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Two-Story Mixed-Use Building
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261 Peters Street SW, Atlanta, GA 30313

Vacant property with separate access to street-level bays and an open upper floor.

Property SizeContact for details
Days on Market8

Property Features for 261 Peters Street SW

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Building Details

Stories 2
Listing Agency: Franklin Street Atlanta
Listed By: Justin Caudill · License #443241
Source: Crexi
Added: Aug 28 Changed: Sep 4 Last Checked: Sep 4 at 2:28PM

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 Franklin Street Atlanta

Investment Insights

Based on property information with market context.

This vacant mixed-use building is arranged across two independently accessed floors. The ground level includes two bays facing Peters Street and a rear studio with access to the backyard. Upstairs, an open heavy-timber floor plate has its own stairway from Peters Street, creating a distinct space that can function separately from the lower level. The configuration supports leasing both floors, occupying one while leasing the other, or using the upper floor as a private loft residence with commercial space below.

The property is located in Castleberry Hill, between Downtown Atlanta’s office core and the Atlanta University Center. The surrounding district retains rows of one-, two-, and three-story brick loft buildings along the sidewalk, with a working rail spur contributing to the area’s historic industrial setting. Nearby properties have been adapted for loft, gallery, studio, restaurant, and creative-office uses.

Key Highlights

  • Two independently accessed floors
  • Two street‑front bays on the ground level
  • Rear studio with backyard access

Property Analytics

Current Use

Omni Coffee & Eggs Cafe & Coffee Shop

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Locksmith Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,066
Businesses Nearby

Demographics for 30313, GA

9,788
Population
3,604
Households
2.7
Avg Household Size
26
Median Age
55%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
8,157
Density / Sq Mi
$79,068
Median Household Income
$33,832
Median Earnings
$1,696
Median Rent
$365,200
Median Home Value

Market

Vacancy Rate% for Office in Atlanta, GA

17.9% 2019
20.4% 2020
22.2% 2021
22.4% 2022
23.8% 2023
25.2% 2024
25% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant property with separate access to street-level bays and an open upper floor.
Where is this mixed-use property located?
The property is located at 261 Peters Street SW Atlanta, GA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two independently accessed floors; Two street‑front bays on the ground level; Rear studio with backyard access
More about this property
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