Mixed-Use Commercial Building in Georgia

Sale of mixed-use commercial building located in Atlanta, Georgia. The Defoor Centre is a 24,746 SF mixed-use building located at 1710 Defoor Avenue in Atlanta's evolving and explosive Upper Westside submarket. This opportunity presents investors/operators unlimited potential and possibilities with huge value add through adaptive reuse or repositioning/redevelopment. Built in 1850 and renovated in 1997, the Defoor Centre offers investors/operators the opportunity to reposition the 24,746 SF building on a 1.26-acre lot. The property was used as one of Atlanta's premier event venues and was the ideal venue for private weddings, events, bar mitzvahs, corporate meetings and parties. The 5,500 SF hexagonal Forum Gallery served as the perfect for all types of events, up to 300 seated or 400 cocktail style, while the 2,900 SF Encore! Gallery holds 150 seated and 300 cocktail style in its unique space. This unique property offers direct access to Howell Mill Road and the economic drivers impacting this property include proximity to West Midtown and major corridors, the growth of creative loft and warehouse office, mixed-use and retail space and substantial affluent population growth. The Defoor Centre is located in the flourishing Midtown/Brookwood Retail submarket just one mile from 1-75 and nestled between Chattahoochee Avenue and Howell Mill Road. Over the last four years, Upper Westside has evolved from a warehouse/industrial district into a robust, urbanizing submarket with new and planned mixed-use, creative loft office and retail serving a growing population. Since 2014, almost 2M SF of adaptive re-use projects have delivered, are being developed or are planned within a 2.5 mile radius of the property.

Features:

• Property Type: Retail/Storefront Retail/Office
• Building Size: 26,336 SF
• Lot Size: 1.26 AC
• Built in 1850