Property Location

319 West Lake Avenue, Atlanta GA 30318

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List Price $350,000
Units 1
Est. Cap Rate 1.8%
Est. Cash-on-Cash -16.7%
Price / Unit $350,000
Est. Year 1 Cash Flow $-14,598 after debt service
319 West Lake Avenue Atlanta, GA 30318
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Unlock the potential of one of Atlanta's fastest-growing commercial corridors with this exceptional opportunity at 319 Westlake Ave. NW, Atlanta, GA 30318. Positioned in the heart of Atlanta's historic WESTSIDE, this commercial property offers outstanding visibility, convenient access, and exceptional redevelopment and business potential in an area experiencing significant public and private investment. Whether you're launching a new venture, expanding an existing business, or seeking a strategic investment property, this location provides the accessibility and surrounding amenities today's business owners and customers value. Prime Westside Location Situated just minutes from Downtown Atlanta, Midtown, and major transportation corridors, the property enjoys easy access to I-20, I-285, Northside Drive, Joseph E. Boone Boulevard, and Donald Lee Hollowell Parkway. The nearby West Lake MARTA Station provides convenient public transportation for employees and customers, enhancing accessibility throughout metro Atlanta. Nearby Area Highlights: Mercedes-Benz Stadium, State Farm Arena, Georgia World Congress Center, Georgia Tech, Atlanta University Center (Spelman College, Morehouse College, Clark Atlanta University), Westside Park- Atlanta's largest public park, West End & West Midtown commercial districts, Lee + White mixed-use development, The Works at Upper Westside, Westside Provisions District, Numerous restaurants, breweries, coffee shops, retail centers, and entertainment venues that continue to attract residents, professionals, and visitors. Why Businesses Choose This Area: Atlanta's Westside has become one of the city's most exciting destinations for entrepreneurs, investors, and established companies. The area continues to benefit from: Strong commercial and residential redevelopment. Growing population and increasing consumer traffic. Proximity to major universities: Easy access to Downtown Atlanta, Midtown, and Hartsfield-Jackson Atlanta International Airport. Convenient public transportation via MARTA. Ongoing public infrastructure improvements and neighborhood revitalization. A vibrant mix of retail, office, healthcare, hospitality, creative industries, and service businesses creating a dynamic business ecosystem. Endless Business Possibilities: This versatile commercial property is well-suited for a variety of uses, including (among others): Medical or professional offices. Insurance agency. Childcare or educational facility. Restaurant or café. Retail showroom. Creative office or studio. Wellness or fitness center. Non-profit or community organization. Service-based businesses. Investment or redevelopment opportunity. With Atlanta's Westside continuing to experience remarkable economic growth and investment, 319 Westlake Ave. NW presents an outstanding opportunity to establish your business in one of the city's most promising commercial markets. Position your business where growth, accessibility, and opportunity come together. Schedule your private tour today and discover the potential of this exceptional Westside Atlanta commercial property.
Investment Notes — Atlanta
  • Located in the Atlanta, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $350,000 Verified
Est. Cap Rate 1.82% Modeled
Est. Cash-on-Cash -16.68% Modeled
Est. Gross Income $13,824 Modeled
Est. NOI $6,359 Modeled
Est. Year 1 Cash Flow $-14,598 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

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Modeled Estimate

5.0%
49%
25%
7%
30 yrs
Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
Asking Cap Rate
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Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap1.8%
Est. CoC-16.7%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

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.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7807873 · Listing courtesy of Partners Management, KENT ADON WILLIAMS · 404-876-8700

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily