Waters Grocery Loft

Here’s a cool loft that came on the market this week!  It’s a unit in the Waters Grocery Store building in Grant Park.  This is truly rare since there are only 4 units in this building.  Grant Park is mainly comprised of old Victorian homes, so finding a loft in the heart of Grant Park is highly desirable, plus where this building is located is ideal because it is only 1 block from the Park.  Grant Park is a quiet neighborhood located about a 5 minute drive Southeast of Downtown Atlanta.  The Zoo and the Cyclorama are both located in Grant Park as well.   Although, Piedmont Park is Atlanta’s most well known park, the park in Grant Park is just as nice and it’s a little more low key than Piedmont Park.   There are also several restaurants that you can walk to including Ria’s Bluebird Cafe, Six Feet Under, Dakota Blue and Stella Trattoria.   For more information about Grant Park, check out their website, www.GrantPark.org.

About the loft itself, as I mentioned it is in the Waters Grocery Loft Building which is a vintage store front conversion. This loft has 1 bedroom and 1 1/2 baths with approximately 1320 sq.ft. 

Waters Grocery Bedroom

 The features that set this unit aside from other lofts is the 18 ft. ceilings, gas fireplace and the exposed brick walls.   Everything in this loft has been upgraded to its finest including, Bead board ceilings; Bead board accent walls & wainscoting; Original terrazzo floors; Huge thermal pane windows; Extensive down lighting; Subway tile bath with jetted tub & rain shower, double vanity with stainless steel under mount sinks & granite counter tops; Master bedroom with walk in closet; Guest hall bath; Kitchen features custom dark stain & glazed maple cabinetry, granite countertops with island and top of the line Frigidaire stainless steel appliances; Last and not least there is an Oversized laundry room & pantry. There is an additional loft area with limited ceiling height that could be used for storage or as a crash pad.

Another interesting fact is that it is also zoned as a live/work space.  So, if you wanted a space for just your office in the middle of Grant Park, you can!

Waters Grocery Kitchen

The monthly HOA fees are cheap, at $75 per month too.  The parking for the loft is on the street.

Currently priced at $300,000.  Not a bad price in my opinion since it is pretty hard to find something like this. 

If you would like more information about this fantastic loft, please contact me at nesa@theloftstop.com or 404-579-9307

The Swift and Co Loft building is located on the corner of Fair and Peters Street. There are a handful of restaurants to walk to including Slice, Johnny Cakes and No Mas Cantina. There is also a very cute coffee shop called Tilt. Castleberry Hill is known for their monthly art strolls on the last Friday of each month as well. To learn more about Castleberry Hill check out the neighborhood website for more information.

Authentic Loft

Back to the loft itself, it is currently priced at $159,900 and features a large kitchen with gas stove, white cabinets and plenty of cabinets. The bathroom has a single vanity with a tub/shower combo. Tucked behind the bathroom is the closet and side by side washer and dryer. The living room is large enough to accommodate a small dining room table and it has plenty of wall space for a flat screen tv. The bedroom is tucked behind the living room which the current owner has built a terrific dividing wall with sliding barn yard doors for privacy.

The building does have community rooftop deck with terrific views and plenty of tables and chairs if you are entertaining. The unit does come with 1 secured parking space in the garage. Monthly HOA fees are only at $152 per month which includes garbage, water, basic DirecTv and WIFI.  Swift and Co. used to be an old meat packing plant way back in the early 1900’s.  This building definitely captures the authenticity of what a loft is supposed to be!
The building is not FHA approved, but it should be fairly easy to get a FHA Spot Approval done which means you can get into the loft for as little as a 3.5% down payment.

This loft is definitely one of the nicest lofts in Castleberry Hill and is very affordable at $159,900! For more information, please feel free to contact me at nesa@theloftstop.com or 404-579-9307. - Nesa Kleinheksel

Exterior of the loft.

This is rare!  Locust Lofts have always been a favorite of mine because of how quaint the community is.  There are 13 total units with 7 units in one building and the other 6 units in the building next to it.  Separating the units is a large green space which is completely awesome if you own pets.   These units are pretty incredible too, this particular listing offers 2 bedrooms and 2 full baths.  Yes, the second bedroom is truly a bedroom and it is private!  The loft also has a garage door that opens up from the living room to the back deck, how cool is that!!   Each unit has been customized by each individual owner, so they are all pretty unique from one another.   It is a 2 story loft with a fabulous kitchen and a fireplace!!  This unit has approx. 1600 sq.ft and is currently listed for $229,000!!!  Monthly HOA fees are cheap too, at $150 per month!  There is a driveway for each unit which can accommodate at least 2 cars and there is plenty of guest parking on the side streets.  <br>Locust Lofts are located in Avondale Estates and are conveniently located near the Farmers Market and about a mile to the Square of Decatur!  The Marta station is nearby and there are couple of restaurants that you can walk to! For more info, please contact me at nesa@theloftstop.com or 404-579-9307.  - Nesa Kleinheksel

“I have some positive housing market news to pass on to you today. Mortgage rates are still in the mid 4’s and holding steady! The Fed has made it clear that they believe housing is the key to recovery and that they will “pull out all the stops” to jump-start activity. They have already announced that they will buy $500 Billion in mortgage-backed securities by June. This is the main reason rates have fallen so much.

Low rates along with falling prices have made real estate more affordable and have generated a renewed interest in home buying. This has not translated into a lot of new sales yet, but a lot more people are getting out there and kicking the tires. Check out this report. In December, the widely-watched University of Michigan national consumer sentiment survey reflected an improvement in potential home buying attitudes, with 72% of respondents indicating it was a “good time to buy a house.” This survey was a key leading indicator of the turnaround in housing activity following the housing downturns in 1982, 1990, 1995 and 2001. This is good news.

Real estate is certainly not “fixed” yet, but the early signs of healing are welcome news. And that welcome news is translating into gains for housing-related stocks, including both home builders and housing-focused retailers. Both are rebounding and have helped to lead the market rally of the past month. Check this out. The S&P 500 Home builders Index is up 70% since the low on November 20, 2008 and the S&P 500 Home Improvement Retailers Index is up 32%. Investors are starting to see the potential of things turning around in housing! The downturn in housing was the key catalyst to the recession and bear market. Early signs of healing in housing are a key sign that the pressure on the economy and markets may begin to abate and we can look forward to a turnaround in housing in 2009.

 Courtesy - James Williamson of Fairfield Mortgage