tomo logo

$1,750,000

Beds
Unknown
sq ft
Unknown

1181 Lee St SW, Atlanta, GA 30310

1181 Lee St SW

Atlanta, GA 30310

  • 166 days on market
    • Open house Jan 19
Location, Location, Location! WEST END! BELTLINE PROPERTY! Offer for Sale 1181 LEE STREET. A mixed-use commercial property with over 6000sqft of space. Property currently boasts several chic fully completed salon suites on the ground floor and plenty of office spaces. There are 3 full bathrooms and 2 half baths for ultimate convenience. Upstairs on the 2nd floor, a cozy apartment awaits, featuring a modern kitchen, bathroom, and inviting living room. The property has 3 central HVAC units and ample parking spaces. Future Owner can modify and use building as Salon/Barber Shop, Office Space, Apartment Building, Micro Hotel, Rooming House, Airbnb, Airline Crash Pad, Restaurant, Bar, Night Club, Event Space, Convenience Store, TV Studio and Music Studio. New owner will have easy Access to I20, I85 & I75. Located Southwest of Downtown Atlanta. Historic West End Atlanta is a historic neighborhood known for its charming residents and vibrant community, having landmarks like the Wrens Nest, Hammonds House Museum, The Shrine of Black Madonna, University Center ((HBCU) Spelman College , Clark Atlanta University & Morehouse College), Beltline Trails & Lee+White for Atlanta dining/food, culture, community, shopping & nightlife... Don't miss this opportunity to own a piece of history. Land & Building for sale! No HOA, Fee Simple Ownership! On Supra! Tour by appointments Daily!

Details

Property type

Lot size

8,512 sq ft

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$4,087

HOA

No

Price History

08/05/2024
FMLS

FMLS #7432573

Listed
$1,750,000

Schools & Community

Neighborhood: 

Oakland City

Elementary school: 

F.L. Stanton

Middle school: 

Martin L. King Jr.

High school: 

Booker T. Washington

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Interbay Funding Llc

Loan start date

August 2007

Original loan amount

$343,000

Est. remaining balance

Not provided

Interest rate

6.63%

Loan type

Commercial, 20 year

Seller

Caffie Goodrum

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/18/2025 at 6:15 PM

Listing updated: 01/12/2025 at 5:15 PM

Listed by: Alecia Evans, Fathom Realty GA, LLC. Phone #: (888) 455-6040

MLS: FMLS #7432573

FMLS logo

Recently listed in Atlanta