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2240 Cascade Rd SW 2,270 SF Retail Building Atlanta, GA 30311 $1,400,000 ($616.74/SF)

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Investment Highlights

  • High Grossing Atlanta liquor store with limited competition and great value-added potential.
  • High CAP, NOI approximately $450K for 2022.
  • Value-add opportunity with liquor store expansion, gaming, capital improvements.
  • Limited competition.
  • Includes rental property next door (1270 square Ft) with $1700+ potential rental income, potential gaming or expansion.
  • Located in up and coming area near East Point.

Executive Summary

Own the dirt, own the cash flow, and own this high-income producing liquor store located along one of Southwest Atlanta’s most established retail corridors. Cascade Package, located at 2240 Cascade Road SW, is a 50+ year operating liquor store offered together with the underlying real estate, providing a rare opportunity for a buyer to control both the business and the property. The freestanding 2,700 square foot building sits on a 10,193 square foot lot and benefits from strong visibility along Cascade Road with approximately 33,000 vehicles passing daily. The store maintains consistent gross margins of roughly 30%–32% through a simple and proven product mix of beer, wine, liquor, and tobacco. The real estate is owned free and clear, eliminating lease risk and creating long-term operational stability. The property is also located within a designated Opportunity Zone, offering potential tax advantages for qualifying investors. With an established customer base built over decades and limited direct competition in the immediate trade area, this offering presents an attractive acquisition for owner-operators, multi-store liquor operators expanding into the Atlanta market, or investors seeking specialty retail backed by real estate ownership. Inventory is estimated at approximately $200,000 at cost and transfers separately. Financials and additional information are available upon execution of a non-disclosure agreement.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,270 SF
Building Class
C
Year Built
1940
Price
$1,400,000
Price Per SF
$616.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
13 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
138’ on Cascade Rd SW

Amenities

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

About 2240 CASCADE RD SW , ATLANTA, GA 30311

A rare opportunity to acquire a long-standing liquor store operation together with the underlying real estate in one of Southwest Atlanta’s most established retail corridors. Located at 2240 Cascade Road SW, this 2,700 square foot freestanding retail building sits on a 10,193 square foot lot and has served the surrounding community for more than 50 years. The business generates consistent revenue with gross margins averaging approximately 30%–32%, supported by a straightforward and high-demand product mix of beer, wine, liquor, and tobacco. The property benefits from exceptional visibility along Cascade Road with approximately 33,000 vehicles per day, providing strong daily exposure and steady customer traffic from the surrounding residential neighborhoods. The location also sits within a designated Opportunity Zone, offering potential tax advantages for qualifying investors. The offering includes the operating business and the real estate, which is owned free and clear, eliminating lease risk and providing long-term operational control. Inventory is estimated at approximately $200,000 at cost and transfers separately. This is an ideal acquisition for an owner-operator seeking stable cash flow, a multi-store liquor operator expanding into Southwest Atlanta, or an investor targeting specialty retail backed by real estate ownership. With limited direct competition in the immediate trade area and a long-established customer base, this property represents a rare chance to own both the dirt and the income-producing operation in a high-visibility corridor.

Property Taxes

Property Taxes

Parcel Number
14-0184-0014-005-2
Land Assessment
$111,000
Improvements Assessment
$37,280
Total Assessment
$148,280
  • Listing ID: 36107972

  • Date on Market: 5/9/2023

  • Last Updated:

  • Address: 2240 Cascade Rd SW, Atlanta, GA 30311

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