Commercial

319 West Lake Avenue

Atlanta, GA 30318

Location

319 West Lake Avenue, Atlanta GA 30318

Interactive map

Loads on click

List Price$350,000
TypeBusiness
Building6,050 SF
Lot0.21 Ac
Building

Improved commercial

6,050 SF building

Business · Commercial · C1 · $58 / SF · 0.21 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7807873
Listing Provided By Partners Management · 404-876-8700
Description

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.
Tax Advantage

Opportunity Zone Property

Tract 13121008400

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1983
Zoning
C1
Price / SF
$58
Price / acre
$1,666,667
Days on market
64
Road frontage
33 ft
Taxes
$5,988
Tax year
2025
Opportunity zone
Yes

Utilities & systems

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

Available

  • Cable
  • Electricity
  • Natural Gas
  • Sewer
  • Underground Utilities
  • Water

Heating

  • Other

Cooling

  • Other

Commercial Analysis

Key metrics and property characteristics

List Price$350,000
Building Size6,050 SF
Price / SF$58
Lot Size0.21 Acres
Price / Acre$1,666,667
ZoningC1
Property SubtypeBusiness
Year Built1983

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319 West Lake Avenue

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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.

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.