Two-Level Restaurant and Bar
For Sale
Contact for pricing
12 W Peachtree Pl NW, Atlanta, GA 30308
Built-in kitchen equipment, bars, seating, and restrooms support restaurant operations across both levels.
Property Size2,526 SF
Price / SF$352.34
Days on Market182
Property Features for 12 W Peachtree Pl NW
General Information
Standard status
Active
Size
2,526 SF
Class
B
Property subtype
Retail, Hospitality
Zoning
SPI-1
Investment Type
Owner/User
Building Details
Year Built
1920
Stories
1
Units
1
Listing Agency:
Crye-Leike Commercial
Listed By:
Matthew Levin · License #19351
(770) 209-1700
Source:
Crexi
Added: Apr 16
Changed: Oct 13
Last Checked: Oct 12 at 8:10PM
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 Crye-Leike Commercial
Investment Insights
Based on property information with market context.
This condominium restaurant unit occupies 2,526 SF across two levels within a circa-1920 brick building. The space was built out in 1999 and renovated in 2022, with hardwood flooring, exposed brick, custom bar millwork, pendant lighting, and a glazed storefront facing West Peachtree Place. The main floor includes an equipped commercial kitchen, dining area, full bar, and two restrooms; the upper floor adds seating, another full-service bar, and two restrooms. Built-in kitchen equipment includes a hood and walk-in cooler, with additional fixed items identified in the contract equipment schedule. Furniture, small wares, tableware, cookware, A/V, POS systems, décor, and other vacating tenant-owned items are excluded.
The property is positioned between Downtown and Midtown Atlanta, with a Walk Score of 90. An adjacent pay parking lot serves the property. The Atlanta Marriott Marquis, Hyatt Regency Atlanta, and Westin Peachtree Plaza are within a 3 to 4 minute walk, while major attractions and convention destinations are also nearby. Zoning is SPI-1.
The property is positioned between Downtown and Midtown Atlanta, with a Walk Score of 90. An adjacent pay parking lot serves the property. The Atlanta Marriott Marquis, Hyatt Regency Atlanta, and Westin Peachtree Plaza are within a 3 to 4 minute walk, while major attractions and convention destinations are also nearby. Zoning is SPI-1.
Key Highlights
- 2,526 SF condominium restaurant unit arranged across two levels
- Restaurant build‑out renovated in 2022 within a circa‑1920 brick building
- Equipped commercial kitchen with hood, walk‑in cooler, and other fixed equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,192
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,840
$683.8K
Cap Rate 7%
$488,457
$488.5K
Cap Rate 9%
$379,911
$379.9K
Market Conditions
NOI Build-Up for 2,526 SF
Gross rent
$48.5K $19.20/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$45.6K $18.05/SF
− OpEx
−$11.4K −$4.51/SF
NOI
$34.2K $13.54/SF
Area
Atlanta, GA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,840
Cap Rate 7%
$488,457
Cap Rate 9%
$379,911
Alternative Uses
Best Use
Specialty Retail
$488.5K
$427.4K – $569.9K
NOI $34,192 @ 7.0% cap · market cap 3.84%
Second Best
Industrial
$208.4K
$182.3K – $243.1K
NOI $14,586 @ 7.0% cap · market cap 1.64%
Theoretical Best
Office A
$706.1K
$617.9K – $823.8K
NOI $49,428 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10,044
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30308, GA
22,121
Population
16,007
Households
1.4
Avg Household Size
32
Median Age
74%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
13,826
Density / Sq Mi
$82,420
Median Household Income
$64,696
Median Earnings
$1,824
Median Rent
$387,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Atlanta, GA
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Similar Off Market Nearby
- Cafe Momo — 231 Peachtree St b71, Atlanta, GA 30303
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built-in kitchen equipment, bars, seating, and restrooms support restaurant operations across both levels.
Where is this conventional restaurant located?
The property is located at 12 W Peachtree Pl NW Atlanta, GA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 2,526 SF condominium restaurant unit arranged across two levels; Restaurant build‑out renovated in 2022 within a circa‑1920 brick building; Equipped commercial kitchen with hood, walk‑in cooler, and other fixed equipment
