

Ideal Sports Bar
Business for Sale | 4,197 SqFt
Marketing description
Property Overview of Restaurant Space
This property is a restaurant space available for sale in Atlanta, Georgia, featuring a significant lot size and existing infrastructure.
Located at 1953 Lakewood Ave SE, Atlanta, GA 30315.
The property spans approximately 0.97 acres.
Zoned MRC-1: Mixed Residential Commercial District.
The building is 4,197 sqft and was constructed in 1945.
It includes an existing restaurant and bar space with ample parking.
The property has approximately 260 ft of frontage on Lakewood Ave SE and 150 ft on Terrace Way SE.
The average daily traffic (ADT) on Lakewood Ave SE is 14,400 (2024).
Close proximity to Lakewood Amphitheater and Lakewood Stadium.
Asking price for the property is $2,000,000.
Demographics of the Area
The demographics indicate a diverse population with varying household incomes and age ranges within the vicinity of the property.
Population within 1 mile: 10,308; 3 miles: 58,808; 5 miles: 156,224.
Number of households within 1 mile: 3,870; 3 miles: 23,663; 5 miles: 61,432.
Average household income within 1 mile: $48,391; 3 miles: $61,968; 5 miles: $63,072.
Median age within 1 mile: 40 years; 3 miles: 38 years; 5 miles: 35 years.
Contact Information for Carl Semien
For inquiries regarding the property, interested parties can contact Carl Semien, who is the associate partner at KW Commercial Atlanta Classic.
Carl Semien's cell phone: 678-851-3340.
Office phone: 404-564-9600.
Email: [email protected].
Website: www.semienglobalinvestments.com.
Office address: KW Commercial Atlanta Classic, 3800 Camp Creek Pkwy, Bldg 1800, Ste 100, Atlanta, GA 30331.
Investment highlights
Great Revenue Income Producing Property
Seller Financing Available
Low Overhead
Excellent Cash Flow
Over 20 Years in Operation
Film Revenue Opportunity
Excellent Location
Plenty of Parking
Outdoor Privacy Area
Easy Access to Major Highways
Located Near Lakewood Amphitheater
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