741 Piedmont AveAtlanta, GA 30308

Property Details for 741 Piedmont Ave

Year built

1920

Lot size

0.22 AC

Property size (Sq ft)

7,479 SF

Property type

Office properties

Property subtype

Other office properties

Description

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).

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7748

Longitude

-84.3815

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