Atlanta condo-hunters bullish on the future of South Downtown might fancy this Peachtree Street listing that delivers a true loft experience for a price that could seem downright paltry, compared to other parts of town.
Standing two blocks from Five Points MARTA Station, the Kessler City Lofts building dates to the very early 1900s. It’s served as a warehouse and, later, home to Kessler department store for some six decades, eventually shuttering in the late 1990s.
As condos, the building is known for soaring ceilings (some reach higher than 16 feet), original flooring of walnut and maple, and classical Doric columns.
While scruffy, the area has emerged as a magnet for developer investment, if not yet construction, and the building’s address counts a 98 WalkScore, which denotes “Walker’s Paradise” status. The Benz, Centennial Olympic Park, and State Farm Arena are just a stroll away.
With a promising, pedestrian-friendly location on its side, the loft was listed a few days ago at $269,900 by Keller Williams Realty Atlanta.
It counts two bedrooms and one and a half bathrooms among 1,500 square feet. And it’s said to be “oozing cool character and charm.”
Another consideration, of course, is the monthly HOA fee commitment of $497, but that includes fiber internet, basic cable, and access to an onsite gym, per the listing.
Added bonus: the herb garden and grilling area on the roof.