783 Cascade AVE SW, Atlanta, GA 30310 - MLS#7474684 - Rains Team

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,368 sqft

Price per Sqft $118

MLS Listing ID 7474684

Year Built 1930

Annual Tax Amount $1,946

Tax Year 2023

Lot Size 0.397 Acres

Property Description

Investors! Strategic Location, Convenience and Urban Appeal! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly neighborhoods of Atlanta. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street, is the very popular Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection (Casade/Beecher/Westboro). The nearby Oasis Apartments have been recently renovated. /////////////////////

ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (known as 0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accomodating category. 0 Beecher is zoned R-4. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. /////////////////////////

DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2- Tear down for retail or other commercial use. 3? Rehab the existing home to a 4-5 bedroom property, and add garage or workshop in the rear. ARV's in the area are $550,000 - $600,000. 4 -Tear down and new construction. 5- Create access for 0 Beecher (possibly via a shared driveway easement) and have two lots. 6- Buy and hold for appreciation.

Location

State GA

County Fulton

Zoning NC-14

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Flooring None

Exterior

Garage See Remarks

Fence None

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available

Waterfront Description None

View City

Roof Type Asbestos Shingle

Building

Lot Description Level,Rectangular Lot

Story One

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick 4 Sides

New Construction No

Others

Acceptable Financing Cash,Conventional,FHA,FHA 203(k),USDA Loan,VA Loan

Listing Terms Cash,Conventional,FHA,FHA 203(k),USDA Loan,VA Loan

Special Listing Condition None