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Lakewood Ave Mixed-Use / Office Redevelopment 1958 Lakewood Ave SE 2,058 SF Vacant Retail Building Atlanta, GA 30315 $346,930 CAD ($168.58 CAD/SF)



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
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
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
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
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
| Parcel Number | 14-0058-0002-052-1 | Improvements Assessment | $12,942 CAD |
| Land Assessment | $33,226 CAD | Total Assessment | $46,169 CAD |
Property Taxes
Parcel Number
14-0058-0002-052-1
Land Assessment
$33,226 CAD
Improvements Assessment
$12,942 CAD
Total Assessment
$46,169 CAD
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Presented by
Studio Driven LLC
Lakewood Ave Mixed-Use / Office Redevelopment | 1958 Lakewood Ave SE
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