2635 Martin Luther King Junior Drive Southwest
2635 Martin Luther King Junior Drive Southwest | Atlanta, GA 30311-1604, US
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property
description
This Offering presents a compelling value-add investment opportunity at 2635-2637 MLK Jr Drive SW, Atlanta, GA 30311. The property, a 4, 130 square foot retail building on a 0.28-acre lot, is strategically located in a high-traffic corridor with significant redevelopment potential. While the building is currently in poor condition, it offers substantial upside through renovation and lease stabilization. With a current Net Operating Income (NOI) of approximately $41, 040 and a listing price of $645, 000, this asset provides an attractive entry point for investors seeking to capitalize on Atlanta's dynamic retail market.
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Discover the vibrant energy of Atlanta's historic Westside neighborhood, where the property is nestled. This dynamic area is teeming with potential, offering a prime investment opportunity for Retail and Street Retail investors. Surrounding the location, find renowned landmarks such as the historic Westview Cemetery and the Westside Reservoir Park, alongside an array of trendy shops, quaint cafes, and eclectic boutiques that draw in a diverse mix of locals and visitors. With its rich cultural heritage and bustling commercial activity, the area presents an exciting prospect for those seeking to capitalize on the city’s thriving retail scene.