ENHOUZ™Business Marketplace
RETAI · For Sale

1615 Memorial DR SE, Atlanta Active

3 views · 1 this week

Asking price
$499,500
Price / SF
$445.98
Cap rate
—
Sale type
—
Property type
RETAI
Property subtype
RETAI
Building class
—
Building size
1,120 sq ft
Year built
1969
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.16 acres
Zoning
C2
Frontage
73 ft
Listing #
EN-4167
MLS #
10725713

Prime Freestanding Commercial Opportunity - Zoning C2 City of Atlanta - High Visibility! Located at 1615-1617 Memorial Dr SE in Atlanta, this freestanding commercial property offers an exceptional opportunity for owner-users or investors seeking a versatile retail or restaurant space in a high-traffic, in-demand corridor. Positioned along Memorial Drive with strong daily traffic counts and convenient access to I-20, the property benefits from excellent visibility and steady commuter exposure. The 1,120 SF building sits on a 0.16-acre lot and was previously operated as a restaurant, making it well-suited for continued food service use or adaptive reuse. The existing layout and infrastructure provide a strong foundation for a quick-service restaurant, cafe, takeout concept, or neighborhood retail business. Limited on-site parking is available, and the site features approximately 70 feet of frontage along Memorial Drive. Surrounded by dense residential neighborhoods and ongoing growth in the East Atlanta/Edgewood area, the location supports consistent local demand and long-term upside. This is a rare opportunity to acquire a standalone commercial building in a rapidly developing submarket, ideal for repositioning, owner occupancy, or investment. Buyer is responsible to verify zoning, uses, utilities.

Location

GAMLS
Listed by Keller Williams Realty Atl. Partners
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10725713

Local market insights

AI-generated general context — not specific to this business. Always verify independently.

DEKALB County snapshot

DeKalb County, located just east of Atlanta, is a large, densely populated county with a population that has been relatively stable to modestly growing in recent years, supported by its proximity to the Atlanta metro job market. It has a socioeconomically diverse population with a wide range of income levels—generally middle-income overall, with more affluent pockets near Emory University and Decatur, and lower-income areas in the southern parts of the county. Economically, the county benefits from a mix of established residential communities, healthcare and education anchors (like Emory and the CDC), and ongoing commercial development, giving it a mature but still evolving business environment. For a small business buyer, this suggests a market with steady, diverse consumer demand rather than explosive growth, where success often depends heavily on the specific neighborhood or submarket within the county.

Similar listings

Buyer newsletter

Popular businesses, market tips, and occasional promotions. One email, unsubscribe anytime.