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Fmr. Southern Mills 585 Wells St SW 88,998 SF 100% Leased Industrial Building Atlanta, GA 30312 For Sale
Investment Highlights
- 88,998± SF historic industrial asset situated on 2.378± Acres
- Potential historic rehabilitation tax incentives for qualified redevelopment projects
- Existing multi-tenant configuration provides flexibility for phased repositioning.
- New TPO roof recently completed.
- Adaptive reuse, mixed-use, creative office, residential conversion, and investment potential.
- Immediate access to I-20, I-75, I-85, and Hartsfield-Jackson International Airport.
Executive Summary
A rare opportunity to acquire a historic industrial asset located within Atlanta's Stewart Avenue Industrial Historic District. Positioned in one of the city's most active urban revitalization corridors, the property offers exceptional adaptive reuse, mixed-use redevelopment, and investment potential.
Property Facts
| Sale Type | Investment | Rentable Building Area | 88,998 SF |
| Sale Condition | Redevelopment Project | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1910 |
| Property Subtype | Manufacturing | Parking Ratio | 0.09/1,000 SF |
| Building Class | C | Clear Ceiling Height | 26’ |
| Lot Size | 2.31 AC | No. Dock-High Doors/Loading | 4 |
| Zoning | I2 - Heavy Industrial District | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.31 AC |
| Rentable Building Area | 88,998 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.09/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 4 |
| Zoning | I2 - Heavy Industrial District |
Amenities
- Bus Line
- Controlled Access
- Fenced Lot
- Front Loading
- Security System
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Water
- Sewer
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-0085-0007-045-7 | Improvements Assessment | $762,200 |
| Land Assessment | $237,800 | Total Assessment | $1,000,000 |
Property Taxes
Parcel Number
14-0085-0007-045-7
Land Assessment
$237,800
Improvements Assessment
$762,200
Total Assessment
$1,000,000
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Contact the Sale Advisor
Fmr. Southern Mills | 585 Wells St SW