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    Turnkey Office Space For Sale Title is generated by Realmo AI

    690 Oglethorpe Ave, Athens, GA

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    Convenient office space inside the loop, ready for business.

    Type:OFFICE
    Property size:
    1,380 SF
    Lot size:
    1.27 Acres
    Price / SF:
    $217/SF
    Added:
    Mar 19, 2025
    Days on Market:
    475
    Last Refresh:
    May 20 at 8:59 pm

    Property Features for 690 Oglethorpe Ave

    General Information

    Standard status
    Active
    Size
    1,380 SF
    Lot size
    1.27 Acres
    Property subtype
    OFFICE

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    Victoria Willis

    Listing office Pen Pointe Brokers LLC

    Listing date Mar 19, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pen Pointe Brokers LLC

    HighLights

    • Prime location inside the loop, offering exceptional convenience and accessibility.
    • Turn‑key office space, ready for immediate occupancy.
    • Adaptable layout suitable for various medical or professional uses (previously a dental practice and currently an aesthetics office/spa).
    • Existing electrical and plumbing connections in the floor facilitate easy conversion for medical or dental practices.
    • Ample parking available within the medical complex.
    • Includes a spacious lobby/reception area, multiple patient rooms, bathrooms, a breakroom, and a large office/conference space.

    Overview

    This 1,380 square foot office space is situated inside the loop. Currently used as an aestheticians office/spa, it previously housed a dental practice and could be easily converted back, with electrical and plumbing connections still in place in the floor. The property features a spacious lobby and receptionist area, three patient rooms, a small breakroom, two bathrooms, a large office or conference space, a laundry closet, and an outside break area. The property is located in a medical complex with ample parking. Extra insulation has been added in the attic for energy efficiency. This neat, clean, and trendy space is ready for business.

    Local Financial Insights For Healthcare Medical

    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 $33.1k $24.00
    − Vacancy −$3.3k −$2.40
    EGI $29.8k $21.60
    − OpEx −$11.9k −$8.64
    NOI $17.9k $12.96
    1,380 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $255.5K
    $223.6K – $298.1K (±1% cap)
    NOI $17,885 @ 7.0% cap · market cap 5.96%
    Second Best
    Office B
    $255.2K
    $223.3K – $297.7K (±1% cap)
    NOI $17,862 @ 7.0% cap · market cap 5.95%
    Theoretical Best
    Office A
    $332.7K
    $291.1K – $388.1K (±1% cap)
    NOI $23,287 @ 7.0% cap · market cap 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency HVAC Service Clothing & Fashion Store Travel Agency Shopping Center & Mall Grocery & Convenience Store Home Appliance Store Bed & Breakfast Storage Facility (Bike/Boat/Book/etc) Store

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

    Similar Places Nearby

    • Firehall 4 Animal Hospital — 815 Hawthorne Ave, Athens, GA 30606
    • Dr. Karen Middendorf — 815 Hawthorne Ave, Athens, GA 30606, United States

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.4125
    Latitude
    33.9632

    FAQs

    What type of property is this?
    Medical Office Space - Convenient office space inside the loop, ready for business.
    Where is this medical office space located?
    The property is located at 690 Oglethorpe Ave Athens, GA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Prime location inside the loop, offering exceptional convenience and accessibility.; **Turn‑key office space, ready for immediate occupancy**.; Adaptable layout suitable for various medical or professional uses (previously a dental practice and currently an aesthetics office/spa).
    (404) 425-8949 Call to check price and availability
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