175 Moreland AVE SE new

Atlanta,GA 30316

$ 749900

- Bed

- Bath

1900 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $394

MLS Listing ID 7500704

Year Built 1930

Annual Tax Amount $10,063

Tax Year 2024

Lot Size 7,492 Sqft

Property Description

175 Moreland Ave sits on an incredible, highly visible location directly in the path of progress along the rapidly developing Memorial Drive and Moreland Ave corridors with traffic counts of +/-55,000 VPD (vehicles per day). The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many popular neighborhoods of Atlanta --Reynoldstown/Cabbagetown/Edgewood/L5P are just mere minutes away. It is presently zoned a desirable R-5 which allows the addition of an ADU, or redevelopment to a zero lot line duplex (refer to attached city ordinance on R5 permitted uses). Currently an active income-producing property - a short term rental and content creation studio; it would also make an amazing live/work building for a home-based business. With the neighboring lot already zoned a C-1, there should not be an issue to get this up-zoned to a commercial lot. For those with a vision for transformation, this property is the ideal canvas serving a versatile foundation for creative redevelopment, promising exciting avenues for future projects. Whether you choose to refurbish the existing layout or explore new possibilities, the opportunities are limitless. This property will be sold as-is where-is, presenting an opportunity for investors to shape its future according to their vision. Don't miss out.

Location

State GA

County Fulton

Zoning R5

Rooms

Other Rooms None

Interior

Heating Central,Natural Gas

Cooling Central Air,Electric

Flooring Ceramic Tile,Hardwood

Exterior

Parking Features Parking Lot

Fence Fenced

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available

Waterfront Description None

View City,Other

Roof Type Other

Building

Lot Description Level

Story One

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Stone,Stucco

New Construction No

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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