Downtown ATL Freestdg Restaurant w/Real Estate

Atlanta, GA
Fulton County

Castleberry Hill District

Asking Price: Annual Revenue:
$2,700,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Downtown ATL Freestdg Restaurant w/Real Estate Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $2,700,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,000,000
Year Established: 2005
Employees: Not Disclosed
BBN Listing #: 898729193
Broker Reference #: 3045

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Business Overview:

Downtown Atlanta GA Freestanding Elliot Street Deli and Pub for Sale – Steps from Stadium & CNN w/Real Estate, Business & Airbnb Residence – Keep or Convert

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)

Elliot Street Deli and Pub and Owners Residence-AIRBNB For Sale at 51 Elliott Street, Atlanta, Georgia 30313.

Priced at $2,700,000 “Lock, Stock & Barrel” w/Real Estate, Business & Airbnb Residence

Keep or Convert.

This is not a tear-down due to Historic Designation of Property.

Commercial/ Residential, Investment Property

49/51 Elliott Street is an extraordinary Residential/Commercial property located in Atlanta’s Downtown business district. This 4100 square ft. the historic building has two full floors of work-live space, as well as a basement, covered parking and patio, and much more.

Seller just spent $100,000 on an expansion which includes a new 500sf dining room fully covered and enclosed, and another 500sf of outdoor patio and deck, 16’ custom iron gate, windows, and a 12’glass garage door.

Situated on a 50’x90' fenced lot near the historic intersection of Centennial Park Drive and Martin Luther King Drive in the Castleberry Hill neighborhood, the property currently houses the Elliott Street Deli and Pub.

The business is also being sold as part of the package sale offer. Having so many special features found nowhere else in Atlanta, the property is truly unique.

Partners made a $250,000 net profit on the restaurant, filming, and AIRBNB after all expenses and the salary of a full-time General Manager who is available to stay with the new Owner.

51 Elliott Street is perfect for the serious buyer, looking for a stable revenue opportunity as part of positive tangible investment.

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Property Features and Assets:

The building is located in Downtown Atlanta, in the heart of the Art District, Castleberry Hill in the eye-sight of the new Atlanta Falcons $1 billion Stadium. 4,500 sq. ft. 2 story building with an “assembly” approved basement, 2500 sq. ft developable lot next door. Fully furnished gorgeous (3) listing Airbnb upstairs. In the two-story residence, the two master bedroom suites, two and a half bathrooms, and a large modern kitchen/dining/living room are perfect for entertaining. There is also a half-kitchen in one of the suites, as well as a living room offering great views of the city. This space was purposefully built to be split into separate apartments, or offices – each with separate entrances and bathrooms – if desired. Included in the property package is a 2,500 square-foot fenced in and partially-covered, concrete parking lot, with two large carports and storage, with separate entrance to the buildings residential, private spaces. The parking area is also used for holding large scale outdoor events hosting hundreds of people.

Market Competition and Expansion:

4500 sq. ft. 2 story building with an “assembly” approved basement, 2500 sq. ft developable lot next door. Fully furnished gorgeous (3) listing Airbnb upstairs: Elliott Street Deli & Pub, website, history, turn-key Pub, and legendary sandwich spot. “the51” Live venue, complete with PA and musician backline. Partially covered side lot with a stage to host big events And so much more!! Gulch development: The new Reverb by HardRock Hotel behind us opening the summer of 2020. The future is bright for this amazing property and your once in a lifetime chance to purchase such a property. With a lot next-door to develop however you see fit and approved plans to build a 3rd story on top, you have plenty of room to expand as the city grows around you. Seller will help with the transition, training and all things to know to make this property continually produce a profit. Growth & Expansion: With over a thousand planned residential units being built around us.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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