Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

887 W Marietta St NW - King Plow Arts Center 7,585 - 12,500 SF Office/Retail Condo Units in Atlanta, GA 30318

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

King Plow Arts center began as an antiquated plow factory, but has been transformed into an arts community and center for commercial, performing and visual arts. In 1990, the owners designed a plan to build affordable live/work studios, commercial artist spaces, art galleries, areas designed for the performing arts, and a restaurant within the buildings while preserving their historic and architectural significance. King Plow consists of sixteen buildings, on 12.5 acres with approximately 256,000 square feet including common hallways. The King Plow Arts Center currently has more than one hundred tenants and condominium owners representing ne, commercial and performing arts. Tenants representing fine art areas include: photographers, sculptors, painters, and metal smiths. The commercial arts are represented by a floral sculptor, architectural firms, interior designers, a modeling agency, graphic design rms, advertising agencies, multi-media designers, and several product & fashion photographers. In 2003, King Plow Arts Center became the first Historic live/work/loft/office/commercial condominium in the city. The arts center now consists of live/work studios, commercial office spaces, special event facilities, Actor's Express Theater, Bold American Food Co. catering, Paul Mitchell hair school, and Terminal West concert venue. King Plow is the largest center of its kind in the city and has become a significant part of Atlanta’s arts community. King Plow Arts Center is pleased to serve as a model of adaptive reuse of historic structures and as a catalyst for the proposed Marietta Street Arts Corridor.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 169,000 SF
Property Type Office
Property Subtype
Loft/Creative Space
  • Office Office Residential
Building Class A
Floors 2
Typical Floor Size 135,000 SF
Year Built 1922
Lot Size 7.90 AC
Parking Ratio 1.3/1,000 SF
Zoning C2-C - General Commercial w/ Conditions

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Property Manager on Site
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Storage Space
  • PATH
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

2 UNITS AVAILABLE

Unit A

Unit Size 12,500 SF
Condo Use Office/Retail
Sale Type Investment
APN/Parcel ID 17-0150-LL-105-0
DESCRIPTION

Premier 12,500sf stand-alone building within the King Plow complex in West Midtown. Currently 100% leased to Paul Mitchell. Tenant has three years of remaining lease term, providing the opportunity to renew tenant to market rate or redevelop the site.

SALE NOTES

Secure Investment: This prestigious commercial building is currently leased to Paul Mitchell Hair School, a renowned brand with over 100 locations worldwide. Benefit from a reliable corporate lease with a well established tenant.

Three Years Remaining With No Remaining Options: The lease term offers stability and immediate income
for the next three years. Enjoy consistent rental payments and the assurance of a trusted tenant during this
period.

Flexibility for Future: As the new buyer, you have several options at the end of the lease term:

  • Recapture Space: Reclaim the space and market for a long-term tenant or reposition according to your
    vision and market demand.
  • Redevelopment Potential: Utilize the prime location and existing structure to embark on a redevelopment
    project. Capitalize on the neighborhood's growth and create a new landmark property.
    Investment Opportunity: Hold the property as an investment, benefiting from a well-capitalized tenant.
    Enjoy potential appreciation and stable rental income.

Unit B

Unit Size 7,585 SF
Condo Use Office/Retail
Sale Type Investment or Owner User
DESCRIPTION

o 887 West Marietta, Suite B is a unique live-work unit in the King Plow Arts Center. The loft is an expansive 7,585 square foot light-filled studio located in what was once a turn-of-the-century plow factory. The studio’s soaring 25-foot ceilings and more than 2,000 panes of glass provide boundless natural light. The space is currently built out with event space, living area, full kitchen, 25’ cyc wall, make-up studio, office space, and additional gathering rooms. A buyer could continue to use this as a live-work studio or convert it to 100% office or specialized use.

1Studio South2S3U1088_1
Daylight room
daylight roomIMG_4178
Production room #2
Upper loft_MG_8689

+5 More

Gathering Room
View Photo 1Studio South2S3U1088_1
View Photo Daylight room
View Photo daylight roomIMG_4178
View Photo Production room #2
View Photo Upper loft_MG_8689
View Photo Gathering Room
View Photo 1Studio 2S3U1069
View Photo 1Studio 2S3U1133
View Photo 1 Studio Corner cyc_MG_9223
View Photo 1Studio Mezzanine Office2S3U1119
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 28828513

  • Date on Market: 2023-06-22

  • Last Updated:

  • Address: 887 W Marietta St NW, Atlanta, GA 30318

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}