A row of properties in Old Fourth Ward that’s been little more than a vacant eyesore in recent memory has come to market near several drivers of new investment. 

Located between 568 and 582 Decatur St., at the southern edge of Old Fourth Ward along MARTA’s east-west line, the full assemblage is being marketed as a flexible, enticing redevelopment opportunity two blocks from the Atlanta Beltline’s popular Eastside Trail. 

The full .61-acre combined site is asking $4.52 million, or it can be split into less expensive east and west parcels, according to Price Realty Group and Commercial Advisors. 

Formerly a scrapyard, the four properties in question are currently zoned for a mix of industrial and residential uses (I-1 and R-5) near the corner of Decatur Street and Bradley Street.  

Rough scope of the combined properties in question at Old Fourth Ward's southern edge, with the Beltline's Eastside Trail at right. Google Maps

At the corner of Decatur and Bradley streets, this computer-assisted image lends an idea of redevelopment potential, according to recent listings. Price Realty Group and Commercial Advisors/GAMLS

The properties share a block with Dad’s Garage Theatre Company and comedy emporium, a converted former church.   

Across the street to the west, toward downtown, is the King of Pops Worldwide HQ. Also down the street, in the same direction, are neighborhood attractions O4W Market and Fetch Park O4W, with the Edgewood Avenue food and beverage district just to the north. 

According to listings, the City of Atlanta’s Comprehensive Development Plan calls for the Decatur Street properties to become medium-density residential, pending rezoning and city approvals. 

Condition of the eastern corner in question (568, 570, and 574 Decatur St. SE). Google Maps

The Walk Score for the corner in question is top-flight by Atlanta standards—a 93 “Walker’s Paradise,” while the Bike Score is also strong at 88, or “Very Bikeable,” though pedaling down Decatur Street isn’t advisable for novices. 

The Transit Score of 69, meanwhile, qualifies as “good.”

The offerings aren’t without challenges and aren’t inexpensive, but it’s not every day such a large slice of eastside property becomes available so close to the Beltline. Hmm. 

Location of the Old Fourth Ward parcels in question, in the broader context of neighborhoods directly east of downtown. Google Maps

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