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Investment Highlights

  • Unique 1920's era construction and architectural details
  • Suitable for commercial and/or residential use
  • Lots of natural light and privacy
  • Large one+ acre lot, fenced and gated

Executive Summary

Prime investment in barriers to entry submarket. The property has potential density for development, with "Landmark" status within the Grove Park Apartments designation. Potential uses: boutique hotel, townhome, professional office space. Property tours arranged in advance.

Attachments

368 Ponce OM

Data Room Click Here to Access

Property Facts

Sale Type
Owner User
Sale Conditions
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,500 SF
Building Class
B
Year Built
1902
Price
$5,821,267 CAD
Price Per SF
$554.41 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,500 SF
Building FAR
0.23
Lot Size
1.07 AC
Zoning
C2 - Central Commercial
Parking
15 Spaces (1.43 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Fireplace
  • Kitchen
  • Accent Lighting
  • Storage Space
  • High Ceilings
  • Partitioned Offices
  • Shower Facilities
  • Hardwood Floors
  • Air Conditioning
  • Balcony
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
14-0048-0010-026-8
Land Assessment
$1,053,095 CAD
Improvements Assessment
$449,554 CAD
Total Assessment
$1,502,649 CAD
  • Listing ID: 26837683

  • Date on Market: 2022-10-12

  • Last Updated:

  • Address: 368 Ponce De Leon Ave NE, Atlanta, GA 30308

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