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    Corner Live-Work Building with Retail Title is generated by Realmo AI

    970 Main Street, Stone Mountain, GA 30083

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    Claim this Listing
    New
    For Sale
    $575,000

    COMMERCIAL - Stone Mountain, GA

    Property size:
    2,800 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $205/SF
    Added:
    Jun 22, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 27 at 12:06 pm

    Property Features for 970 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    5
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    1808902007
    Size
    2,800 SF
    Lot size
    0.01 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8750

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2019
    Flooring type
    Concrete
    Building materials
    Brick

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    Contact an agent
    Shante Lewis

    Listing agent Shante Lewis

    Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA

    Listing date Jun 22, 2026

    MLS# 10793980

    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.


    Overview

    A bright, corner live-work building with a flex retail space on the main level and a spacious 2-bedroom, 1-bath apartment upstairs. The property was completely rebuilt from the studs in 2017, returning it to its original early-1900s design while addressing major building components during the renovation.

    The building sits at the intersection of Main Street and E. Mountain in Historic Stone Mountain Village’s emerging downtown district. It is zoned under the flexible Village Center Mixed-Use designation and benefits from walkable, street-level presence associated with a corner retail orientation. The property is listed as being 1 minute from Hwy 78 and approximately four blocks from Stone Mountain Park.

    This configuration can fit tenants or owners looking for on-site living with direct retail frontage below, while keeping the residential unit separate on the upper level. The 2017 rebuild supports a turn-key profile for an operator seeking a vintage-style mixed-use setup with modernized construction completed in recent years.

    Local Financial Insights For Retail

    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 $61.5k $21.96
    − Vacancy −$5.2k −$1.87
    EGI $56.3k $20.09
    − OpEx −$16.9k −$6.03
    NOI $39.4k $14.07
    2,800 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $562.6K
    $492.3K – $656.4K (±1% cap)
    NOI $39,383 @ 7.0% cap · market cap 6.85%
    Second Best
    Apartment 5plus
    $537.4K
    $470.2K – $626.9K (±1% cap)
    NOI $37,615 @ 7.0% cap · market cap 6.54%
    Theoretical Best
    Office A
    $782.7K
    $684.9K – $913.2K (±1% cap)
    NOI $54,790 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Vibrary: Wine & Bookbar Bar & Pub

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.170725
    Latitude
    33.808339

    FAQs

    What type of property is this?
    Live-work space - Corner building combining flexible retail space with an upstairs 2-bedroom, 1-bath apartment for mixed-use occupancy.
    Where is this live-work space located?
    The property is located at 970 Main Street Stone Mountain, GA.
    What is the asking price?
    The asking price for this property is $575,000.
    More about this property
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