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1181 Lee SW Street

$1,750,000

1181 Lee SW Street, Atlanta, GA 30310

Active
Last Updated: 01/29/2025

6,000 sqft

Building Size

1940

Year Built

Details:
Building Size:    6,000 sqft
Year Built:    1940
Parking Spots:    25
Highlights:
  • Lot Features: Corner Lot
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: None
  • Cooling: Central Air
  • Heating: Central
  • Electric: Other
  • Flooring: Ceramic Tile
  • Construction Materials: Brick 4 Sides
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System
  • Buyer Agency Compensation: 3.5
Description:

Location, Location, Location! WEST END! BELTLINE PROPERTY! Offer for Sale 1181 LEE STREET. A mixed-use commercial property with over 6000sqft of space. Property currently boasts several chic fully completed salon suites on the ground floor and plenty of office spaces. There are 3 full bathrooms and 2 half baths for ultimate convenience. Upstairs on the 2nd floor, a cozy apartment awaits, featuring a modern kitchen, bathroom, and inviting living room. The property has 3 central HVAC units and ample parking spaces. Future owner can modify and use building as Salon/Barber Shop, Corporate Office Space, Medical Office, Apartment Building, Micro Hotel, Rooming House, Airbnb, Airline Crash Pad, Restaurant, Bar, Night Club, Event Space, Convenience Store, TV Studio and Music Studio. New owner will have easy Access to I20, I85 & I75. Located Southwest of Downtown Atlanta. Historic West End Atlanta is a historic neighborhood known for its charming residents and vibrant community, having landmarks like the Wrens Nest, Hammonds House Museum, The Shrine of Black Madonna, University Center ((HBCU) Spelman College , Clark Atlanta University, Morehouse College), Beltline Trails & Lee+White for Atlanta dining/food, culture, community, shopping & nightlife... Don't miss this opportunity to own a piece of history. Land & Building for sale! No HOA, Fee Simple Ownership! On Supra! Tour by appointments Daily!

Map:
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Today's Available Mortgage Rates

1181 Lee SW Street, Atlanta, Georgia 30310

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$5,729 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $892,500 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$5,800 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $892,500 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$5,740 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 50% LTV $0 Lender fees
Loan Amount $875,000 Loan Amount
Largest Commercial Real Estate Lending
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