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620 Glen Iris Dr NE Atlanta, GA 30308

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For Sale
$550,000

Leased commercial condo with 10% return in vibrant Atlanta neighborhood.

Type:Retail
Property size:
1,500 SF
Added:
Nov 21, 2025
Days on Market:
131
Last Refresh:
Mar 30 at 12:07 am

Property Features for 620 Glen Iris Dr NE

General Information

Standard status
Active
Size
1,500 SF
Property subtype
Retail

Building Details

Year Built
2005

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Listing Contact
John Johnson, CCIM
John Johnson, CCIM

Listing agent John Johnson, CCIM License #GA #155996

Listing office SVN Interstate Brokers

Listing date Nov 21, 2025

Source Svn

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 SVN Interstate Brokers


Overview

Leased Investment Near Ponce City

This commercial condominium loft, built out as a two-level hookah lounge with a kitchen and full bar, is offered as a leased investment. The 1,500 square foot unit has a five-year lease executed in 2025 with a new business owner, and renovations were completed for an interior refresh. The base rent is $78,000 per year, with 3% annual increases. The property is projected to generate $67,000 net operating income. The unit comes with two secured parking deck spaces. The unit owner has access to condominium amenities, including a club room/workspace with catering kitchen, a conference room, an outdoor fountained courtyard, and an equipped fitness studio. The property is located in the Ponce Springs Lofts, across from Ponce City Market, near the Beltline and Old Fourth Ward Park, providing access to a large customer base in a vibrant neighborhood. The ground floor condo unit is zoned PDMU.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

SCAR Alchemy-Global Medical ... Medical Clinic Soft Loft (Bike/Boat/Book/etc) Store QDRO Benefits Firm Law Firm Cru Lounge - Midtown Bar & Pub Cultivate Real Estate ... Real Estate Agency

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Highland Cigar Co. 245 North Highland Avenue Northeast STE 140, Atlanta, GA 30307
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  • Little Spirit 299 North Highland Avenue Northeast r3, Atlanta, GA 30307
  • A Mano 587 Ralph McGill Blvd NE, Atlanta, GA 30312
  • Barcelona Wine Bar 240 North Highland Avenue Northeast, Atlanta, GA 30307

Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Cobb
State
Georgia
Longitude
-84.3679
Latitude
33.7714

FAQs

What type of property is this?
Bar & Pub - Leased commercial condo with 10% return in vibrant Atlanta neighborhood.
Where is this bar & pub located?
The property is located at 620 Glen Iris Dr NE Atlanta, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Projected $67,000 net income with 3% annual rent increases, offering a 10% return in year one.; Prime location across from Ponce City Market, near the Beltline and Old Fourth Ward.; Leased investment with a 5‑year lease term in place.
More about this property
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