Why enter another bidding war on a value-add MF development? Move Quickly to secure nearly 2 full acres in Downtown East Point. Parcel is flanked on 3 sides by major roads in the heart of Downtown Co zoned as of right for MultiFamily and Mixed Use. Just 3 blocks from the East Point MARTA station, across Church Street from popular Resurgence Hall Charter School, this parcel is fully entitled! A Brand New Downtown Overlay District Zoning was codified in 2021 that allows up to 5 stories of MF or Mixed Use Units to be built as-of-right. Current structure must be demolished (cost of demo = approx. $40k). Sale comes with full entitlements, survey, Phase 1 & 2 Environmentals, Soil Survey; all the time-consuming due diligence is already done. Just get LDP/Site Plan/Building Permits approved and get busy converting this teardown into your desired new construction preferred use. Tri Cities is BOOMING Co home values are up 22.4% in last 12 months vs +11.7% in FulCo and -0.7% in Metro ATL. 70 Walk Score, $50k Median Household Income, convenient to MARTA/Airport in Fulton CountyCOs 6th largest City.
Property Features
1.97
8241.00
Other
Public Sewer
Public
Exterior Features
Fenced
Corner Lot
City Lot
Level
Near Public Transit
Parking Lot
None
Other
Commercial Sale
Interior Features
Other
Other
Other
Courtesy of The Collective Luxury Real Est
Thank You!
We received your Showing Request.
Feel free to call (904) 280-3000 for immediate assistance.