ENHOUZ™Business Marketplace
OTHER · For Sale

3113 Stone Mountain ST, Lithonia Active

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Asking price
$499,000
Price / SF
$167.51
Cap rate
—
Sale type
—
Property type
OTHER
Property subtype
OTHER
Building class
—
Building size
2,979 sq ft
Year built
1972
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.65 acres
Zoning
X
Frontage
—
Listing #
EN-4635
MLS #
10629710

HIGHLY MOTIVATED SELLER - BRING ALL OFFERS! Exceptional opportunity to own a distinctive commercial property in Downtown Lithonia, currently operating as Stone Manor Event Facility. The City of Lithonia is allowing the existing event-center use to continue, providing an opportunity for a new owner/operator in the event-planning or venue business to continue the current use, subject to applicable City requirements. Zoned Edge District (EG) under the City of Lithonia's Form-Based Code, the property offers flexibility for a variety of commercial, office and mixed-use opportunities. Buyers are encouraged to verify their specific intended use and requirements directly with the City of Lithonia. Originally constructed as a bank, the building retains its original vault, adding a unique feature and adaptive-reuse potential rarely found in today's commercial inventory. The approximately 2,979 SF building features a European-inspired brick and stucco exterior, open event space, an intimate ballroom with 16-foot ceilings and decorative chandeliers, and an outdoor garden area with covered patio. The current layout accommodates approximately 100 guests, making it well suited for weddings, corporate gatherings, receptions, private celebrations and community events. Located near the heart of Downtown Lithonia with strong visibility and convenient access, this property offers an opportunity to acquire an operating venue while maintaining the flexibility to explore other permitted Edge District uses. Seller is highly motivated and wants to sell! Bring your offer and explore the possibilities. Buyer to independently verify zoning, permitted uses, licensing, occupancy requirements and continued event-center use with the City of Lithonia.

Location

GAMLS
Listed by CBC Metro Brokers
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10629710

Local market insights

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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.

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