A developer plans to convert the old Lizzie Chapel Baptist Church building into high-end townhomes.
The project, as planned, would take the historic, old building at 850 Euclid Ave. and reconfigure it into 10 townhomes — each being three stories, Mel Husney of Coldwell Banker Atlanta told East Atlanta Patch.
The townhomes in the Lizzie Chapel Lofts, the tentative name for the project, would be a mix 2-bedroom and 3-bedroom units and start in the low $300,000s, he said.
The property, which is just off Druid Circle, has 20 parking spaces, including two handicapped-designated spots.
The project comes as another developer, Kirkwood-based Thrive Homes, plans to , next to the Lizzie Chapel property.
Husney, who is representing the church developer, said he plans to bring the townhomes online by next summer.
He declined to name the developer, saying only that he is very experienced in the Atlanta market and has built other successful projects.
For now, Michael Caggiano, one of Husney's Coldwell Banker Atlanta associates, is heading efforts to gauge public interest.
"We're really in a fact-finding era right now as the developer wants to be able to provide a product that the buyer for that location would want," Husney told Patch.
Some of that fact-finding includes seeing what size of home potential buyers would want, purchasing price point and timing for making a home purchase.
"Right vow, what we're trying to do is test the market and see what the buyer is looking for given that location and that building," Husney said. "It's a very unique building in a great location and a great neighborhood."
The project is a significant step in the evolution of the property, which had been on the market off anon for several years, Larry Culbertson, a broker with KW Commercial Atlanta Midtown, said.
Culbertson represented the company that purchased the church property out of foreclosure. His client subsequently put the church back on the market and secured a contract with the developer within two weeks.
Culbertson declined to name the developer, citing a confidentiality agreement that prevents him from disclosing that information.
But he added the developer lives in Inman Park and loves historical properties.