For Sale
$2,585,000

741 Piedmont AveAtlanta, GA 30308

Atlanta Office Building: Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-story, 7,479 square foot traditional office building at 741 Piedmont Ave NE, Atlanta, GA 30308, presents a unique owner-user investment opportunity. Built in 1920 and extensively renovated in 2021, including a new roof and HVAC system, this Class B property boasts 95% occupancy with a lease expiration date of August 23, 2024. The building sits on a 0.22-acre lot and features multiple tenant spaces, generating over $20,000 in monthly income from gross leases. The flexible layout allows an owner-user to occupy a portion of the space while continuing to lease the remaining area to existing tenants. Each floor offers independent access, providing privacy for an owner-occupier. The main floor includes six offices, reception, a conference room, two bathrooms, a kitchenette, and storage. The upper floor contains seven offices, one bathroom, and a kitchenette. The lower level offers nine offices, two bathrooms, a waiting room, a kitchenette, and storage. Month-to-month parking leases provide additional revenue streams. The building benefits from prominent Piedmont Avenue signage and high daily traffic counts (13,300 average). A rent roll is available upon request with a signed confidentiality agreement. The asking price is $2,585,000 ($345.63/sq ft).

Highlights

  • $20,000+ monthly income.
  • Flexible lease terms allow for tenant expansion/contraction.
  • New roof and HVAC systems.
  • 2021 interior and exterior renovations.
  • High-visibility Piedmont Ave signage with 13,300 average daily traffic count.

Property Details for 741 Piedmont Ave

Property type
Office properties
Square Feet
7,479 SF
Class
B
Year Built/Renovated
1920/2021
Stories
3
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.774767862229
Longitude
-84.381544363663
741 Piedmont Ave, Atlanta, Georgia

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741 Piedmont Ave
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