GA > Atlanta > Old Fourth Ward
Atlanta, GA 30308,547 Ponce De Leon AVE NE
Atlanta, GA 30308,547 Ponce De Leon AVE NE
Atlanta, GA 30308,547 Ponce De Leon AVE NE
Atlanta, GA 30308,547 Ponce De Leon AVE NE
Atlanta, GA 30308,547 Ponce De Leon AVE NE
Atlanta, GA 30308,547 Ponce De Leon AVE NE
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Kasey Singleton

Kasey Singleton

+1(706) 627-3111
Listed by William T. Shoemaker • Keller Williams Realty
$ 3,000,000
Est. payment | /mo

0.47 Acres Lot

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$ 3,000,000
Est. payment | /mo
Save

0.47 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Old Fourth Ward

MLS Listing ID 10299573

Construction Status Resale

Year Built 1950

Annual Tax Amount $27,128

Tax Year 2023

Lot Size 0.471 Acres

Property Description

Incredible opportunity to own a block from Ponce City Market and the Beltline directly on desired Ponce corridor. Property currently functions as a two story brick 5,250 sq ft office building with an unpreceded 22 gated surface parking spaces on 0.471 acres. Perfect for owner-occupant business for entire building or use one story and lease the other story. Existing building first floor has one meeting room, one conference room, four offices, two restrooms, one breakroom, and lobby. The second floor has five offices, one breakroom, two meeting rooms, one conference room, 2 bathrooms, and one file room. The hallways have hardwood flooring and rooms are a combination of hardwoods, carpet and tile. The building was renovated in 2006 with more recent roof and HVAC improvements and considered a class C investment property. Unlimited development potential including using existing building or razing building and redeveloping. Development could be at current surface level or excavated to Ponce level. Initial Geotechnical Exploration completed, and no resistance found for at least 14 - 59 feet on site. Ponce City Market and surrounding businesses and entertainment district would support another boutique hotel similar to adjacent property with potential for up to 5 stories or a combination of private residences and leased units. The room rental rates and office lease rates in the area surrounding the Beltline continue to break records.

Location

State GA

County Fulton

Zoning MRC-2-C

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Exterior

Garage Paved, Parking Lot

Garage Spaces 22.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available

Roof Type Other

Building

Sewer Public Sewer

Construction Status Resale

Georgia MLS (GAMLS)
© 2024 Georgia Multiple Listing Service. All Rights Reserved.
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+1(706) 627-3111

kasey@kaseysingleton.com

4115 Columbia Road STE 5 # 259, Martinez, Georgia, 30907, United States

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547 Ponce De Leon AVE NE