Lundy pur­chases Cobb build­ing

♦ Ac­tively seek­ing ten­ant to take over prime down­town space

The Standard Journal - - LOCAL - By Kevin Myrick [email protected]­stan­dard­jour­

A Cedar­town at­tor­ney has big plans to get the A.C. Cobb build­ing up and run­ning again as soon as pos­si­ble.

At­tor­ney Bill Lundy wasn’t ac­tu­ally sure he was go­ing to buy the build­ing on auc­tion day back at the end of June, but went down to the cor­ner of Main Street and West Av­enue on the chance he might get it.

“I didn’t want it to go for a low price,” Lundy said.

Bid­ding started at $50,000, and be­tween Lundy and an­other bid­der the price jumped up to $85.000 close to the gavel.

Then Lundy jumped in and JRW WKH ¿QDO ELG RI and took a valu­able piece of down­town prop­erty.

He’s al­ready got big plans for the build­ing now un­der con­tract, which has been empty for the past few years with­out a ten­ant. The last busi­ness that took over the front space was Red, White and Brew, a cof­fee shop run by the Peter­son’s be­fore it closed a few years ago.

Pre­vi­ously sport­ing a red ex­te­rior, the set de­sign­ers for “Hap and Leonard” changed the front façade to a now neu­tral tan and used the side as a ho­tel en­trance GXULQJ ¿OPLQJ IRU WKH WKLUG sea­son in Cedar­town.

Now Lundy hopes to bring a busi­ness fast back to the storeIURQW RQ WKH ERWWRP ÀRRU DQG get busy ren­o­vat­ing the top ÀRRUV IRU ORIW VW\OH DSDUWPHQWV a grow­ing trend down­town as ren­o­va­tions have been made to sev­eral build­ings.

“I want 100 per­cent oc­cu­pancy,” Lundy said.

He doesn’t know yet what busi­ness might take over the JURXQG ÀRRU VSDFH EXW KH VDLG he’s ac­tively pur­su­ing sev­eral ideas and some­one to rent out the space.

“I feel ex­cited about it, and I love down­town Cedar­town,” he said. “I think what Jamie and Darcy (Mor­ris) have done rel­a­tive to the Coke build­ing is great… Peo­ple are be­gin­ning to grav­i­tate to­ward ur­ban liv­ing. It’s be­cause you can turn the key and walk away. There’s no yard to cut or trees to trim.”

Lundy ex­pects to make ini­tial re­pairs and im­prove­ments to get ready for a ten­ant in the com­ing weeks once the sale is ¿QDOL]HG

/ Kevin Myrick

The A.C. Cobb build­ing went at auc­tion for $86,000 to lo­cal at­tor­ney Bill Lundy.

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