End-Unit Ground-Floor Retail
For Sale
$375,000
2030 Main Street NW, Atlanta, GA 30318
Commercial Sale, Atlanta, GA
Property Size1,136 SF
Lot Size0.03 Acres
Price / SF$330.11
Days on Market652
Property Features for 2030 Main Street NW
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking
6
Parking features
Parking Lot, On Street
Window features
Display Window(s)
Lot features
Corner Lot, Level
Directions
Moores Mill Rd west, R on Bolton Rd, thru 3rd light, L on Hollywood Road, down two blocks and complex is on R ; OR South Cobb Dr inside 285, L on Bolton Rd, R on Main St, R on Hollywood Rd and complex is on immediate R.
Standard status
Active
APN
0.0
Size
1,136 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2023
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2024
Flooring type
Concrete
Building materials
Brick
Listing Agency:
Keller Williams Realty Buckhead
(404) 604-3800
Listed By:
Keith Sharp · License #176306
(678) 778-8774
Added: Nov 14, 2024
Changed: Aug 19
Last Checked: Aug 28 at 3:06AM
MLS# 10414294
Copyright © 2026 Georgia Multiple Listing Service. 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.
End-unit ground-floor retail or office space is available for purchase as a commercial condo within the One Riverside West mixed-use development. The space is an end unit next to a parking lot walkway with on-street parking directly in front. Interior flooring is concrete and the building is constructed with brick. The property is currently under construction with a 2024 build year.
One Riverside West is located at the corner of Main Street and Hollywood Road in Atlanta. The street-level retail/office component is separate from the residential condos above, which have rear access. Parking includes both a parking lot and on-street parking, supporting customer visits and daily access.
The unit is described as Unit 113, the space farthest to the right when facing Building 100 from Hollywood. The unit is positioned for owner-occupant retail use or for investment as a rental storefront within the complex.
One Riverside West is located at the corner of Main Street and Hollywood Road in Atlanta. The street-level retail/office component is separate from the residential condos above, which have rear access. Parking includes both a parking lot and on-street parking, supporting customer visits and daily access.
The unit is described as Unit 113, the space farthest to the right when facing Building 100 from Hollywood. The unit is positioned for owner-occupant retail use or for investment as a rental storefront within the complex.
Key Highlights
- Unit 113 ground‑floor end unit next to the parking lot walkway
- 1,136 SF commercial condo space for retail or office use
- 0.026‑acre lot within the One Riverside West complex
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
$15,978
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
4.26%
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%
$319,560
$319.6K
Cap Rate 7%
$228,257
$228.3K
Cap Rate 9%
$177,533
$177.5K
Market Conditions
NOI Build-Up for 1,136 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
$24.9K $21.96/SF
− Vacancy
−$2.1K −$1.87/SF
EGI
$22.8K $20.09/SF
− OpEx
−$6.8K −$6.03/SF
NOI
$16.0K $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%
$319,560
Cap Rate 7%
$228,257
Cap Rate 9%
$177,533
Alternative Uses
Best Use
Retail
$228.3K
$199.7K – $266.3K
NOI $15,978 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.6K
$277.9K – $370.5K
NOI $22,229 @ 7.0% cap · market cap 5.93%
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
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Pizza Hut
Dining
1,126 visits/mo
0.3 miles
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 Retail in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Brand-new end-unit ground-floor retail condo with parking lot and on-street parking at street level.
Where is this storefront property located?
The property is located at 2030 Main Street NW Atlanta, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Unit 113 ground‑floor end unit next to the parking lot walkway; 1,136 SF commercial condo space for retail or office use; 0.026‑acre lot within the One Riverside West complex
