Back to Search
Creative Office Building in Atlanta

1468 MECASLIN ST NW Atlanta, GA 30309

1468 MECASLIN ST NW, Atlanta, GA, 30309
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Freestanding 4,760 SF creative office building for sale.

Property Size5,000 SF
Price / SF$420
AddedMay 14
Days on Market64
Last RefreshJul 16 at 6:30 am

Property Features for 1468 MECASLIN ST NW

General Information

Standard status
Active
Size
5,000 SF
Property subtype
Office, Industrial

Building Details

Year Built
1955

Listing office Harrison Properties

Listing date May 14, 2026

Source Crexi

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 Harrison Properties


Investment Insights

Based on property information with market context.

The property at 1468 Mecaslin St is a 4,760 SF freestanding creative office building located in the Atlantic Station/Loring Heights corridor of Atlanta, Georgia. Constructed in 1955, the building features a brick and block structure and is zoned I-1 (Light Industrial). This zoning provides flexibility for redevelopment, adaptive reuse, or repositioning. Situated between Peachtree St and Northside Dr, bordering Midtown and Buckhead, the property benefits from proximity to Atlanta's commercial, retail, and entertainment areas. The location offers access to a residential base and adjacency to Atlantic Station and the Midtown business district. This property represents a value-add or owner-user opportunity in an intown location.

Key Highlights

  • Prime Location: In the heart of Atlantic Station/Loring Heights, offering unrivaled access to Atlanta's key areas.
  • Significant Size: A spacious 4,760 SF freestanding building.
  • Flexible Zoning: I‑1 zoning allows for redevelopment or adaptive reuse.

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 $119.4k $23.87
− Vacancy −$30.1k −$6.02
EGI $89.3k $17.85
− OpEx −$22.3k −$4.46
NOI $67.0k $13.39
5,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$956.5K
$836.9K – $1.12M (±1% cap)
NOI $66,955 @ 7.0% cap · market cap 3.19%
Second Best
Flex RnD
$709.8K
$621.1K – $828.1K (±1% cap)
NOI $49,686 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,838 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Endive Take-out & Catering endive Publik house Take-out & Catering

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Restaurant Adult Day Care Mobile Phone Store

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

FAQs

What type of property is this?
Creative space - Freestanding 4,760 SF creative office building for sale.
Where is this creative space located?
The property is located at 1468 MECASLIN ST NW Atlanta, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime Location: In the heart of Atlantic Station/Loring Heights, offering unrivaled access to Atlanta's key areas.; Significant Size: A spacious 4,760 SF freestanding building.; Flexible Zoning: I‑1 zoning allows for redevelopment or adaptive reuse.
Contact an agent
(404) 384-3330 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message