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Multi-Tenant Office Investment Opportunity

2692 Harris Street Atlanta, GA 30344

2692 Harris Street, Atlanta, GA, 30344
$1,400,000
For Sale
$1,400,000

SINGLE_FAMILY - Atlanta, GA

Property Size6,048 SF
Lot Size0.37 Acres
Price / SF$231.48
Days on Market138

Property Features for 2692 Harris Street

General Information

Property type
Residential
Property subtype
Office
Zoning
C1
Parking
60
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
14 013300200320
Size
6,048 SF
Lot size
0.37 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4216

Utilities

Utilities
Cable Available
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1969
Floors in Building
2
Building materials
Brick, Brick 4 Sides, Stucco
Roof type
Asbestos Shingle
Listing Agency Virtual Properties Realty.com
2750 Premiere Pkwy Suite 200, Duluth, GA
Listed by DuJuan Mosely
Added: Mar 1 Checked: Jul 17 at 6:06 am
MLS# 7727822

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.

This property features two multi-tenant office buildings with over 40 combined suites and a diverse mix of established businesses. Currently 90% occupied, this asset delivers immediate cash flow. The property offers over 60 parking spaces, functional suite layouts, and flexibility to accommodate a variety of professional, service, and entrepreneurial tenants. The diversified tenant base enhances income stability while providing upside through continued leasing and rental growth. The property is located approximately 8 miles from Atlanta's Downtown core and just 7 minutes from Hartsfield-Jackson Atlanta International Airport. The property benefits from accessibility, business traffic, and sustained commercial demand. The property is zoned C1 and has a lot size of 0.3662 acres. The property size is 6048 square feet.

Key Highlights

  • High‑yield investment opportunity with a 15% CAP rate and strong cash flow.
  • 90% occupancy with a diverse mix of established businesses.
  • Strategic location 7 minutes from Hartsfield‑Jackson Atlanta International Airport.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $144.4k $23.87
− Vacancy −$36.4k −$6.02
EGI $108.0k $17.85
− OpEx −$27.0k −$4.46
NOI $81.0k $13.39
6,048 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $80,989 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,345 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

PAYLESS Sewer & Drain ... Plumbing Service Botanicals Of Atlanta Physician Splindit Driving School ... Training Center MSR Medical Group Peterkin & Associates Crisis Center

Suggested Use

(Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Skin Care Clinic Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two Atlanta office buildings, 90% occupied, high-yield investment.
Where is this office building located?
The property is located at 2692 Harris Street Atlanta, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: High‑yield investment opportunity with a **15% CAP rate** and strong cash flow.; 90% occupancy with a diverse mix of established businesses.; Strategic location 7 minutes from Hartsfield‑Jackson Atlanta International Airport.
Contact an agent
More about this property
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