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Heart of Little 5 Points 351-361 Moreland Ave 23,510 SF 100% Leased Retail Building Atlanta, GA 30307 $8,859,110 CAD ($376.82 CAD/SF)



Investment Highlights
- 23,741 SF mixed-use building on ±0.80 acres in the heart of Little Five Points.
- Approximately 10,000 SF of flexible second-floor space suitable for office, wellness, or creative uses.
- Near-term vacancy creates a rare opportunity to reposition and re-tenant a large infill asset.
- Two second-generation restaurant spaces with patio seating and existing infrastructure.
- Prominent Moreland Avenue frontage with ~30,600 vehicles per day and strong visibility.
Executive Summary
351–361 Moreland Avenue presents a rare opportunity to acquire control of a 23,510-square-foot mixed-use building situated on approximately 0.80 acres
along one of Atlanta’s most visible and culturally established commercial corridors. Positioned in the heart of Little Five Points and between the affluent
residential neighborhoods of Inman Park and Candler Park, the property benefits from long-standing district identity, strong surrounding household income,
and consistent consumer traffic patterns. Fronting Moreland Avenue with approximately 30,600 vehicles per day (GDOT 2024), the asset offers exceptional
visibility and signage exposure.
The property includes approximately 44 onsite parking spaces, a meaningful amenity within this infill corridor and a critical component for restaurant,
hospitality, medical, or experiential retail concepts. The two-story structure was comprehensively renovated in 2003, including replacement of major
mechanical systems, and includes established restaurant infrastructure, patio areas, shared restrooms, and second-floor office/flex space. The building
spans two parcels that function as a single economic unit and must convey together.
Offered at $6,500,000, or approximately $276 per square foot, the property presents an attractive basis relative to replacement cost and provides meaningful
upside through repositioning and lease-up, creating an opportunity for investors to unlock additional value through strategic re-tenanting.
along one of Atlanta’s most visible and culturally established commercial corridors. Positioned in the heart of Little Five Points and between the affluent
residential neighborhoods of Inman Park and Candler Park, the property benefits from long-standing district identity, strong surrounding household income,
and consistent consumer traffic patterns. Fronting Moreland Avenue with approximately 30,600 vehicles per day (GDOT 2024), the asset offers exceptional
visibility and signage exposure.
The property includes approximately 44 onsite parking spaces, a meaningful amenity within this infill corridor and a critical component for restaurant,
hospitality, medical, or experiential retail concepts. The two-story structure was comprehensively renovated in 2003, including replacement of major
mechanical systems, and includes established restaurant infrastructure, patio areas, shared restrooms, and second-floor office/flex space. The building
spans two parcels that function as a single economic unit and must convey together.
Offered at $6,500,000, or approximately $276 per square foot, the property presents an attractive basis relative to replacement cost and provides meaningful
upside through repositioning and lease-up, creating an opportunity for investors to unlock additional value through strategic re-tenanting.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
23,510 SF
Building Class
C
Year Built/Renovated
1953/2021
Price
$8,859,110 CAD
Price Per SF
$376.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.80 AC
Zoning
C1, Atlanta - Located within City of Atlanta - Dekalb County - Zoning District NC-1
Parking
46 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
210’ on Moreland Ave
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-209-04-270 | Improvements Assessment | $730,760 CAD (2025) |
| Land Assessment | $256,754 CAD (2025) | Total Assessment | $987,514 CAD (2025) |
Property Taxes
Parcel Number
15-209-04-270
Land Assessment
$256,754 CAD (2025)
Improvements Assessment
$730,760 CAD (2025)
Total Assessment
$987,514 CAD (2025)
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Heart of Little 5 Points | 351-361 Moreland Ave
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