1950s building in the heart of the EAV market. Big ideas?

For the latest episode of Any Big Ideas?, we’re focusing on a corner property that has the potential to be just about anything – as long as it fits on a postage stamp lot and it’s not too big – in the fun and funky bosom of East Atlanta’s Village.

The commercial property at 562 Gresham Avenue is currently home to Nabores Cleaners but has recently come on the market. The asking price is $395,000, as listed by Widespread Commercial Group.

This price gets a chunky 1950s brick structure (with one side of floating stairs and graffiti). The building spans 1,220 square feet, with a breakdown of about $324 per square foot.

The Gresham Avenue property today, nestled about a block south of EAV attractions such as the Banshee Restaurant and the new Southern Feed Store Food Hall. Extended Trade Group

It is located immediately west of a recently built community of 29 townhouses by Toll Brothers called Portland Row, and just south of Vietnamese restaurant So Ba and late-night favorite Octopus bar.

As the listing notes, local standards Midway Pub, Flat Iron, Holy Taco, and Grant Central Pizza, as well as the new Southern Feed Store Food Hall, are within easy reach.

The EAV location, in red, of 562 Gresham Avenue SE.Google Maps

Zoned NC-2, which in Atlanta allows most light commercial uses, the building is marketed as being perfect for an owner occupier or as an investment property. The land covers approximately 1/10th of an acre, with 80 feet of street frontage and 50 feet of depth.

Head over to the gallery for a closer look and drop all the big, bright ideas in the comments section below.

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