Corner Commercial
New
For Sale
$725,000
2030 Main Street NW, Atlanta, GA 30318
Commercial Sale, Atlanta, GA
Property Size3,114 SF
Lot Size0.06 Acres
Price / SF$232.82
Days on Market1
Property Features for 2030 Main Street NW
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
30
Parking features
Parking Lot, On Street
Window features
Display Window(s)
Lot features
Corner Lot, Level
Directions
Moores Mill Road west to R on Bolton Road, at the 5th traffic light turn L on Main Street, then R on Hollywood Road, park on-streeet. Unit is at the corner of Main Street and Hollywood Road.
Standard status
Active
APN
17025200080506
Size
3,114 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4788
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2009
Flooring type
Concrete
Building materials
Block, Brick
Listing Agency:
Keller Williams Realty Buckhead
(404) 604-3800
Listed By:
Keith Sharp · License #176306
(678) 778-8774
Added: Aug 25
Last Checked: Aug 25 at 9:06PM
MLS# 10832750
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.
Investment Insights
Based on property information with market context.
This ground-floor commercial condominium occupies a corner position within One Riverside West, a mixed-use building with residential condominium units alongside it. The space is separately configured at street level, with frontage extending along Hollywood Road and access from the rear. The property is currently tenant occupied.
The building stands at the intersection of Main Street and Hollywood Road, with the unit facing that corner. Parking is available both along the street and in a rear lot. Constructed in 2009, the property features block and brick construction, concrete flooring, forced-air heating, central air conditioning, public water, and public sewer.
The building stands at the intersection of Main Street and Hollywood Road, with the unit facing that corner. Parking is available both along the street and in a rear lot. Constructed in 2009, the property features block and brick construction, concrete flooring, forced-air heating, central air conditioning, public water, and public sewer.
Key Highlights
- Ground‑floor commercial condominium with a separate street‑level configuration
- Corner location at Main Street and Hollywood Road with frontage along Hollywood Road
- Street parking directly in front plus a rear parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,409
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,048,180
$1.0M
Cap Rate 7%
$748,700
$748.7K
Cap Rate 9%
$582,322
$582.3K
Market Conditions
NOI Build-Up for 3,114 SF
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.
Gross rent
$74.7K $24.00/SF
− Vacancy
−$4.9K −$1.56/SF
EGI
$69.9K $22.44/SF
− OpEx
−$17.5K −$5.61/SF
NOI
$52.4K $16.83/SF
Area
ZIP 30318
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,048,180
Cap Rate 7%
$748,700
Cap Rate 9%
$582,322
Alternative Uses
Best Use
Specialty Retail
$748.7K
$655.1K – $873.5K
NOI $52,409 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$625.7K
$547.5K – $730.0K
NOI $43,800 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$870.5K
$761.7K – $1.02M
NOI $60,934 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Pizza Hut
Dining
1,126 visits/mo
0.3 miles
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Market
Vacancy Rate% for Retail in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor commercial condominium with street frontage, rear access, and parking on site.
Where is this storefront property located?
The property is located at 2030 Main Street NW Atlanta, GA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Ground‑floor commercial condominium with a separate street‑level configuration; Corner location at Main Street and Hollywood Road with frontage along Hollywood Road; Street parking directly in front plus a rear parking lot
