Street-Level End Unit Retail
For Sale
$339,000
2030 Main Street, Atlanta, GA 30318
Commercial Sale, Atlanta, GA
Property Size1,218 SF
Lot Size0.03 Acres
Price / SF$278.33
Days on Market178
Property Features for 2030 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MRC-2
Parking features
Parking Lot
Window features
Display Window(s), Aluminum Frames
Lot features
Corner Lot, Level
Directions
GPS Friendly. Moores Mill Rd west, R on Bolton, go to 5th light, L on Main St NW. Look for the sign in front of the unit. OR South Cobb Dr inside 285, cross Chattahoochee River, 1st L on Bolton, 1st R on Main, look for the sign in front of the unit. Parking in shared lot at rear.
Standard status
Active
APN
17 025200080514
Size
1,218 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4884
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Building materials
Brick
Listing Agency:
Keller Williams Buckhead · Keller Williams Realty
(404) 604-3800
Listed By:
Keith Sharp · License #176306
(404) 604-3897
Added: Mar 6
Changed: Aug 19
Last Checked: Aug 31 at 11:06AM
MLS# 7731744
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 215 is a 1,218-square-foot commercial condominium within a mixed-use building completed in 2008. The ground-floor space occupies a street-facing end position at the corner of Main Street NW and Hollywood Road, next to the building’s main entrance. Its interior remains unfinished, providing an open starting point for a retail or office buildout. The unit operates independently from the residential condominiums above, which have separate rear access.
The property is located along a walkable streetscape with professional, service, and retail tenants, including Frazie's Meat and Market next door. More than 200 newly constructed townhomes are located within two blocks in both directions on Hollywood Road, and the Silver Comet Connector to the Atlanta BeltLine is one mile away. The property is zoned MRC-2 and includes cable availability, public water, public sewer, and parking lot access.
The property is located along a walkable streetscape with professional, service, and retail tenants, including Frazie's Meat and Market next door. More than 200 newly constructed townhomes are located within two blocks in both directions on Hollywood Road, and the Silver Comet Connector to the Atlanta BeltLine is one mile away. The property is zoned MRC-2 and includes cable availability, public water, public sewer, and parking lot access.
Key Highlights
- 1,218 SF commercial condo with an unfinished interior
- Ground‑floor end unit at Main Street NW and Hollywood Road
- Built in 2008 as part of a mixed‑use building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,132
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$342,640
$342.6K
Cap Rate 7%
$244,743
$244.7K
Cap Rate 9%
$190,356
$190.4K
Market Conditions
NOI Build-Up for 1,218 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.7K $21.96/SF
− Vacancy
−$2.3K −$1.87/SF
EGI
$24.5K $20.09/SF
− OpEx
−$7.3K −$6.03/SF
NOI
$17.1K $14.07/SF
Area
ZIP 30318
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$342,640
Cap Rate 7%
$244,743
Cap Rate 9%
$190,356
Alternative Uses
Best Use
Retail
$244.7K
$214.2K – $285.5K
NOI $17,132 @ 7.0% cap · market cap 5.05%
Second Best
Office B
$233.0K
$203.9K – $271.8K
NOI $16,310 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$340.5K
$297.9K – $397.2K
NOI $23,833 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Unfinished ground-floor condo offers a flexible commercial footprint in a mixed-use building with independent street access.
Where is this retail space located?
The property is located at 2030 Main Street Atlanta, GA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,218 SF commercial condo with an unfinished interior; Ground‑floor end unit at Main Street NW and Hollywood Road; Built in 2008 as part of a mixed‑use building
