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$325K buys this airy, three-bedroom Castleberry Hill loft in a century-old building

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What’s the catch?

A huge loft with a spiral staircase at right and a huge window.
The huge main volume of Unit 308 at 326 Nelson Street SW.
Ansley Atlanta Real Estate; photography by WeAreHomeATL

In Atlanta’s loft mecca, Castleberry Hill, this newly listed property on Nelson Street has no shortage of true-loft bona fides: exposed brick, airy spaces, overhead pipes and ducts, and hulking wooden beams like vestiges of a past life.

Listed with Ansley Atlanta Real Estate for $325,000, it’s a three-bedroom, two-bathroom corner unit of 1,554 square feet at Deere Lofts, where the bones date to 1914.

For generations, the five-story building served as retail and warehousing for the John Deere Company.

A 1996 renovation saw it converted to 49 beam-and-post loft spaces with a full gym and communal rooftop deck, which overlooks Mercedes-Benz Stadium, downtown, and the new Reverb by Hard Rock, where huge light-board signage was activated in recent days.

A brick entryway at a loft building with “John Deere Plowing Co.” overhead.
The 1914 building’s Nelson Street entrance.

At the moment, this loft is the only three-bedroom property asking less than $350,000 throughout all of downtown. Even two-bedrooms with severely less space are sparse right now in central Midtown at that price.

It’s marketed as a must-see property with loads of authentic, postindustrial charm and a main living space of grand proportions. The hardwoods are new, and renovations have changed the kitchen and bathrooms.

An in-unit laundry room and two assigned parking spaces are part of the deal.

Which could make one wonder: What’s the catch?

A loft of this size entails HOA fees of $488 monthly. But as listing agent Bart Lewis points out, that covers trash and cable, and more menial stuff like pest control, the building’s reserve fund, insurance, and maintenance for the exterior and grounds.

A spiral staircase and a huge living room space.
Awash in a natural light from large windows, the living room’s spiral stair leads to the second story.
A guitar wall beside a kitchen with light cabinetry in a big loft space.
The fun decor in the kitchen—which isn’t original to the initial 1990s renovation—is carried throughout most rooms.
A huge bedroom with a purple rug and a big white bed.
The second-story hallway leads back to the unit’s main bedroom.
An old bathroom with new shower and old brick on the walls.
Vintage meets new in the master bathroom.
An open bedroom with a brick wall and a closet with a dresser in it.
Bunkbed and an attached bath in the second of three bedrooms.
A bedroom with a brick wall and much recording equipment.
The musical decor continues in the third bedroom, currently a studio space.