The sale of 1051 Baxter Street represents a rare opportunity to acquire not only a highly improved piece of Athens real estate, but also an established, turnkey event venue business and an extensive collection of custom furniture, fixtures, and equipment. Situated on approximately 0.6 acres in the heart of Athens, the property features 25 on-site parking spaces, a two-story, fully ADA-compliant building with approximately 6,572 SF of conditioned interior space, plus approximately 1,500 SF of covered outdoor/patio space.
The property underwent an extensive 2022–2024 renovation, during which virtually all major building systems and finishes were replaced or upgraded, including a new roof, electrical, plumbing, HVAC systems, bathrooms, interior finishes, lighting, and more. The building is served by 600-amp, 3-phase electrical service plus a 100-amp subpanel, natural gas availability, and approximately 21.5 tons of total HVAC capacity. Additional infrastructure includes a ¾" water line, 4" sanitary sewer, grease trap, and sump pump.
Beyond the real estate, the offering includes the opportunity to acquire the established 1051 Baxter event venue business. Since opening, 1051 Baxter has hosted hundreds of events, including weddings, rehearsal dinners, corporate and holiday parties, University of Georgia events, fraternity and sorority functions, bar and bat mitzvahs, birthday celebrations, class reunions, and numerous other private and community events. The venue's established history, central Athens location, existing reputation, and broad range of potential event types provide a strong foundation for continued operation and future growth. With the appropriate staffing structure, active marketing program, and strong relationships with wedding planners, caterers, UGA organizations, Greek organizations, corporations, and other referral partners, ownership believes the business has the potential to generate several hundred thousand dollars in annual cash flow.
The sale is also intended to include a substantial collection of FF&E, allowing a new owner to operate the property as a highly finished event and hospitality venue from day one. Inventory includes approximately 275 custom-made wooden cane chairs, 30+ round and rectangular event tables, eight custom farm tables, two solid-oak mobile fluted bar fronts, and a custom approximately 20-foot built-in bar with quartz countertop, along with gold chandeliers, rattan chandeliers, gold orb chandeliers, couches, upholstered seating, benches, mirrors, accent tables, décor, and additional event furnishings and equipment.
The property also benefits from covered outdoor entertaining areas, commercial-grade utility infrastructure, and prominent Baxter Street signage, including an existing grandfathered letterboard monument sign whose size, height, and placement are no longer permitted for new signage along the corridor. In short, this offering provides the opportunity to acquire the real estate, a comprehensively renovated building, an established event venue business, and a significant package of custom FF&E in a single transaction—creating a compelling turnkey opportunity for an owner-operator or investor while preserving the flexibility to adapt the property for hospitality, restaurant, retail, office, fitness, institutional, or other experiential uses.
Final business assets, inventory, and FF&E conveyance to be confirmed by an agreed-upon asset and inventory list at closing. Any personal property, leased equipment, or specifically excluded items will be identified separately.