Office and Retail Building with Rear
373 S Atlanta St Roswell, GA 30075
For Sale
$475,000
Pending
Historic 1900 building with rear parking and a replaced roof, suited for office, retail, or service uses.
Property Size1,198 SF
Days on Market93
Property Features for 373 S Atlanta St
General Information
- Standard status
- Pending
- Size
- 1,198 SF
Listing Agency:
Ansley Real Estate
(678) 570-0550
Listed By:
Amy Mollohan · License #380663
(678) 570-0550
Source:
Exprealty
Added: Apr 24
Changed: Jul 24
Last Checked: Jul 24 at 5:30AM
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 Ansley Real Estate
Investment Insights
Based on property information with market context.
Located in the Downtown Roswell District, this commercial building offers visibility and convenient parking in the rear. The property was built in 1900 and features a mix of historic character with updates, with the roof replaced and the interior described as workable for business needs. Interior photos are expected to be available soon.
Recent area enhancements include a new roundabout and sidewalk installation, which are intended to improve the streetscape around the property. The offering is 1,198 square feet and is positioned to support a range of professional office, retail, or service-oriented uses.
Recent area enhancements include a new roundabout and sidewalk installation, which are intended to improve the streetscape around the property. The offering is 1,198 square feet and is positioned to support a range of professional office, retail, or service-oriented uses.
Key Highlights
- Commercial property in the Downtown Roswell District with convenient rear parking
- Approximately 1,198 SF building built in 1900 with historic character
- Roof has been replaced
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 | $28.6k | $23.87 |
| − Vacancy | −$7.2k | −$6.02 |
| EGI | $21.4k | $17.85 |
| − OpEx | −$5.3k | −$4.46 |
| NOI | $16.0k | $13.39 |
1,198 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$229.2K
$200.5K – $267.4K
NOI $16,043 @ 7.0% cap · market cap 3.38%
Second Best
Retail
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ServiceMaster Roswell
Hardware & Home Improvement
FAQs
What type of property is this?
Office building - Historic 1900 building with rear parking and a replaced roof, suited for office, retail, or service uses.
Where is this office building located?
The property is located at 373 S Atlanta St Roswell, GA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Commercial property in the Downtown Roswell District with convenient rear parking; Approximately 1,198 SF building built in 1900 with historic character; Roof has been replaced
