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Virnalisi JohnsonKing

[email protected] +1(404) 290-6914

$2,580,000

Est. payment - /mo

7,124 SqFt

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UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Commercial,Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,124 sqft

Price per Sqft $362

Subdivision No Subdivision

MLS Listing ID 10641025

HOA Y/N No

Year Built 1900

Annual Tax Amount $20,978

Tax Year 2024

Lot Size 7,143 Sqft

Acres 0.164

Lot Dimensions 7143.84

Property Sub-Type Commercial,Hotel/Motel

Source Georgia MLS 2

Property Description

Motivated Seller with excellent opportunity for Seller Financing of up to 80% for up to 20 years. Interest and terms better than market. Price reduced for sell. Institutional Development Opportunity in the Atlanta Stitch development area -future property appreciation. Bring your, boutique hotel development, corporate headquarters, or office acquisition and make an offer. Note that this is also a Historic tax credit redevelopment opportunity. Own a Piece of Atlanta History - The Rufus M. Rose House! Discover a rare opportunity to acquire one of Atlanta's most celebrated architectural treasures. The Rufus M. Rose House, a magnificent nineteenth-century Victorian landmark, stands with timeless grace in the heart of Midtown Atlanta - mere blocks from the transformative Stitch development, Emory University Hospital, the historic Margaret Mitchell House (home of Gone With the Wind), Centennial Olympic Park, Mercedes-Benz Stadium, and countless other premier attractions. Meticulously stabilized and preserved, the property's current owners have also initiated permitting for a short-term rental redevelopment, paving the way for a truly exceptional income-producing and heritage-preserving investment. Seller Financing opportunity for serious Buyer. Proudly listed on the National Register of Historic Places, this landmark property qualifies for both federal and state historic tax credits, providing substantial financial incentives for developers or investors with a vision for restoration and adaptive reuse. For additional details or to schedule a confidential discussion, please contact the listing agent by phone or email. Private: No lock box on the property Appt w/ agent 48 hour notice. Qualifies for federal and state tax credit. House is protected by City of Atlanta, approval for external changes needed and the property can not be demolished.

Location

State GA

County Fulton

Zoning SPI2

Rooms

Bedroom Description No

Interior

Heating Other

Cooling Other

Flooring Hardwood

Equipment Other

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 4.0

Fence Chain Link

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

Roof Type Other

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description City Lot, Level, Near Public Transit

Faces On Peachtree street across from Emory Midtown Hospital. Use GPS from your location.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 14 005000010413

Acceptable Financing Cash, Conventional, Other, Owner Will Carry, Owner 2nd, Private Financing Available

Listing Terms Cash, Conventional, Other, Owner Will Carry, Owner 2nd, Private Financing Available

Special Listing Condition Fixer

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Virnalisi JohnsonKing

+1(404) 290-6914

Agent | License ID: 144248

Agent License ID: 144248

537 Peachtree ST Atlanta, GA 30308

Virnalisi JohnsonKing

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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