Steve Josovitz & Sean McPherson of Shumacher Closes Historic Kennesaw GA Real Estate Acquisition for Chamblee Tap & Market

Steve Josovitz & Sean McPherson of Shumacher Closes Historic Kennesaw GA Real Estate Acquisition for Chamblee Tap & Market. The Shumacher Group, Inc. represented Buyers Dave Heymann and Jeff Kimmel of Chamblee Tap & Market. Nelson Vinson and Dan Buyers of McWhirter represented Seller.

About:

10,332.SF.

Property Summary:

On behalf of the Kennesaw Downtown Development Authority, we are pleased to present this opportunity to renovate/
redevelop an existing 10,332± sq.ft., three-story, brick building that has been a fixture in Downtown Kennesaw for many
decades. The City of Kennesaw and the Kennesaw Downtown Development Authority (KDDA) envision a mixed-use
redevelopment/renovation that would include first floor, street level uses such as restaurant, retail, office, or medical
office that would engage the public with the potential for either office, residential, or lodging/hospitality uses on the
second and third floors.

This building was partially renovated by a prior owner, which improvements included opening up the first floor for future
retail/office uses, installing an elevator shaft and partially constructing the second and third floor as 20 bedrooms and
bathrooms, which could be occupied by either a bed-and-breakfast, or Airbnb/VRBO, short term rental model. The second
and third floor could also be reconstructed as office space or other forms of residential, including potential short-term
housing for corporate employees, or university faculty who would enjoy temporary housing in a vibrant and walkable
location, such as offered in Downtown Kennesaw.

The Kennesaw Downtown Development Authority has asked that McWhirter market the property without an asking
price, as the City and KDDA are open to a wide variety of potential uses and prefer to hear development proposals from
interested parties.

The existing three-story building is situated on a small 0.102± acre parcel . However, the City of Kennesaw controls a
0.5± acre parcel across Lewis Street, the former Kennesaw Library located at 2250 Lewis St. The City of Kennesaw
can offer a flexible amount of dedicated parking, depending on the mixture of uses that are proposed for 2881 North
Main St. The KDDA and the City of Kennesaw realize that potential uses such as restaurant and retail require significant
dedicated parking and the City of Kennesaw is willing to cooperate with interested parties to ensure that adequate parking
is provided to facilitate a high-quality redevelopment of this significant property.

There are numerous restaurants and taverns located within a short walk, including 1885 Grill, Main Street Eats, Vesuvio
Pizzeria Napoletana, Gus’s World Famous Fried Chicken, Honeysuckle Biscuits & Bakery, Bernie’s Social Bar, Lazy Guy
Distillery, The Brain Station, Apotheos Roastery, Lazy Labrador Coffee House, and Frozen Cow Creamery.

The City of Kennesaw opened the “United Bankshares Amphitheater” in 2024, and can accommodate crowds of up to
3,000 people at frequent concerts, festivals and celebrations, a short walk from the subject property.

2881 North Main Street offers the opportunity to develop and own a mixed-use asset in the dynamic, walkable Downtown
Kennesaw market in a fast-growing region of Metro Atlanta. Please inquire with listing agent for further details.

Proximity to Nearby Major Employment Markets

The Subject Property offers hard to beat commute times to many of MetroAtlanta’s largest and most significant
employment districts.

• 2.4± miles to Kennesaw State University – 3.5± miles to Town Center Office Submarket
• 5.9± miles to Kennestone Hospital – 6.9± miles to Marietta Square
• 16± miles to Cumberland/Galleria/Vinings – 22± miles to Perimeter Mall
• 21± miles to Buckhead – 24± miles to Midtown
  Zoning / Future Land Use
  The building is zoned CBD – Central Business District, City of Kennesaw; and is designated DAC – Downtown Activity
  Center on the City’s Future Land Use map.
  Schools
  The Cobb County public schools that serve the property are: North Cobb High School, Awtrey Middle School, Kennesaw
  Primary School (K-2) & Big Shanty Intermediate School (3–5). Nearby private schools include: Mt. Paran Christian School
  (2.3± miles) and The Walker School (5.4± miles).