Log In/Sign Up
Your email has been sent.
Redevelopment Opportunity For Auction 274 Highway 138 SW 41,800 SF 100% Leased Retail Building Riverdale, GA 30274 $500,000 ($11.96/SF)
INVESTMENT HIGHLIGHTS
- Auction Sale – December 10th, 2025: Opportunity to acquire a large infill site in the Atlanta MSA; reserve price undisclosed.
- Existing ±41,800 SF Structure on Site: Former 16-screen theater provides optional adaptive reuse potential or cost-effective demolition footprint.
- High Visibility & Access: Frontage along one of South Atlanta’s busiest commercial corridors connecting Riverdale, Jonesboro, and Fayetteville.
- ±7.6 Acre Redevelopment Opportunity: Flat, well-shaped parcel ideal for a range of uses including townhomes, multifamily, warehouse, self-storage
- Strategic Metro-Atlanta Location: Situated along GA-138, less than 10 miles from Hartsfield-Jackson Atlanta International Airport
- Zoned NC (Neighborhood Commercial): Allows for a broad mix of commercial and residential redevelopment uses—ideal for flexible buyer creativity.
EXECUTIVE SUMMARY
Coming to Auction: https://rimarketplace.com/auction/2906/274-hwy-138-sw
Bid Dates: December 8th – 10th, 2025
Starting Bid: $500,000
Broker of Record
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Bid Dates: December 8th – 10th, 2025
Starting Bid: $500,000
Broker of Record
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Movie Theater
Building Size
41,800 SF
Building Class
C
Year Built
1997
Price
$500,000
Price Per SF
$11.96
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
7.86 AC
Zoning
NC - Neighborhood Commercial
Parking
428 Spaces (10.24 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Galaxy Cinema Funplex
- Arts, Entertainment, and Recreation
- -
- -
- -
- Harvesttime Apostolic Ministries
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Galaxy Cinema Funplex | Arts, Entertainment, and Recreation | - | - | - | ||
| Harvesttime Apostolic Ministries | Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-0213A-00A-006 | Improvements Assessment | $1,361,480 |
| Land Assessment | $397,280 | Total Assessment | $1,758,760 |
PROPERTY TAXES
Parcel Number
13-0213A-00A-006
Land Assessment
$397,280
Improvements Assessment
$1,361,480
Total Assessment
$1,758,760
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Redevelopment Opportunity For Auction | 274 Highway 138 SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.