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1953 SE Lakewood Ave 4,197 SF Retail Building Atlanta, GA 30315 $2,000,000 ($476.53/SF)
Executive Summary
1953 Lakewood Ave SE | Atlanta, GA 30315
Property Type: Retail / Restaurant
Building Size: ± 4197SF
Lot Size: ± 0.5 Acres
Offered For Sale: $2,000,000
Property Highlights:
Iconic Atlanta landmark with a rich history, featured in major films including Smokey and the Bandit and Tyler Perry’s College Trip.
Fully operational sports bar & grill generating over $1M in annual gross revenue.
Offered as a rare business + real estate package; building and business included with no existing debt.
Excellent visibility and frontage on Lakewood Ave, near Lakewood Amphitheatre, with strong daily traffic counts.
Recently updated interior with full kitchen, bar, and entertainment setup.
Ample on-site parking and easy access to I-75/85 and Downtown Atlanta.
Surrounded by dense residential neighborhoods, retail, and entertainment venues.
Investment Summary:
This is a rare opportunity to acquire a well-established, debt-free business and its real estate in one of Atlanta’s most recognizable entertainment corridors. With consistent revenue, cultural cachet, and a prime location, 1953 Lakewood Ave presents both strong cash flow and long-term real estate appreciation potential.
Property Type: Retail / Restaurant
Building Size: ± 4197SF
Lot Size: ± 0.5 Acres
Offered For Sale: $2,000,000
Property Highlights:
Iconic Atlanta landmark with a rich history, featured in major films including Smokey and the Bandit and Tyler Perry’s College Trip.
Fully operational sports bar & grill generating over $1M in annual gross revenue.
Offered as a rare business + real estate package; building and business included with no existing debt.
Excellent visibility and frontage on Lakewood Ave, near Lakewood Amphitheatre, with strong daily traffic counts.
Recently updated interior with full kitchen, bar, and entertainment setup.
Ample on-site parking and easy access to I-75/85 and Downtown Atlanta.
Surrounded by dense residential neighborhoods, retail, and entertainment venues.
Investment Summary:
This is a rare opportunity to acquire a well-established, debt-free business and its real estate in one of Atlanta’s most recognizable entertainment corridors. With consistent revenue, cultural cachet, and a prime location, 1953 Lakewood Ave presents both strong cash flow and long-term real estate appreciation potential.
Data Room Click Here to Access
- Market Information
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,197 SF
Building Class
C
Year Built
1945
Price
$2,000,000
Price Per SF
$476.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.97 AC
Zoning
C1 - Commercial
Parking
45 Spaces (10.72 Spaces per 1,000 SF Leased)
Frontage
254’ on Lakewood Ave
Amenities
- Bus Line
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-0058-0002-094-3 | Improvements Assessment | $78,120 |
| Land Assessment | $82,120 | Total Assessment | $160,240 |
Property Taxes
Parcel Number
14-0058-0002-094-3
Land Assessment
$82,120
Improvements Assessment
$78,120
Total Assessment
$160,240
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1953 SE Lakewood Ave
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