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Fully Equipped Restaurant For Sale or For Lease

1550 Oglethorpe Ave. , Athens, GA, 30606
For Sale or Lease

Property Details

  • Price: $850,000
  • Property Type: Restaurant
  • Availability: Available
  • Transaction Type: For Sale or Lease
  • Building Size: 3,711 SF
  • Year Built: 1968
  • Parking: On Site
  • Tenancy: Single Tenant
  • Zoning Description: C-N
  • APN/Parcel ID: 0113 025A
  • Units: 1
  • Year Renovated: 2021
  • Lease Rate : $8000/Month Fully Equipped

Property Description

1550 Oglethorpe Road, Athens, GA, is a ±3,711 SF freestanding building built in 1968 positioned along a high-traffic commercial corridor just off Loop 10 (Exit 15) on a 0.25-acre parcel with 78′ of frontage along Oglethorpe Avenue.

Renovated in 2021, it is currently configured as a neighborhood restaurant and bar featuring a spacious dining area, dedicated prep and grill kitchens, a private office, and a separate bar/lounge area, offering an experience that sets the property apart in today’s competitive hospitality market. The 900 SF rooftop patio offers additional seating and creates an immediate “cool factor,” offering open-air dining ideal for sunset cocktails, private events, and high-energy weekend traffic. Perfect for those IG accounts! With its ambiance and visual appeal, this asset offers a blend of revenue potential and restaurant differentiation for an operator looking to capitalize on something unique. This location offers strong visibility, convenient access, and proximity to established office and neighborhood commercial users that generate consistent drive-by traffic.

1550 Oglethorpe Ave. is a versatile investment opportunity as a turnkey restaurant or as a creative redevelopment project for professional office, medical, showroom, or retail use.

For Sale

  • FFE included: $850,000

For Lease

  • FFE Included: $8,000/MO, plus Taxes, Insurance & Utilities
  • Vacant-No FFE: $6,500/MO, plus Taxes, Insurance & Utilities

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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