Thriving Food Hall, Bar & Music Venue | 7.5% 2026 Cap Rate | 100% Occupied | East Atlanta Village

1245 Glenwood Ave SE & 532 Joseph Ave SE Atlanta, GA 30316

1245 Glenwood Ave SE & 532 Joseph Ave SE, Atlanta, GA, 30316
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FOR SALE
Property Type:
Restaurant
Amount:
$6,950,000
Last Verified:
Dec 09, 2025

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Highlights

  • • Dynamic food hall and legendary nightlife property
  • • Two-level fully-renovated all brick building circa 1920
  • • Beautiful storefront entranceway, windows, and murals
  • • High ceilings, exposed wood beams & generous natural lighting
  • • Six chef-driven artisanal stalls serve as destination for foodies
  • • Elevated seating area also serves as live-music stage
  • • Lower level serves as full-service restaurant and bar and nightlife music venue
  • • Both levels have back patio spaces
  • • Large parking lot behind building with 41 spaces is rare in walkable district
  • • High foot traffic and bike-friendly location in heart of East Atlanta Village
  • • Southern Feed Store food hall occupies main level facing Glenwood Road
  • • SFS is “Atlanta’s epicenter of independent arts culture music and all around bohemian lifestyles”
  • • 100% Occupied by Woody’s Cheesesteaks, Spun Cow Creamery, Brasiliana Pizza, Buteco EAV, Sinful Slidrz, and Buena Papa Fry Bar
  • • Southern Feed Store has an Instagram following of almost 30k and 4.8 average rating on Yelp
  • • El Sotano occupies the walk-out terrace level previously occupied by storied nightclub The Basement
  • • El Sotano restaurant serves lunch and dinner and evolves into nightlife bar and music venue
  • • Most food hall tenants have tenure in their spaces | El Sotano operated by experienced nightlife team

Description

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This property is located in Atlanta, GA.


Year Built: 1920
Building Size: 11534sq ft
Lot Size: 0.52 acres


Documents

Offering Memorandum

Map of 1245 Glenwood Ave SE & 532 Joseph Ave SE, Atlanta, GA, 30316

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.