Repurposed Commercial Property Near East
341 Candler Rd Se, Atlanta, GA 30317
Customizable commercial property near East Lake Golf Course with parking.
Property size:
3,220 SFLot size:
0.20 AcresPrice / SF:
$214/SF- Added:
- Jan 26, 2026
- Days on Market:
- 119
- Last Refresh:
- Apr 5 at 8:20 pm
Property Features for 341 Candler Rd Se
General Information
- Standard status
- Active
- Size
- 3,220 SF
- Lot size
- 0.20 Acres
Listing agent Hillary Dukes License #374679
Listing office coldwell banker realty (941) 366-8070
Listing date Jan 26, 2026
Source Exprealty
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 coldwell banker realty
HighLights
- Prime location near East Lake Golf Course and the Memorial Drive/Candler Road Corridor with high foot traffic.
- 3,220 SF of customizable space zoned C1, suitable for various business uses.
- Recent updates include a newer roof, windows, brick exterior, insulation, plumbing, electrical systems, and two newer HVAC systems.
- Vanilla shell interior with freshly painted areas and stripped flooring, offering full customization flexibility.
- Lower level with 9‑10 flexible spaces and 2.5 bathrooms; upper level with 3 rooms/offices, full kitchen, and full bathroom, suitable for live/workspace or shared professional use.
- Convenient access to public transportation, major interstates, and Hartsfield‑Jackson International Airport.
Overview
Located near East Lake Golf Course and one block from the Memorial Drive/Candler Road Corridor, this repurposed commercial property offers 3,220 square feet of customizable space on a 0.20-acre lot with parking for 20 vehicles. Zoned C1, the property is suitable for various business uses, including salon/barber/beauty suites, retail, event space, office, medical, law, restaurant, co-working space, professional service suites, and mixed-use. Recent updates include a newer roof, windows, brick exterior, insulation, plumbing, electrical systems, and two newer HVAC systems. The interior is in vanilla shell condition, featuring freshly painted areas and stripped-out flooring, providing flexibility for customization. The building includes 9 to 10 flexible spaces on the lower level with 2.5 bathrooms. The upper level features 3 rooms/offices, a full kitchen, and a full bathroom, providing potential for live/workspace or shared professional use. This space can also be fully opened up to create a more expansive layout. Less than 1 mile from East Lake Golf Course and conveniently close to Downtown Decatur, Agnes Scott College, Kirkwood, and Downtown Atlanta, this property benefits from high foot traffic, easy access to public transportation (bus and train), and proximity to major interstates and Hartsfield-Jackson International Airport. With its central location near Decatur Square, Emory University, and Oakhurst, this property offers an excellent opportunity for small business owners, investors, developers, or those seeking a mixed-use space in a highly accessible area.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$479.1K
NOI $43,119 @ 9.00% cap · cautious / downside scenario
Moderate
$616.0K
NOI $43,119 @ 7.00% cap · market / base-case scenario
Aggressive
$862.4K
NOI $43,119 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.9k | $23.87 |
| − Vacancy | −$19.4k | −$6.02 |
| EGI | $57.5k | $17.85 |
| − OpEx | −$14.4k | −$4.46 |
| NOI | $43.1k | $13.39 |
3,220 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$616.0K
$539.0K – $718.7K
NOI $43,119 @ 7.0% cap · market cap 6.25%
Second Best
Mixed Use
$558.9K
$489.0K – $652.1K
NOI $39,123 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$900.1K
$787.6K – $1.05M
NOI $63,008 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.2905
- Latitude
- 33.7431
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Customizable commercial property near East Lake Golf Course with parking.
Where is this mixed-use property located?
The property is located at 341 Candler Rd Se Atlanta, GA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Prime location near East Lake Golf Course and the Memorial Drive/Candler Road Corridor with high foot traffic.; 3,220 SF of customizable space zoned C1, suitable for various business uses.; Recent updates include a newer roof, windows, brick exterior, insulation, plumbing, electrical systems, and two newer HVAC systems.
