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175 Moreland Ave SE 3,000 SF Specialty Building Offered at $903,877 CAD in Atlanta, GA 30316
Investment Highlights
- Heavy day time traffic
- Possible expansion to commercial
- Open floorplan
- ADU allowed and redevelopment to multifamily
Executive Summary
175 Moreland Ave sits on an incredible, highly visible location directly in the path of progress along the rapidly developing Memorial Drive and Moreland Ave corridors with traffic counts of +/-55,000 VPD (vehicles per day). The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many popular neighborhoods of Atlanta --Reynoldstown/Cabbagetown/Edgewood/L5P are just mere minutes away. It is presently zoned a desirable R-5 which allows the addition of an ADU, or redevelopment to a zero lot line duplex (refer to attached city ordinance on R5 permitted uses). Currently an active income-producing property - a short term rental and content creation studio; it would also make an amazing live/work building for a home-based business. With the neighboring lot already zoned a C-3, there should not be an issue to get this up-zoned to a commercial lot. For those with a vision for transformation, this property is the ideal canvas serving a versatile foundation for creative redevelopment, promising exciting avenues for future projects. Whether you choose to refurbish the existing layout or explore new possibilities, the opportunities are limitless. This property will be sold as-is where-is, presenting an opportunity for investors to shape its future according to their vision. Don't miss out.
Property Facts
Amenities
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-0013-0011-041-7 | Improvements Assessment | $227,175 CAD |
| Land Assessment | $123,218 CAD | Total Assessment | $350,394 CAD |
Property Taxes
Parcel Number
14-0013-0011-041-7
Land Assessment
$123,218 CAD
Improvements Assessment
$227,175 CAD
Total Assessment
$350,394 CAD
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Presented by
ERA Foster & Bond
175 Moreland Ave SE
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