272 Thompson St Alpharetta GA 30009 MLS 7441771

$2,250,000

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Home Description: 272 Thompson St

Located in the Heart of downtown Alpharetta, 272 Thompson Street backs up to the Alpha Loop (The beautiful multi-use path that goes through Downtown Alpharetta, Avalon and North Point ). This gorgeous one acre lot is nestled within walking distance to Avalon and Alpharetta City Center. The area is designated for DTLW, Downtown Live-Work mixed use with a density of 8 units per acre (16 single family homes). Walk to Avalon and Downtown Alpharetta, where upscale shopping, dining, and entertainment await. 272 Thompson Street must be sold with the adjoining property 276 Thompson Street. This combined property offers significant development potential to explore with the potential opportunity for 16 single family detached or attached homes. 2 acres of undeveloped land, all buildable level lot with no creek backs into Alpha Loop. These two adjacent lots offer an unparalleled opportunity for developers and Builders to explore the possibilities. Thompson Street is within Downtown Live-Work/ DTLW Zoned Areas. Both properties are backed into Alpha Loop walking trails and are steps away from Thompson Street and Brook Street Parks. Rezoning opportunities under Downtown Live- Work designation (DTLW) Potential for up to 16 lots