Description

351–361 Moreland Avenue offers a rare opportunity to acquire a 23,510-square-foot mixed-use property situated on approximately 0.80 acres along one of Atlanta’s most visible and culturally established commercial corridors. Located in the heart of Little Five Points between the affluent neighborhoods of Inman Park and Candler Park, the property benefits from strong district identity, high surrounding household incomes, and consistent consumer traffic. Fronting Moreland Avenue with traffic counts of approximately 30,600 vehicles per day (GDOT 2024), the asset provides exceptional visibility and signage exposure. The property includes approximately 44 onsite parking spaces, a valuable amenity within this dense infill corridor and a significant advantage for restaurant, hospitality, medical, or experiential retail users. The two-story building underwent a comprehensive renovation in 2003, including upgrades to major mechanical systems, and features existing restaurant infrastructure, patio seating areas, shared restrooms, and second-floor office or flex space. Spanning two parcels that operate as a single economic unit, both parcels are offered together as part of the sale. Priced at $6,500,000, or approximately $276 per square foot, the offering presents an attractive basis relative to replacement cost while providing substantial upside through repositioning and lease-up opportunities. Investors have the potential to unlock additional value through strategic re-tenanting and redevelopment within one of Atlanta’s most dynamic urban submarkets.