783 Cascade Avenue SW

Description

Investors! Strategic Location, Convenience and Urban Appeal! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly neighborhoods of Atlanta. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street, is the very popular Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection (Casade/Beecher/Westboro). The nearby Oasis Apartments have been recently renovated.///////////////////ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (known as 0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accomodating category. 0 Beecher is zoned R-4 and may need to be rezoned. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. ///////////////////////// DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2- ALSO HIGHEST AND BEST: Tear down for retail or other commercial use. 3 Rehab the existing home to a 4-5 bedroom property, and add garage or workshop in the rear. ARV's in the area are $550,000 - $600,000. 4 -Tear down and new construction. 5- Create access for 0 Beecher (via a shared driveway easement) and have two lots. 6- Buy and hold for appreciation.