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½ Mile from Beltline's Westside Trail ½ mile from Beltline’s Westside Trail 1254 MURPHY AVE. Atlanta Georgia, 30310 1950s warehouses, partially renovated into residential, retail and maker/utility spaces. EXECUTIVE SUMMARY Atlanta Leasing Investment is pleased to offer 1254 Murphy Avenue (the “Property”) for purchase. The Property consists of 3 buildings totaling +/- 21,040 square feet on a 1.10 acre lot in Atlanta’s Capitol View/Adair Park neighborhood. The buildings are currently divided into 4 areas: 1) 3,200 SF private residence/office 2) 2,740 SF multi-use 3) 6,800 SF vehicle shop/showroom and 4) 8,300 SF leased to SWATL Health + Fitness aka CrossFit AllFit. IMPROVEMENT HIGHLIGHTS Meticulously maintained buildings; exterior OFFERING PRICE Please inquire composed of brick, glass and block. ADDRESS 1254 Murphy Ave, Atlanta, GA 30310 Refurbished, efficiency roof with solar panels. SQUARE FEET 21,040 Many of the structures’ windows, doors, ACREAGE 1.10 acres (47,916 SF) plumbing, electrical, and HVAC systems have been refurbished or replaced. I-1-C/BL (Light Industrial-Conditional), ZONING Beltline Overlay District Located in Qualified Opportunity Zone Private, gated one acre lot. and Beltline Tax Allocation District City Council District 12, NPU-X PROPERTY PHOTOS PROPERTY PHOTOS PROPERTY PHOTOS PROPERTY PHOTOS FLOORPLAN +/- 2,740 SF Current: MULTI-USE +/- 1,600 SF Future: RESIDENTIAL or OFFICE/RESIDENTIAL MAKER SPACE +/- 1,600 SF OFFICE/RESIDENTIAL MEZZANINE MEZZANINE +/- 6,800 SF +/- 8,300 SF Current: Vehicle Shop/Showrom SWATL Health + Fitness Future: RESIDENTIAL/RETAIL aka. CrossFit AllFit AREA POINTS/DEVELOPMENTS OF INTEREST 1. 1254 Murphy Ave. 12. The Murphy Subject Property Cut-Rate Sylvan LLC (partnership between Urban Realty Partners, and RAF Capital - 2. Westside Reservior Park same partnership as the GlenCastle The defunct 350-acre Bellwood Quarry is in project) has plans to develop The Murphy. the early stages of a more than 10-year The Murphy is an 115,000 square foot, transformation to become Westside historic adaptive reuse project that will Reservoir Park, the city’s largest greenspace. repurpose 2 buildings in the West End from multi-story warehouse to Creative 3. The MET Oces. 1 million SF redevelopment of the Candler Warehouse into a community of spaces for 13. Pittsburgh Yards oce, makers, creative/event, lm & 32 acre multifaceted adaptive-reuse technology and retail/restaurant venture spearheaded by the Annie E. Casey Foundation Morehouse College 4. Lee + White Larkin on Memorial 14. Tyler Perry Studios 426,000 SF adaptive reuse development of 16. Westview Cemetery 14 warehouse buildings into creative In 2019, Tyler Perry Studios ocially moved Westview Cemetery, located in Atlanta, mixed-use campus spanning 23 acres into 330 acres of the former Fort McPher- Georgia, is the largest civilian cemetery in alongside westside beltline trail 6. Larkin on Memorial son complex in southwest Atlanta the Southeastern United States, compris- $18M mixed use redevelopment 63K SF 5. Proctor Creek Greenway 15. Morehouse College ing more than 582 acres, 50% of which is retail Restaurants include Taqueria del Sol undeveloped. Westview includes the Multi-purpose trail stringing together more The mission of Morehouse College is to & Ramen Station graves of more than 100,000 people. than 400 acres of greenspace, spanning from develop men with disciplined minds who Maddox Park alng the Beltline Westside Trail will lead lives of leadership and service. A 7. King Memorial MARTA Station 17. Spelman College all the way to the Chattahoochee River. The & TOD at King MARTA Station private historically black liberal arts college Spelman College is a private, liberal arts, trail will connect the Westside Reservoir Park for men, Morehouse realizes this mission $60M proposed development 400 women's college in Atlanta, Georgia. The and Grove Park along the way.Lorem ipsum by emphasizing the intellectual and multifamily unit college is part of the Atlanta University character development of its students. In Center academic consortium in Atlanta. 8. Memorial Drive Restaurant Cluster addition, the College assumes special Six Feet Under, Ria's Bluebird, Petit Chou, responsibility for teaching the history and 18. Clark Atlanta University culture of black people. Octane, Doc Chey’s Clark Atlanta University is a private, coeducational, historically black university 9. Mall at West End in Atlanta, Georgia. It was formed in 1988 450 residential units, 170,000 SF of retail, with the consolidation of Clark College and 400 hotel rooms, and 500K SF of oces Atlanta University. 10. Summerhill 19. Oakland City Station 1,000 residential units; 75K SF 11. Academy Lofts at Adair Park 20. West End Station Historic redevelopment of the Adair West End is an elevated rail station on the Elementary school; 35 aordable Red and Gold lines of the Metropolitan micro-units for live/work space; coee Atlanta Rapid Transit Authority (MARTA) shop; commercial oce space rail system servicing the West End and most of Southwest Atlanta, including neighborhoods bordering Cascade Road Westside Reservior Park Pittsburgh Yards and Metropolitan Parkway. AREA POINTS/DEVELOPMENTS OF INTEREST 2 5 18 7 16 15 8 17 6 9 3 10 20 4 11 12 13 1 1254 Murphy Ave. 19 BELTLINE EASTSIDE TRAIL 14 CURRENT TRAIL PLANNED ZONING SUBJECT AtlantaLeasing.com/1254MurphyAve DAVID AYNES Managing Broker 404-348-4448 [email protected].
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