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Development Site & Adaptive Reuse Warehouse 765 North Ave NE 18,300 SF Retail Building Atlanta, GA 30306 For Sale
Executive Summary
765 North Ave NE and 591 Somerset Ter NE provide an exceptionally rare opportunity to acquire a ±1.0 acre corner site with an existing ±18,300 SF warehouse, steps from the Eastside BeltLine and complemented by high-visibility frontage along one of Atlanta’s most heavily traveled corridors.
• ±1.0 Acre corner parcel at the intersection of North Ave NE & Somerset Terrace
• Vacant ±18,300 SF warehouse with 18’ clear heights
• Located directly off the Atlanta Beltline Eastside Trail
• Steps from Ponce City Market and New City’s Fourth Ward developments
• Fantastic retail visibility on corner parcel on North Ave with two access points
• Site ideal for ground-up development into mixed-use, residential, retail, or hospitality
• Former Atlanta Royal Crown Cola Bottling Company headquarters (“The Plant”) built in 1955
• Existing building provides an incredible opportunity for adaptive reuse into showroom, entertainment, brewery, creative office, or food hall
• Opportunity to preserve and incorporate authentic industrial character into a modern redevelopment
• ±1.0 Acre corner parcel at the intersection of North Ave NE & Somerset Terrace
• Vacant ±18,300 SF warehouse with 18’ clear heights
• Located directly off the Atlanta Beltline Eastside Trail
• Steps from Ponce City Market and New City’s Fourth Ward developments
• Fantastic retail visibility on corner parcel on North Ave with two access points
• Site ideal for ground-up development into mixed-use, residential, retail, or hospitality
• Former Atlanta Royal Crown Cola Bottling Company headquarters (“The Plant”) built in 1955
• Existing building provides an incredible opportunity for adaptive reuse into showroom, entertainment, brewery, creative office, or food hall
• Opportunity to preserve and incorporate authentic industrial character into a modern redevelopment
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
18,300 SF
Building Class
B
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
1.00 AC
Zoning
Mixed-Use, Subarea 5 - Poncey-Highland Historic District - BeltLine
Parking
28 Spaces (1.53 Spaces per 1,000 SF Leased)
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-0018-0003-007-3 | Improvements Assessment | $491,400 |
| Land Assessment | $275,080 | Total Assessment | $766,480 |
Property Taxes
Parcel Number
14-0018-0003-007-3
Land Assessment
$275,080
Improvements Assessment
$491,400
Total Assessment
$766,480
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Development Site & Adaptive Reuse Warehouse | 765 North Ave NE
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