The Shumacher Group, Inc. just sold MOOD Lounge in Buckhead located at 3081 E. Shadowlawn Ave, Atlanta, Georgia, 30305. Steve Josovitz of The Shumacher Group,Inc. represented Seller in said transaction. Buyers are Justin Breland and Frank Grillo.
Mood Lounge is a freestanding nightclub, bar and ultra-lounge located in the “heart of Buckhead” Atlanta. Multi-level with large outdoor courtyard. This is a very special intimate and unique club that is cozy with small crowds but up to hundreds have attended parties both inside and outside on any given nights. Space is stunning with two bars. The main bar is 40/ft. Tons of parking plus Valet but no parking variance is needed at this site. State of the art facility with great sound system and LED lighting in bar and VIP areas. According to Forbes Magazine, Buckhead is home to the ninth-wealthiest zip code in the nation (30327), with a household income in excess of $341,000 per year and is the location of the wealthiest of Atlanta’s neighborhoods. Home to the Georgia Governor’s Mansion, the area’s real estate market is also the most expensive in the state of Georgia with an average home value in 2005 of approximately $761,000. Two of the nation’s fourteen Mobil five-star restaurants —Seeger’s and The Dining Room at the Ritz-Carlton Buckhead, can be found here and Robb Report magazine has consistently ranked it one of the nation’s “10 Top Affluent Communities” for “the most beautiful mansions, best shopping, and finest restaurants in the Southeastern United States“.
Buckhead is an upscale uptown district within the city of Atlanta, Georgia, United States and comprising approximately the northern one-fifth of the city. Buckhead could be characterized as mostly suburban in character, with a highly urbanized center with many high-rises centered along Peachtree Road and GA-400. Buckhead comprises most of the Atlanta North-end neighborhoods between Interstate 85 and Interstate 75 along with several large neighborhoods to the West of I-75. It is bordered by: Cumberland and Vinings of Cobb County to the Northwest, Sandy Springs in Fulton County to the north, Brookhaven and North Druid Hills in DeKalb County to the east, Midtown to the south, and to the southwest by Cross Creek and the neighborhoods of Midtown West.