Contacts
Andy Lundsberg
Bull Realty
(404) 876-1640
Property Details
- Property Type Multi-Family
- Property Size 246,000 SF
- Units 260
- Lot Size 3.25 Acre
- Date Updated Apr 10, 2024
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Highlights
- Total of ± 246,000 existing SF with parking deck/garage on ± 3.25 acres
- Zoned MRC-3C
- Building is currently gutted (concrete shell) with 98% of asbestos remediated (was a 406-room hotel with conference/banquet space and outdoor pool)
- Permitted and approved for a 260-unit apartment conversion, with 33,000 SF of retail | Seller has all architectural plans and 3rd party reports available
- Seller also has plans for 287 units with 23,000 SF of retail (no permits or approvals)
- Site has up to ± 773,000 SF of remaining FAR under the existing entitlements | Up to ± 915,000 SF of FAR with bonuses
- 400 existing parking spaces (mix of surface and covered)
- Located within walking distance of Downtown Atlanta, Georgia State University and the recently redeveloped Georgia Avenue in the popular Summerhill neighborhood
- Surrounded by the most vibrant and desirable neighborhoods in the metro area, including Grant Park, Cabbagetown and Downtown Atlanta | Easy access to I-85 and I-20
Attachments
Getting around
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Walk Score ®
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Location
- City Atlanta, GA
- Neighborhood Summerhill
- Zip Code 30312
- Market Atlanta
Points of Interest
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Georgia State
0.54 miles
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Garnett
0.64 miles
-
Five Points
0.82 miles
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Hurt Park
0.84 miles
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King Memorial
0.86 miles
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Park Place
0.88 miles
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Sweet Auburn Market
0.93 miles
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Woodruff Park
0.94 miles
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Auburn at Piedmont
0.96 miles
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Dobbs Plaza
1.03 miles
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Shell
0.47 miles
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Texaco
0.50 miles
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BP
0.55 miles
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BP
0.60 miles
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Shell
0.93 miles
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RaceTrac
1.06 miles
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Texaco
1.11 miles
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Exxon
1.11 miles
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Chevron
1.19 miles
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Exxon
1.21 miles
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Blue Lot
0.10 miles
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Green Lot
0.23 miles
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IBEW parking lot
0.32 miles
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Government Center Parking Deck
0.43 miles
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APS Parking Deck
0.50 miles
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Pete Hackney Deck
0.55 miles
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LAZ Parking Deck
0.56 miles
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City of Atlanta Public Safety - Parking Structure
0.57 miles
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Turner Field - Media Lot
0.62 miles
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K Deck
0.63 miles
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Four Points by Sheraton Atlanta Downtown
0.57 miles
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Country Inn & Suites
0.63 miles
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Grant Park Hotel
0.69 miles
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Fairfield Inn & Suites Atlanta Downtown
0.75 miles
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The Candler Hotel Atlanta, Curio Collection by Hilton
1.00 miles
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Clarion Inn & Suites Atlanta Downtown
1.02 miles
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Residence Inn Atlanta Downtown
1.02 miles
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Home2 Suites
1.02 miles
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REVERB by Hard Rock
1.03 miles
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E Hotel Downtown
1.03 miles
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Downtown Mini Mall
0.76 miles
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Auburn Discount Grocery
1.08 miles
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The Mall at Peachtree Center
1.24 miles
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The Atlanta Dairies
1.58 miles
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Publix
1.75 miles
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Walmart Supercenter
1.77 miles
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Big Bear Supermarket
1.83 miles
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Publix
1.97 miles
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Kroger
2.45 miles
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Kroger
2.45 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Andy Lundsberg
Bull Realty
(404) 876-1640