Commercial

1615 Memorial Drive SE

Atlanta, GA 30317

Location

1615 Memorial Drive SE, Atlanta GA 30317

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List Price$499,500
TypeRetail
Building1,120 SF
Lot0.16 Ac
Building

Improved commercial

1,120 SF building

Retail · Commercial · C1 · $446 / SF · 0.16 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7747591
Listing Provided By Keller Williams Realty Atl Partners · 770-584-8187
Description

Property Description

Prime Freestanding Commercial Opportunity - Zoning C2 City of Atlanta - High Visibility! Located at 1615-1617 Memorial Dr SE in Atlanta, this freestanding commercial property offers an exceptional opportunity for owner-users or investors seeking a versatile retail or restaurant space in a high-traffic, in-demand corridor. Positioned along Memorial Drive with strong daily traffic counts and convenient access to I-20, the property benefits from excellent visibility and steady commuter exposure. The 1,120 SF building sits on a 0.16-acre lot and was previously operated as a restaurant, making it well-suited for continued food service use or adaptive reuse. The existing layout and infrastructure provide a strong foundation for a quick-service restaurant, cafe, takeout concept, or neighborhood retail business. Limited on-site parking is available, and the site features approximately 70 feet of frontage along Memorial Drive. Surrounded by dense residential neighborhoods and ongoing growth in the East Atlanta/Edgewood area, the location supports consistent local demand and long-term upside. This is a rare opportunity to acquire a standalone commercial building in a rapidly developing submarket, ideal for repositioning, owner occupancy, or investment. Buyer is responsible to verify zoning, uses, utilities.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1969
Zoning
C1
Price / SF
$446
Price / acre
$3,121,875
Days on market
171
Road frontage
70 ft
Owner pays
Other
Taxes
$1,765
Tax year
2024

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Cable
  • Sewer
  • Water

Sewer

  • Public Sewer

Heating

  • Other

Cooling

  • Other

Market intelligence

MLS market activity. Not an appraisal. Individual comps are not listed.

Current ask$499,500144d at this price
Market valueUnavailableNot enough highly similar local closed sales to quote a defensible market-value range.
Market signalNegativeLong DOM and/or a price cut indicate the current ask is facing market resistance.

Commercial Analysis

Key metrics and property characteristics

List Price$499,500
Building Size1,120 SF
Price / SF$446
Lot Size0.16 Acres
Price / Acre$3,121,875
ZoningC1
Property SubtypeRetail
Year Built1969

Inquire about this listing

1615 Memorial Drive SE

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

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