702 Fraser St Se
Atlanta, GA 30315
Intown Development Opportunity · Land For Sale · 0.06 AC

BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT OF SELLER. This ± .060 - acre site is in Summerhill; Atlanta’s first neighborhood, founded in 1865 and is known for its rich history & timeless charm. This redevelopment opportunity site is a corner lot, leveled, and consists of 2 properties currently, a Craftsman Bungalow style home, and a Duplex. This prime Atlanta Intown location in Historic Summerhill is zoned R-4B-C, making it ideal for a variety of uses such as a single-family residence, single-family development, or multifamily. The property is versatile and can be used as a primary residence, short- or long-term rentals, student housing, etc., making it a perfect investment opportunity. Assemblage opportunity available. At the intersection of 3 major highways, connected by transit, and a short distance from the world’s busiest airport, Summerhill has been the redevelopment site of Atlanta’s former Olympic Stadium and surroundings. The 83-acre mixed- use project is underway, with Publix as the anchor. To date, there is over $1B in investment either constructed or planned. Today, Historic Summerhill is a vibrant community, with a thriving arts & culture scene, an active business district, and several beautiful parks and green spaces. Minutes away are GA State University’s Main Campus, the GA State Capitol, Center Parc Stadium (formerly Brave’s Turner Field), The Atlanta Beltline, Grant Park, Zoo Atlanta, and The Beacon Atlanta. The Summerhill Commercial District, including Georgia Avenue which is home to some of Atlanta’s best chefs and retailers are just a step away. Summerhill is a unique and special place. It is a neighborhood that is beloved by its residents and visitors alike, and it continues to be an important part of the fabric of the city of Atlanta.