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351-361 Moreland Ave 20,000 SF 100% Leased Retail Building Atlanta, GA 30307 For Sale
Investment Highlights
- Located on Moreland Ave in the Little Five Points area
- Atlanta’s most recognizable intown district, Little Five Points
- Less than a mile by foot, scooter, or bike to the Eastside BeltLine.
- Surrounded by Candler Park, Inman Park, Poncey-Highland and East Atlanta.
- Approximately half a mile from the Inman Park-Reynoldstown MARTA rail station.
Executive Summary
Bull Realty is excited to offer the WB George building for acquisition to qualified investors and users. The two-story ±20,222 SF building features two fully built-out restaurant spaces on the first floor and flexible space on the second floor suitable for various uses.
The building is unencumbered by tenants allowing investors and users to fine-tune the perfect environment. Both restaurants feature equipped kitchens, bars, plus large covered and uncovered patios. Ride the elevator to the spacious second floor with high ceilings and open spaces for entertainment concepts, creative office or studio space.
The property provides an exceptional opportunity for restaurant and experiential retail operators seeking a premier location within one of Atlanta’s most vibrant and rapidly growing in-town neighborhoods. The property is surrounded by a dense, affluent customer base with average household incomes exceeding $100,000 within a three-mile radius, a strong concentration of young professionals, and a highly educated population that consistently supports local dining and entertainment concepts.
The site benefits from outstanding visibility on Moreland Avenue with more than 38,300 vehicles passing daily and immediate access to Little Five Points, Inman Park, East Atlanta Village, and Candler Park. The trade area features strong consumer spending and a thriving pedestrian-oriented environment. The surrounding residential growth and limited availability of quality restaurant space create an ideal setting for chef-driven concepts, cafés, breweries, fast-casual brands, and experimential retail.
The building is unencumbered by tenants allowing investors and users to fine-tune the perfect environment. Both restaurants feature equipped kitchens, bars, plus large covered and uncovered patios. Ride the elevator to the spacious second floor with high ceilings and open spaces for entertainment concepts, creative office or studio space.
The property provides an exceptional opportunity for restaurant and experiential retail operators seeking a premier location within one of Atlanta’s most vibrant and rapidly growing in-town neighborhoods. The property is surrounded by a dense, affluent customer base with average household incomes exceeding $100,000 within a three-mile radius, a strong concentration of young professionals, and a highly educated population that consistently supports local dining and entertainment concepts.
The site benefits from outstanding visibility on Moreland Avenue with more than 38,300 vehicles passing daily and immediate access to Little Five Points, Inman Park, East Atlanta Village, and Candler Park. The trade area features strong consumer spending and a thriving pedestrian-oriented environment. The surrounding residential growth and limited availability of quality restaurant space create an ideal setting for chef-driven concepts, cafés, breweries, fast-casual brands, and experimential retail.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1953/2017
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.80 AC
Zoning
C1, Atlanta - Located within City of Atlanta - Dekalb County - Zoning District NC-1
Parking
46 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
210’ on Moreland Ave
Amenities
- Dedicated Turn Lane
- Signage
- Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-209-04-270 | Improvements Assessment | $533,873 |
| Land Assessment | $187,577 | Total Assessment | $721,450 |
Property Taxes
Parcel Number
15-209-04-270
Land Assessment
$187,577
Improvements Assessment
$533,873
Total Assessment
$721,450
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