Mixed-Use Property with Flexible
For Sale
$625,000
341 Candler Rd SE, Atlanta, GA 30317
C1-zoned commercial building with updated major systems and adaptable interior space for multiple business configurations.
Property Size3,220 SF
Lot Size0.20 Acres
Price / SF$194.10
Days on Market78
Property Features for 341 Candler Rd SE
General Information
Standard status
Active
Size
3,220 SF
Total Parking Spaces
20
Lot size
0.20 Acres
Zoning
C1
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Furnished
No
Building Details
Year Built
1933
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Realty
Listed By:
Hillary Dukes · License #374679
(404) 861-9361
Source:
Brockteam
Added: Jul 30
Changed: Oct 5
Last Checked: Oct 7 at 4:13PM
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
Investment Insights
Based on property information with market context.
341 Candler Rd SE is a 3,220-square-foot mixed-use property on a 0.20-acre lot in Atlanta. The building provides 20 parking spaces and has undergone substantial system updates, including a newer roof, windows, brick exterior, insulation, plumbing, electrical work, and two HVAC systems. The interior is configured as a vanilla shell with painted areas and removed flooring, leaving the finish plan open to the next occupant.
The lower level contains 9-10 flexible spaces and 2.5 bathrooms. Upstairs are 3 rooms or offices, a full kitchen, and a full bathroom, with a layout that can support live/work use or shared professional occupancy. C1 zoning is identified for the property. The site is less than 1 mile from East Lake Golf Course and near the Memorial Drive/Candler Road Corridor, Downtown Decatur, Agnes Scott College, Kirkwood, Downtown Atlanta, Decatur Square, Emory University, and Oakhurst. Bus and train service, major interstates, and Hartsfield-Jackson International Airport are also noted nearby.
The lower level contains 9-10 flexible spaces and 2.5 bathrooms. Upstairs are 3 rooms or offices, a full kitchen, and a full bathroom, with a layout that can support live/work use or shared professional occupancy. C1 zoning is identified for the property. The site is less than 1 mile from East Lake Golf Course and near the Memorial Drive/Candler Road Corridor, Downtown Decatur, Agnes Scott College, Kirkwood, Downtown Atlanta, Decatur Square, Emory University, and Oakhurst. Bus and train service, major interstates, and Hartsfield-Jackson International Airport are also noted nearby.
Key Highlights
- 3,220 SF mixed‑use property on a 0.20‑acre lot
- 20‑vehicle parking area
- C1 zoning with 9‑10 flexible lower‑level spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,119
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,380
$862.4K
Cap Rate 7%
$615,986
$616.0K
Cap Rate 9%
$479,100
$479.1K
Market Conditions
NOI Build-Up for 3,220 SF
Gross rent
$76.9K $23.87/SF
− Vacancy
−$19.4K −$6.02/SF
EGI
$57.5K $17.85/SF
− OpEx
−$14.4K −$4.46/SF
NOI
$43.1K $13.39/SF
Area
Atlanta, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,380
Cap Rate 7%
$615,986
Cap Rate 9%
$479,100
Alternative Uses
Best Use
Office B
$616.0K
$539.0K – $718.7K
NOI $43,119 @ 7.0% cap · market cap 6.90%
Second Best
Mixed Use
$558.9K
$489.0K – $652.1K
NOI $39,123 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$900.1K
$787.6K – $1.05M
NOI $63,008 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 30317, GA
13,774
Population
7,220
Households
1.9
Avg Household Size
36
Median Age
61%
College-Educated
95%
High-School Grad
3.5 sq mi
ZIP Area
3,935
Density / Sq Mi
$105,190
Median Household Income
$64,968
Median Earnings
$1,619
Median Rent
$510,600
Median Home Value
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Market
Vacancy Rate% for Office in Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned commercial building with updated major systems and adaptable interior space for multiple business configurations.
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 $625,000.
What are key features of this property?
This property features: 3,220 SF mixed‑use property on a 0.20‑acre lot; 20‑vehicle parking area; C1 zoning with 9‑10 flexible lower‑level spaces
