Investment Overview
765 North Ave NE and 591 Somerset Ter NE provide an exceptionally rare opportunity to acquire a ±1.0 acre corner site with an existing ±18,300 SF warehouse, steps from the Eastside BeltLine and complemented by high-visibility frontage along one of Atlanta’s most heavily traveled corridors.
Investment Highlights
- ±1.0 Acre corner parcel at the intersection of North Ave NE & Somerset Terrace
- Vacant ±18,300 SF warehouse with 18’ clear heights
- Located directly off the Atlanta Beltline Eastside Trail
- Steps from Ponce City Market and New City’s Fourth Ward developments.
- Fantastic retail visibility on corner parcel on North Ave with two access points
- Site ideal for ground-up development into mixed-use, residential, retail, or hospitality
- Former Atlanta Royal Crown Cola Bottling Company headquarters (“The Plant”) built in 1955
- Existing building provides an incredible opportunity for adaptive reuse into showroom, entertainment, brewery, creative office, or food hall.
- Opportunity to preserve and incorporate authentic industrial character into a modern redevelopment