused space to generate additional income (bar/tasting room/gaming)
  • 1.3 AC with large parking lot & outdoor space with patio potential

Description

High-end package store available in Atlanta’s Westside! Newly opened with state-of-the-art technology & security, this store has the infrastructure in place to become the largest and highest volume package store in Georgia. Both the business and real estate are for sale! The property includes a 20,000 SF building sitting on 1.3 AC, a large parking lot and plenty of outdoor space with patio potential! Two thirds of the building are comprised of the package store & warehouse receiving/storage area. The remaining 7,000 SF present a unique value-add opportunity to generate an additional 6 figure income stream. Perfect for a bar/lounge/tasting room/gaming/billiards/patio etc, this unused space offers the rare chance to turn this package store into an entertainment destination.

The immediate trade area is one of Atlanta’s densest and most desirable amenity bases, including chef-driven restaurants cemented by three of Atlanta’s five Michelin star restaurants, as well as multiple social and activity driven recreation destinations such as Top Golf, Fetch Dog Park, Bad Axe Axe Throwing, Putt Shack, and the Atlanta Pickleball Center.

Chattahoochee Ave in the Underwood Hills neighborhood located on Atlanta’s Upper Westside

Building Size: 19966sq ft
Lot Size: 1.3 acres

Map of 1151 Chattahoochee Ave, Atlanta, GA, 30318

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.