Two Commercial Condos For Sale

Excellent location facing Peachtree Street, next door to the Bank of America Plaza, near the Fox Theatre, MARTA train station, and more. Within a 1/2 mile radius: There are 5723 apartment units with 460 units under construction, and many more condo units that are not tracked. For student housing, 5910 beds and 1,048 under construction. There is 11.4 million SF of office with 400,000 SF under construction. For hospitality, there are 2,410 hotel rooms. There is 675,000 SF of retail. (per Costar). Emory Midtown Hospital is down the street and has 531 beds. Across the street is the 115,000SF Emory Proton Treatment Center, the first of its kind in Georgia.This offering is two prime ground-floor vacant restaurant condos in the Windsor Over Peachtree condo building, right in the heart of Midtown Atlanta on Peachtree Street and North Avenue. These are excellent opportunities for restaurants, retail or for medical use. The larger suite, formerly the Midtown Diner, is 5,450 SF and ready for renovation. The smaller suite, formerly Subway, is 1,450 SF and is nearly move-in ready. With excellent visibility from Peachtree Street and North Avenue, the property benefits from 30,900 vehicles passing daily and heavy foot traffic from nearby hotels, office buildings, Emory Midtown Hospital, the Fox Theatre, and the Bank of America Tower across the street. This is a high-traffic, high-exposure location ideal for restaurant or retail use. The owner gets one tax bill and one HOA bill and has been splitting them 22% / 78%. Taxes have been $17,250 and HOA has been $31,000 per year. The HOA amount includes base property insurance and water. The tenants had been reimbursing the landlord for all of this, and new tenants are expected to as well.