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Thriving Food Hall, Bar & Music Venue 1245 Glenwood Ave SE 11,534 SF 100% Leased Retail Building Atlanta, GA 30316 $6,950,000 ($602.57/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully renovated historic building in East Atlanta Village
- Anchored by Southern Feed Store food hall and El Sotano
- Includes 41 surface parking spaces, rare for the area
- Two-level fully-renovated all brick building circa 1920
- Prime location near Beltline and major intown neighborhoods
EXECUTIVE SUMMARY
• Dynamic food hall and legendary nightlife property
• Two-level fully-renovated all brick building circa 1920
• Beautiful storefront entranceway, windows, and murals
• High ceilings, exposed wood beams & generous natural lighting
• Six chef-driven artisanal stalls serve as destination for foodies
• Elevated seating area also serves as live-music stage
• Lower level serves as full-service restaurant and bar and nightlife music venue
• Both levels have back patio spaces
• Large parking lot behind building with 41 spaces is rare in walkable district
• High foot traffic and bike-friendly location in heart of East Atlanta Village
Tenants:
• Southern Feed Store food hall occupies main level facing Glenwood Road
• SFS is “Atlanta’s epicenter of independent arts culture music and all around bohemian lifestyles”
• 100% Occupied by Woody’s Cheesesteaks, Spun Cow Creamery, Brasiliana Pizza, Buteco EAV, Sinful Slidrz, and Buena Papa Fry Bar
• Southern Feed Store has an Instagram following of almost 30k and 4.8 average rating on Yelp
• El Sotano occupies the walk-out terrace level previously occupied by storied nightclub The Basement
• El Sotano restaurant serves lunch and dinner and evolves into nightlife bar and music venue
• Most food hall tenants have tenure in their spaces | El Sotano operated by experienced nightlife team
• Two-level fully-renovated all brick building circa 1920
• Beautiful storefront entranceway, windows, and murals
• High ceilings, exposed wood beams & generous natural lighting
• Six chef-driven artisanal stalls serve as destination for foodies
• Elevated seating area also serves as live-music stage
• Lower level serves as full-service restaurant and bar and nightlife music venue
• Both levels have back patio spaces
• Large parking lot behind building with 41 spaces is rare in walkable district
• High foot traffic and bike-friendly location in heart of East Atlanta Village
Tenants:
• Southern Feed Store food hall occupies main level facing Glenwood Road
• SFS is “Atlanta’s epicenter of independent arts culture music and all around bohemian lifestyles”
• 100% Occupied by Woody’s Cheesesteaks, Spun Cow Creamery, Brasiliana Pizza, Buteco EAV, Sinful Slidrz, and Buena Papa Fry Bar
• Southern Feed Store has an Instagram following of almost 30k and 4.8 average rating on Yelp
• El Sotano occupies the walk-out terrace level previously occupied by storied nightclub The Basement
• El Sotano restaurant serves lunch and dinner and evolves into nightlife bar and music venue
• Most food hall tenants have tenure in their spaces | El Sotano operated by experienced nightlife team
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,534 SF
Building Class
B
Year Built/Renovated
1920/2025
Price
$6,950,000
Price Per SF
$602.57
Cap Rate
7.50%
NOI
$521,250
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.52 AC
Zoning
NC-2 - Neighborhood Commercial
Parking
50 Spaces (4.34 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Buena Papa Fry Bar
- Accommodation and Food Services
- -
- -
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Lorem Ipsum
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Jan 0000
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- Accommodation and Food Services
- -
- -
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Lorem Ipsum
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Jan 0000
Surrounding the intersection of Flat Shoals Avenue and Glenwood Avenue lies East Atlanta Village (EAV), Atlanta’s epicenter of independent arts culture music and all around bohemian lifestyles. EAV ‘s local businesses have made it the premiere destination for live music, food, nightlife and local color since its renaissance began in the 1990s.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Buena Papa Fry Bar | Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 15-176-04-017 | Improvements Assessment | $660,920 |
| Land Assessment | $145,080 | Total Assessment | $806,000 |
PROPERTY TAXES
Parcel Number
15-176-04-017
Land Assessment
$145,080
Improvements Assessment
$660,920
Total Assessment
$806,000
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Thriving Food Hall, Bar & Music Venue | 1245 Glenwood Ave SE
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