384 Peachtree St NE Atlanta, GA 30308

Building Details

Year Built

1927

Listing agency Colliers - Atlanta, Georgia

Listed by Helen Zaver · License #285486

Source Crexi

Added: May 15 Updated: Jul 20 at 9:21PM Checked: Jul 21 at 9:08AM

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Investment Insights

Based on property information with market context.

Medical Arts Building presents an adaptive reuse and redevelopment opportunity featuring a solid concrete and steel 12-story historic structure originally built in 1927. The building offers approximately 88,000 rentable square feet and includes an attached 260-space parking garage.

The property is located in the heart of Atlanta’s Midtown/Downtown corridor at 384 Peachtree Street NE, with positioning adjacent to the I-75/I-85 Downtown Connector for visibility to downtown area commuters and visitors.

Preliminary planning has explored concepts including a 160-room hotel and a 135-unit micro-unit approach, with potential conversion pathways described for hotel, multifamily/micro-unit, office, retail, or mixed-use use. The offering also notes possible eligibility for historic tax credits, city grant opportunities, and Opportunity Zone-related benefits, subject to applicable requirements and review.

Key Highlights

• 12‑story historic landmark built in 1927 at 384 Peachtree St NE, Atlanta, GA 30308
• Approximately 88,000 rentable SF medical arts building with an included 260‑space parking garage
• Solid concrete and steel structure suitable for conversion to uses including hotel, multifamily/micro‑unit, office, retail, or mixed‑use

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FAQs

What type of property is this?

Hotel - 12-story historic building offers approximately 88,000 rentable square feet with an included 260-space parking garage.

Where is this hotel located?

The property is located at 384 Peachtree St NE Atlanta, GA.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: 12‑story historic landmark built in 1927 at 384 Peachtree St NE, Atlanta, GA 30308; Approximately 88,000 rentable SF medical arts building with an included 260‑space parking garage; Solid concrete and steel structure suitable for conversion to uses including hotel, multifamily/micro‑unit, office, retail, or mixed‑use