Corner Live-Work
970 Main Street Stone Mountain, GA 30083
For Sale
$575,000
COMMERCIAL - Stone Mountain, GA
Property Size2,800 SF
Lot Size0.01 Acres
Price / SF$205.36
Days on Market39
Property Features for 970 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
5
Parking features
Parking Lot
Standard status
Active
APN
18 089 02 007
Size
2,800 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8750
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2019
Flooring type
Concrete
Building materials
Brick
Listing Agency:
HomeSmart
(404) 876-4901
Listed By:
Shante Lewis
(678) 464-0149
Added: Jun 22
Changed: Jun 29
Last Checked: Jul 30 at 8:06AM
MLS# 10793980
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner live-work building includes a flex retail space on the main level and a spacious 2-bedroom, 1-bath apartment upstairs. The property was completely rebuilt from the studs in 2017 to its original early-1900s design, combining vintage character with recent construction.
Situated at the intersection of Main and E. Mountain in Historic Stone Mountain Village, it is zoned under the Village Center Mixed-Use designation. The listing describes easy access to Hwy 78 and proximity to Stone Mountain Park, as well as being next to the city’s upcoming Lawn on Main mixed-use greenspace and amphitheater park.
According to the remarks, no new pipes or roof replacements are needed, since the rebuild work has already been completed.
Situated at the intersection of Main and E. Mountain in Historic Stone Mountain Village, it is zoned under the Village Center Mixed-Use designation. The listing describes easy access to Hwy 78 and proximity to Stone Mountain Park, as well as being next to the city’s upcoming Lawn on Main mixed-use greenspace and amphitheater park.
According to the remarks, no new pipes or roof replacements are needed, since the rebuild work has already been completed.
Key Highlights
- Corner building in Historic Stone Mountain Village with main‑level flex retail space and a 2 bed/1 bath apartment upstairs (live/work setup).
- Completely rebuilt from studs (2017) with vintage early‑1900s design; year built listed as 2019.
- Brick construction with concrete flooring, plus central heating and central air.
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 | $61.5k | $21.96 |
| − Vacancy | −$5.2k | −$1.87 |
| EGI | $56.3k | $20.09 |
| − OpEx | −$16.9k | −$6.03 |
| NOI | $39.4k | $14.07 |
2,800 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$562.6K
$492.3K – $656.4K
NOI $39,383 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$537.4K
$470.2K – $626.9K
NOI $37,615 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$782.7K
$684.9K – $913.2K
NOI $54,790 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Corner building with flex retail on the main level and a 2-bed, 1-bath apartment upstairs.
Where is this live-work space located?
The property is located at 970 Main Street Stone Mountain, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Corner building in Historic Stone Mountain Village with main‑level flex retail space and a 2 bed/1 bath apartment upstairs (live/work setup).; Completely rebuilt from studs (2017) with vintage early‑1900s design; year built listed as 2019.; Brick construction with concrete flooring, plus central heating and central air.
