Windowed Retail
694 Charles Allen Drive NE, Atlanta, GA 30308
For Sale
New
Contact for pricing
A rear entry, restroom, and storage area complement the compact customer-facing space.
Property Size1,940 SF
Price / SF$4.95
Days on Market4
Property Features for 694 Charles Allen Drive NE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
large front windows
natural light
excellent visibility
street parking
side parking lot
storage area
bathroom
rear access door
0.271 acres, Level, Near Public Transit
Composition
Public Sewer
Parcel Number: 14 004800100193
Brick
Central Air
Central
Listing ID: 10886185, Standard Status: Active, MLS Status: New, On market as of 2026-11-06, 1 day on market
On Street, Parking Lot, Paved
Built in 1940, Construction Materials: Brick
County/Parish: Fulton
Updated/Remodeled
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams West Atlanta
(470) 907-8266
Listed By:
Joy Wyatt · License #387400
(470) 992-4877
Source:
Blackstreaminternational
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:14PM
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 Keller Williams West Atlanta
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 525-square-foot storefront, built in 1940, features large front windows and natural light. A storage area, restroom, rear entrance, and parking options on the street and in a side lot add practical support. The space is identified for retail, office, or cafe use.
The property is on Charles Allen Drive NE in Atlanta, 0.4 miles from Ponce City Market. Its busy-street setting has pedestrian traffic.
The property is on Charles Allen Drive NE in Atlanta, 0.4 miles from Ponce City Market. Its busy-street setting has pedestrian traffic.
Key Highlights
- 525‑square‑foot storefront with large front windows
- 0.4 miles from Ponce City Market
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,119
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,380
$122.4K
Cap Rate 7%
$87,414
$87.4K
Cap Rate 9%
$67,989
$68.0K
Market Conditions
NOI Build-Up for 525 SF
Gross rent
$9.5K $18.00/SF
− Vacancy
−$709 −$1.35/SF
EGI
$8.7K $16.65/SF
− OpEx
−$2.6K −$5.00/SF
NOI
$6.1K $11.66/SF
Area
Atlanta, GA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,380
Cap Rate 7%
$87,414
Cap Rate 9%
$67,989
Alternative Uses
Best Use
Retail
$87.4K
$76.5K – $102.0K
NOI $6,119 @ 7.0% cap · market cap 235.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$146.8K
$128.4K – $171.2K
NOI $10,273 @ 7.0% cap · market cap 395.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,868
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30308, GA
22,121
Population
16,007
Households
1.4
Avg Household Size
32
Median Age
74%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
13,826
Density / Sq Mi
$82,420
Median Household Income
$64,696
Median Earnings
$1,824
Median Rent
$387,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Atlanta, GA
Properties on Market for Storefront properties in Atlanta
Vacancy Rate% for Retail in Atlanta, GA
Similar Off Market Nearby
- Just Same Day Flower Delivery Inc. — 712 ponce de leon pl ne, atlanta, ga 30306
- Forage Botanical — 696 Somerset Terrace NE, Atlanta, GA 30306
Frequently Asked Questions
What type of property is this?
Storefront property - A rear entry, restroom, and storage area complement the compact customer-facing space.
Where is this storefront property located?
The property is located at 694 Charles Allen Drive NE Atlanta, GA.
What are key features of this property?
This property features: 525‑square‑foot storefront with large front windows; 0.4 miles from Ponce City Market; Built in 1940
