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1155 Mitchell Bridge Road

Athens, GA 30606
  • $1,950,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 983921
UPDATED: 9 min ago
$1,950,000
  • 0
    BEDS
  • 1.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,000-14,999
    SQFT
  • $153
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2005
County:

School Ratings & Info

Description

Located in the heart of Athens lies an amazing opportunity to own a Value-Add Investment Property. The Arbor on Mitchell Bridge is made up of 2 buildings that function as a 12,784 SF multi-use space with 92 parking spaces. Building A is a 7,376 SF Restaurant space with an additional 2,500 SF of outdoor seating area including a 600 SF dining balcony. The restaurant kitchen is fully equipped with an 18ft vent hood, walk-in cooler and much more. This space is currently leased through June 2022. Building B is a 5,408 SF two-story space and encompasses a salon on the first floor and a second floor spa. No detail was left out in the design of this building. Solar panels were added to assist in power consumption and creation of hot water. The salon tenant's lease expires in 2024 and has already expressed interest in saying longer. There are many Value-Add opportunities that come with this project, including an additional building pad that can accommodate another 5,000 SF as well as the opportunity to extend, release, or renegotiate leases. The luxury atmosphere for patrons of either use makes this property a MUST-HAVE for any owner or investor. Located just inside the Athens GA-10 Loop and off the Atlanta Highway. Highly visible location and close by to major shopping retailers. Easy access to GA Highway 316 and Highway 78. Only 1.5 hours from Atlanta and Hartsfield-Jackson International Airport.

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© 2021 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2021-10-16T07:21:20.697.
www.signaturerealestateofathens.com/homes/122062755
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1155 Mitchell Bridge Road Athens, GA 30606

  • Price: $1,950,000
  • Status: Active
  • Updated: 9 min ago
  • MLS #: 983921
0
Beds
0
Baths
0
½ Baths
1.3
Acres
10,000-14,999
SQFT
$153
$/SQFT
2005
Built
Neighborhood:
No Recorded Subdivision
County:
Clarke
Area:
01:West Athens/Clarke Co.
Property Description
Located in the heart of Athens lies an amazing opportunity to own a Value-Add Investment Property. The Arbor on Mitchell Bridge is made up of 2 buildings that function as a 12,784 SF multi-use space with 92 parking spaces. Building A is a 7,376 SF Restaurant space with an additional 2,500 SF of outdoor seating area including a 600 SF dining balcony. The restaurant kitchen is fully equipped with an 18ft vent hood, walk-in cooler and much more. This space is currently leased through June 2022. Building B is a 5,408 SF two-story space and encompasses a salon on the first floor and a second floor spa. No detail was left out in the design of this building. Solar panels were added to assist in power consumption and creation of hot water. The salon tenant's lease expires in 2024 and has already expressed interest in saying longer. There are many Value-Add opportunities that come with this project, including an additional building pad that can accommodate another 5,000 SF as well as the opportunity to extend, release, or renegotiate leases. The luxury atmosphere for patrons of either use makes this property a MUST-HAVE for any owner or investor. Located just inside the Athens GA-10 Loop and off the Atlanta Highway. Highly visible location and close by to major shopping retailers. Easy access to GA Highway 316 and Highway 78. Only 1.5 hours from Atlanta and Hartsfield-Jackson International Airport.
Exterior Features

Construction Other Exterior Other-See Remarks Foundation Basement Slab Loading Dock No Lot Size Or Acreage 1+ - 2 Parking Spaces 92 Rail Frontage No Structure Other-See Remarks

Interior Features

Air Central Electric Appliances Other-See Remarks Floors Ceramic TileConcrete Slab/Grade Green Features 0 Heat CentralElectric Stories Two

Property Features

Amenities None Approx Age 16 Cam Fee No Commercial Type Commercial Sale Documents On File None Easements No Extras None Lease No Lease Option No Lease Purchase No Sewer City/County Short Sale YN No Sq Ft Source Tax Records Type Commercial Water City/County

Listing provided courtesy of Nai Elrod Group. © 2021 Multiple Listing Service of the Athens Area Association of REALTORS®.


© 2021 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2021-10-16T07:21:20.697.
 
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Signature Real Estate of Athens
3149 Atlanta Highway, Suite 4A
Athens GA, 30606