News
Atlanta Commercial Real Estate

4-ALARM SALE

After struggling through foreclosure, a historic downtown property once used as a firestation has new owners.
 
Jeff Schaffer  with Schaffer & Associates in Sandy Springs tells us his client, a private investor, purchased 30 North Ave.  The 9,000 SF commercial property, now with a restaurant on a short-term lease, was built in 1907 and used as Atlanta Firestation #11 until it was closed in recent years. The investor paid $2.1M with The Shopping Center Group's Mark Cooley representing the seller, GE Commercial Finance Business Property Corp. Jeff says he's marketing it to both restaurants and office users. Sadly, the property doesn't have a fireman's pole, that most sought after of amenities.
 
 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines