The restaurant in Decatur’s saved historic icon is up for sale.  “SalMonela” points to the ad on The Schumaker Group’s website.

Decatur Freestanding 4300/sf Restaurant w/2 bars and Stage-Fully Equipped Turnkey -$1,000,000 Renovation & Build Out for $99K OBO! SEE ALL NEW PHOTO’S!

The Depeaux is located at 303 East Howard Avenue, Decatur, GA 30030. This Tavern restaurant is located by the Decatur Square….Over $1,000,000 was spent ground up on raw space of historic building with incredible character. This space was gutted completely and replaced with all brand new HVAC, electrical, plumbing, grease traps, and all new furniture, fixtures, equipment, bar, etc. Space is 4300/sf with seating for 100 with 15 seat bar plus outdoor seating for 80 with second bar and additional seating area. Owner has secured parking for over 70 cars.Long term sublease at $7,850 including all extras. Any concept works or keep as is. Priced at $99,000 with Owner Financing options. Seller lives out of state and is willing to lower price with some percentage of new business.

Note: this sounds like it’s the business that’s for sale, not the building.

Revenue & Technology Manager for the City of Decatur, Russ Madison, reports on the Decatur Tax Blog he’s finally gained some traction in getting Bank of America to resolve this “lost escrow check” issue…

After several phone calls between my office and Bank of America yesterday and today, I was able to open a formal “research request” with Bank of America’s tax department this morning.

One of their tax specialists informed me that he was submitting the request to higher levels within his department to research and reissue payment for the affected customers, with an estimated completion date of February 3. Bank of America should pay the penalties and interest, and the late payment would not affect their customers’ escrow accounts.

Thank goodness it’s FFAF!

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