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1720 Washington Ave
East Point, GA 30344

$2,300,000 USD

Land For Sale  •  1.97 AC

Property Details

  • Property Type Land
  • Lot Size 1.97 AC
  • Zoning Downtown Overlay District
63 Transit Score
70 Walk Score

Description

Former VW Dealership in East Point. Originally intended for adaptive re-use, and Due Diligence was largely complete (see attachments for all the work product available with this sale). City of East Point decided they want the existing structure demolished, and property was sold. New Owner has reduced price $400k below Appraised Value of $2.3M to a list price of $1,900,000 in order to produce a quick sale. All entitlements are complete for 5-story Mixed Use or Multifamily to be built as of right. Nearly 2 acres in heart of Downtown East Point, 3 blocks from MARTA Station, over 500 feet of road frontage, 159 of it on busy Washington Rd. ITP Close to Fort McPherson/TD Jakes Redevelopment, Tyler Perry Studios, Airport, Main Street (which goes from Mercedes-Benz Stadium all the way down to Sharpsburg). Get in now while you can, and build something you can hold long-term or fill and resell for a tidy profit!

Highlights

Downtown Near MARTA
Fully Entitled with Due Diligence Complete
Up and Coming Southern FulCo ITP

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
East Point (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 12 min - 5.4 mi
Alisha Houston 404-848-0996 Weichert Commercial
Alisha Houston 404-848-0996 Weichert Commercial