For the latest installment of Any Big Ideas?, we turn our focus to a corner property that has potential to be just about anything—provided it fits on a postage-stamp lot and isn’t too tall—in the fun, funky bosom of East Atlanta Village.
The 562 Gresham Avenue commercial property is currently home to Nabores Cleaners but recently came to market. The asking price is $395,000, as listed with Widespread Commercial Group.
That price gets a squat, brick-built structure from the 1950s (with a side of floating stairs and graffiti). The building spans 1,220 square feet, for a breakdown of about $324 per square foot.
The Gresham Avenue property today, tucked about a block south of EAV attractions such as Banshee restaurant and the new Southern Feed Store Food Hall. Widespread Commercial Group
It’s located immediately west of a 29-unit townhome community recently built by Toll Brothers called Portland Row, and just south of So Ba Vietnamese restaurant and late-night favorite Octopus Bar.
As the listing notes, local standards Midway Pub, Flat Iron, Holy Taco, and Grant Central Pizza, in addition to the new Southern Feed Store Food Hall, are within an easy stumble.
The EAV location, in red, of 562 Gresham Avenue SE.Google Maps
Zoned NC-2, which in Atlanta allows for most light commercial uses, the building is marketed as being perfect for an owner-occupant or as an investment property. The land spans about 1/10th of an acre, with 80 feet of street frontage and 50 feet of depth.
Skedaddle up to the gallery for a closer look, and deposit any big, brilliant ideas in the comments section below.
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