1094 Piedmont Ave NE, Atlanta, GA, 30309, US

12th & Everything

Asset description

JLL is pleased to present the opportunity to acquire 12th & Everything (the “Property” or “Properties”). The offering includes two commercial buildings on a single 0.31-acre parcel. 1084 Piedmont Avenue NE features a 1,372 SF commercial building constructed in 1948. The second structure, which used to have the 1094 Piedmont Avenue address before parcel consolidation, is a 2,400 SF building that was built around 1930. The property is zoned SPI-17 SA2 (Special Public Interest District 17, Piedmont North Subarea). The current zoning allows for a mix of residential and commercial uses.

12th & Everything is a unique opportunity for an investor to be directly across from Piedmont Park. Currently, almost all properties fronting Piedmont Park are condos and townhomes and have fractionalized ownership. 12th & Everything is the only commercial adaptive re-use or residential development opportunity situated directly across from Atlanta’s keystone park. A buyer has the ability to preserve the existing structures through thoughtful renovations – and will have access to previous plans drafted by the seller. A buyer also has the opportunity t redevelop the property into a boutique luxury community.

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Attributes

Land area gross

0.31 acres

Buildings

Zoning

SPI-17 SA2

Building area net

3,772 sf

Media

Investment highlights

Steps from Piedmont Park: Property is directly across from Piedmont Park’s “Front Gate”, which is the gravitational center for all festivities held at the park.

Last Commercial Adaptive- Reuse Opportunity: The Property is one of the only existing commercial properties in a highly dense residential corridor.

Flexible mixed-use zoning: Property is zoned for up to 5,000 sf of retail and restaurant space or 20,000 sf of residential space.

Atlanta’s Premiere Boutique Residential Development Site: Ability to create a very high end townhome or Condo project on site.