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Browse More Listings in Hotel & Motel For Sale, Atlanta, GA or Georgia

Hotel / Motel For Sale

Clermont Hotel

789 Ponce de Leon Avenue, Atlanta, GA 30306

Price:
$4,500,000
No. Rooms:
120
Building Size:
88,000 SF
Price/Room:
$37,500
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Lot Size:
0.90 SF
Find Out More...

Last Verified 11/4/2009 Listing ID 16203493

Description

The landmark Clermont Hotel is available for sale. The building was built in 1924 and is known to generations of Atlantans. The building houses 120 rooms and is ripe for redevelopment as a boutique hotel or a residential conversion. The roof offers an unparalleled skyline view of midtown and downtown and would be perfect for a rooftop deck. The property is .9 acres and has plenty of room for a parking deck and amenities such as a pool and outdoor area.

Ponce de Leon Avenue just blocks from the future Beltline route and City Hall East redevelopment. Walking distance to shops and restaurants in Virginia Highland, Freedom Park, and shopping such as Whole Foods and Home Depot.

Map of 789 Ponce de Leon Avenue, Atlanta, GA 30306 (Fulton County)

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Created 4/22/2009

Additional Information for 789 Ponce De Leon Avenue Ne, Atlanta, GA 30306

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Clermont Hotel

789 Ponce de Leon Avenue, Atlanta, GA, 30306