Retail Storefront with Avenue
450 Flat Shoals Avenue SE Atlanta, GA 30316
For Sale
$975,000
Retail storefront for sale with prominent Flat Shoals Avenue frontage in East Atlanta Village.
Property Size2,500 SF
Lot Size0.21 Acres
Price / SF$390
Days on Market41
Property Features for 450 Flat Shoals Avenue SE
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.21 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing Agency:
CBC Metro Brokers
(678) 320-4800
Listed By:
Noland Dickey
(678) 320-4800
Source:
Xome
Added: Jun 13
Changed: Jul 23
Last Checked: Jul 23 at 11:19AM
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 CBC Metro Brokers
Investment Insights
Based on property information with market context.
This for-sale retail storefront is positioned in East Atlanta Village and offers approximately 2,500 square feet on a 0.21-acre site with prominent frontage along Flat Shoals Avenue.
The property is described as benefiting from strong pedestrian activity and excellent visibility in a walkable commercial district. It is surrounded by a mix of restaurants, retailers, entertainment venues, and residential development, with convenient access to Downtown Atlanta and Interstate 20.
The surrounding intown neighborhoods mentioned in the listing include Reynoldstown, Kirkwood, Grant Park, and Decatur, supporting a retail-focused environment for both owner-users and investors seeking a storefront in an active neighborhood business area.
The property is described as benefiting from strong pedestrian activity and excellent visibility in a walkable commercial district. It is surrounded by a mix of restaurants, retailers, entertainment venues, and residential development, with convenient access to Downtown Atlanta and Interstate 20.
The surrounding intown neighborhoods mentioned in the listing include Reynoldstown, Kirkwood, Grant Park, and Decatur, supporting a retail-focused environment for both owner-users and investors seeking a storefront in an active neighborhood business area.
Key Highlights
- Approximately 2,500 SF commercial space for sale with retail storefront on Flat Shoals Avenue
- 0.21‑acre lot with prominent frontage along Flat Shoals Avenue
- Central air cooling
Financial Insights For Retail
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 | $45.0k | $18.00 |
| − Vacancy | −$3.4k | −$1.35 |
| EGI | $41.6k | $16.65 |
| − OpEx | −$12.5k | −$5.00 |
| NOI | $29.1k | $11.66 |
2,500 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$416.2K
$364.2K – $485.6K
NOI $29,137 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$698.8K
$611.5K – $815.3K
NOI $48,919 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Watkins Products
Grocery & Convenience Store
Similar Off Market Nearby
- Kroger Floral — 800 Glenwood Ave SE, Atlanta, GA 30316
FAQs
What type of property is this?
Storefront property - Retail storefront for sale with prominent Flat Shoals Avenue frontage in East Atlanta Village.
Where is this storefront property located?
The property is located at 450 Flat Shoals Avenue SE Atlanta, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Approximately 2,500 SF commercial space for sale with retail storefront on Flat Shoals Avenue; 0.21‑acre lot with prominent frontage along Flat Shoals Avenue; Central air cooling
