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Investment Highlights

  • MRC-1 Zoning (Retail, Office, Mixed-Use Allowed)
  • High Traffic, Corner / High Visibility Lakewood Ave Frontage
  • Adaptive Reuse or Redevelopment Potential
  • Three Separate Suites (A, B, C) with a private office
  • Value-Add Renovation Opportunity
  • Strong Investor / Developer Demand Area

Executive Summary

Prime redevelopment opportunity located on the highly visible Lakewood Ave corridor in Atlanta. This offering includes a three-suite commercial building positioned on an MRC-1 zoned parcel, allowing for a wide range of commercial and residential uses.
The existing structure consists of three distinct suites (Suite A, B, and C) with a stepped building configuration, providing flexibility for adaptive reuse, office conversion, or repositioning as a small retail or service-oriented asset.
The property benefits from strong street frontage, high daily traffic counts, and proximity to ongoing redevelopment in the Lakewood / South Atlanta submarket. Minutes from Downtown/Midtown Atlanta and Hartsfield-Jackson Airport access via I-75/85, proximity to the Atlanta BeltLine Southside Trail, and adjacency to Cellaris Lakewood Amphitheater concert venue, South Bend Park, Tyler Perry Studio, Cinespace Studios.
Ideal for investors, developers, or owner-users seeking a value-add opportunity with upside through renovation or redevelopment.
Conceptual plans support a modern office / studio conversion with rooftop access potential, enhancing usability and long-term value.
Highlights:
- MRC-1 Zoning (mixed-use flexibility of retail, office, and residential uses)
- Three-suite configuration with a private office
- High visibility corridor location
- Strong adaptive reuse potential
- Value-add / redevelopment opportunity
- Close proximity to downtown Atlanta and major corridors

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,058 SF
Building Class
C
Year Built
1960
Price
$346,930 CAD
Price Per SF
$168.58 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.07 AC
Zoning
MRC-1 - MRC-1 zoning allows retail, office, residential, and mixed-use development in a high-visibility neighborhood corridor location.
Parking
5 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
230’ on Lakewood Ave

Amenities

  • Corner Lot
  • Fiber Optic Internet
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
14-0058-0002-052-1
Land Assessment
$33,226 CAD
Improvements Assessment
$12,942 CAD
Total Assessment
$46,169 CAD
  • Listing ID: 40381001

  • Date on Market: 2026-05-02

  • Last Updated:

  • Address: 1958 Lakewood Ave SE, Atlanta, GA 30315

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