Bought with No Selling Agent • Non-Mls Company
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408 Woodward AVE SE Atlanta, GA 30312
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Key Details
Sold Price $1,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10158675
Sold Date 04/12/24
Construction Status Resale
Year Built 1900
Annual Tax Amount $4,406
Tax Year 2022
Lot Size 0.523 Acres
Property Description
408 Woodward Avenue is a half-acre parcel in Atlanta's Historic Grant Park neighborhood. The property is zoned SPI-22 Subarea 4 by the City of Atlanta and lies within the Grant Park Historic District. The highest and best use of the property is as a small townhouse development. The property is about a 7-minute walk from the King Memorial MARTA rail station and is close enough to be considered a Transit Oriented Development site. The property is also a half block from several MARTA bus routes. Interstate Highways 20, 75 and 85 are within 3/4 mile of the subject. Downtown Atlanta is about a five-minute drive while Midtown Atlanta is about 10 minutes away and Buckhead is a 20-minute drive. Hartsfield-Jackson International Airport is about 20 minutes by car. These locations are also accessible by the nearby MARTA rail station. Green spaces close to the property include Grant Park with Zoo Atlanta, the Capitol Gateway Park, and Historic Oakland Cemetery. The Atlanta Beltline is about one mile from the property and the ML King Recreation Center and natatorium is about a half mile away. The Georgia State University campus is a mile from the property. The Atlanta University Center and Georgia Tech are all within a three-mile radius of the property. Emory University and Agnes Scott College are both less than five miles from the property. Athletic venues Mercedes-Benz Stadium (Atlanta Falcons and Atlanta United) and State Farm Arena (Atlanta Hawks) are within two miles of the property, and three train stops from King Memorial Station. The Georgia State University Soccer Complex is less that a half mile away while GSU football and basketball is just a little over a mile away. The nearby walkable Memorial Drive Corridor has multiple restaurants, grocery stores, a hardware store and movie theater. Close-by retail venues include Madison Yards, Larkin on Memorial, Summerhill Retail District, Atlanta Dairies, Krog Street Market, East Atlanta Village. Grant Park has two Charter schools, the Atlanta Neighborhood Charter School, and the Wesley International Academy. Conventional schools include Parkside Elementary, ML King Middle School and Maynard Jackson High School. Property has a Walk Score of 91, a walkers paradise.
Location
State GA
County Fulton
Zoning SPI-22
Interior
Heating None
Cooling None
Flooring Other
Exterior
Parking Features Paved, Parking Lot
Utilities Available None
Roof Type Other
Building
Sewer Public Sewer
Construction Status Resale
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Historic, Investor Owned
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