Decatur, GA 30030,917 Church ST
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$ 10,500,000
Est. payment | /mo

46 Beds

46 Baths

0.5 Acres Lot


$ 10,500,000
Est. payment | /mo

46 Beds

46 Baths

0.5 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Decatur

MLS Listing ID 7526807

Style Mid-Rise (up to 5 stories)

Bedrooms 46

Full Baths 46

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1997

Annual Tax Amount $6,200

Tax Year 2024

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Multi Family

Property Description

909, 917, and 921 Church Street, Decatur, GA Two hotels (Super 8 Hotel and Decatur Inn) and a single-family residence. Assemblage of all three parcels, providing a significant plot size in downtown Decatur. The current zoning supports a variety of future development opportunities, with potential for a zoning change to accommodate larger-scale projects. Backs onto the Historic Decatur Cemetery, adding a serene backdrop. One block from the newly renovated Glendale Pool and Tennis facility. Three blocks from the popular dining and retail scene, including Leon's Full Service. 0.25 miles to Decatur High School, within proximity to luxury townhomes and residential developments. Walking distance to MARTA stations, city parks, and Decatur Square, providing unparalleled connectivity. Development Potential: The land assemblage offers numerous possibilities for redevelopment, catering to the increasing demand for mixed-use and residential projects in Decatur's booming real estate market. The location supports a vibrant mixed-use development combining residential condos, commercial retail, and office spaces. Ideal for maximizing returns by integrating commercial components on the ground level and residential units above. Condominium Project High-end residential condos would be in high demand in this market, offering luxury living with easy access to Decatur's shops, restaurants, and public transportation. Potential to create spacious units with premium amenities and scenic views of the nearby historic cemetery and city. An opportunity to build a high-end retirement community with commercial services tailored to the needs of an aging population. The walkable and transit-friendly location is ideal for retirees seeking an active lifestyle near downtown Decatur's healthcare and leisure amenities. The land assemblage at 909, 917, and 921 Church Street presents a once-in-a-lifetime opportunity to develop a landmark project in the heart of Decatur. Whether you're considering a luxury townhome community, mixed-use residential/retail project, or a specialized development like a retirement home, this prime site offers the foundation for extraordinary returns and community impact. This is only being sold as the land assemblage not being sold separately.

Location

State GA

County Dekalb

Zoning C3

Lake Name None

Rooms

Other Rooms None

Main Level Bedrooms 23

Exterior

Fence None

Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Pickleball, Playground, Restaurant, Sidewalks, Storage, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View City

Present Use Commercial,Other

Street Surface Asphalt,Paved

Private Pool false

Building

Lot Description Level

Story Three Or More

Architectural Style Mid-Rise (up to 5 stories)

Level or Stories Three Or More

New Construction No

Construction Status Resale

Schools

Elementary Schools Clairemont

Middle Schools Beacon Hill

High Schools Decatur

Others

Senior Community no

Tax ID 18 006 02 019

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=aitlS2daq9U

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Intown ATL
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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917 Church ST