Description
Great redevelopment opportunity conveniently located on US Hwy 78/Lexington Road just minutes from downtown Athens and UGA. This site is 5+/- acres right at the intersection of Lexington Road and Winterville Road. The site is zoned Commercial General (C-G) on the front 2 acres and Residential Multifamily (RM-1) the back 3 acres. The current residential density is 24-beds an acre in the C-G zoning and 16-beds an acre in the RM-1 zoning. This gives the site a total density of 96 bedrooms. Additionally, the Commercial General zoning allows for retail, office, hotels, restaurants, and more. This site currently has 3 older rental houses on it with some income currently in-place. Highly visible location on one of the busiest corridors in Athens. This property is located on US Hwy 78/Lexington Road just outside the Athens Perimeter at the intersection of Lexington Road and Winterville Road. It is adjacent to the AMC movie theater and just minutes from shopping, restaurants, Downtown Athens, and The University of Georgia.
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0BEDS
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5.02ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Great redevelopment opportunity conveniently located on US Hwy 78/Lexington Road just minutes from downtown Athens and UGA. This site is 5+/- acres right at the intersection of Lexington Road and Winterville Road. The site is zoned Commercial General (C-G) on the front 2 acres and Residential Multifamily (RM-1) the back 3 acres. The current residential density is 24-beds an acre in the C-G zoning and 16-beds an acre in the RM-1 zoning. This gives the site a total density of 96 bedrooms. Additionally, the Commercial General zoning allows for retail, office, hotels, restaurants, and more. This site currently has 3 older rental houses on it with some income currently in-place. Highly visible location on one of the busiest corridors in Athens. This property is located on US Hwy 78/Lexington Road just outside the Athens Perimeter at the intersection of Lexington Road and Winterville Road. It is adjacent to the AMC movie theater and just minutes from shopping, restaurants, Downtown Athens, and The University of Georgia.
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