Two-Story Live-Work
New
For Sale
$525,000
887 W Marietta Street NW #S105, Atlanta, GA 30318
A renovated kitchen, full bathroom, and direct loading-dock access support the space’s residential and commercial configuration.
Property Size2,069 SF
Price / SF$253.75
Days on Market2
Property Features for 887 W Marietta Street NW #S105
General Information
Standard status
Active
Size
2,069 SF
Total Parking Spaces
1
Property subtype
Commercial
Zoning
R-1
Site & Location
Neighborhood
English Avenue
Additional Details
Condition
Move-in Ready
Property Use
Live/Work
Taxes and HOA fees
Annual Taxes
$4,138
Amenities
24/7 security
courtyard with koi pond
loading dock
Beamed Ceilings
High Ceilings 10 or Greater
Living Space Available
Low Flow Plumbing Fixtures
Restrooms
Building Details
Building Size
2,069 SF
Year Built
1936
Buildings
1
Stories
1
Construction
timber and steel
Tenancy
Multi
Listing Agency:
Beacham and Company
(404) 261-6300
Listed By:
Asha Anantharaman
(404) 310-2064
Source:
Birch-river
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:24AM
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 Beacham and Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story live-work studio at 887 W Marietta Street NW #S105 combines residential and commercial features. The property includes a renovated kitchen, a full bathroom, oversized multi-pane windows, and direct access to the building’s loading dock. Timber beams and exposed steel frame ceilings that reach 16 feet. The building dates to 1936, and the space is zoned R-1.
One dedicated parking space is attached to the unit deed. The property is within the King Plow Arts Center campus in Atlanta.
One dedicated parking space is attached to the unit deed. The property is within the King Plow Arts Center campus in Atlanta.
Key Highlights
- Live‑work space with a two‑story layout, renovated kitchen, and full bathroom
- 16‑foot ceilings with timber beams and exposed structural steel
- Direct access to the building’s loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,932
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,640
$558.6K
Cap Rate 7%
$399,029
$399.0K
Cap Rate 9%
$310,356
$310.4K
Market Conditions
NOI Build-Up for 2,069 SF
Gross rent
$49.7K $24.00/SF
− Vacancy
−$5.0K −$2.40/SF
EGI
$44.7K $21.60/SF
− OpEx
−$16.8K −$8.10/SF
NOI
$27.9K $13.50/SF
Area
ZIP 30318
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,640
Cap Rate 7%
$399,029
Cap Rate 9%
$310,356
Alternative Uses
Best Use
Mixed Use
$399.0K
$349.2K – $465.5K
NOI $27,932 @ 7.0% cap · market cap 5.32%
Second Best
Office B
$395.8K
$346.3K – $461.8K
NOI $27,706 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$578.4K
$506.1K – $674.8K
NOI $40,486 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Live-work space - A renovated kitchen, full bathroom, and direct loading-dock access support the space’s residential and commercial configuration.
Where is this live-work space located?
The property is located at 887 W Marietta Street NW #S105 Atlanta, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Live‑work space with a two‑story layout, renovated kitchen, and full bathroom; 16‑foot ceilings with timber beams and exposed structural steel; Direct access to the building’s loading dock
