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Street-Level Office Unit
For Sale
$850,000

C-3400 Malone Dr, Atlanta, GA 30341

Renovated commercial condominium with flexible office, retail, showroom, boutique, or service-space potential.

Property Size2,455 SF
Price / SF$346.23
Days on Market12

Property Features for C-3400 Malone Dr

General Information

Standard status Active
Size 2,455 SF

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Floor Street Level
Listing Agency: Bull Realty, Inc.
Listed By: JAKE STRANGE · License ##439191
Source: Exprealty
Added: Jul 21 Changed: Jul 31 Last Checked: Jul 31 at 6:19PM

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 Bull Realty, Inc.

Investment Insights

Based on property information with market context.

Suite C is a ±2,455 SF street-level commercial condominium on Malone Drive. The space is fully renovated with high-end finishes and is currently configured for office use, with flexibility to convert to retail, showroom, boutique, or service space. The property is suited to owner-users or investors seeking a finished commercial unit with multiple potential configurations.

The suite is positioned in an established mixed-use district with street visibility and walkable foot traffic. Surrounding amenities include restaurants, breweries, boutique retail, and dense residential growth. The property is minutes from the MARTA Chamblee station and Rail Trail, supporting access to daytime professionals as well as evening and weekend activity.

Key Highlights

  • ±2,455 SF street‑level commercial condominium
  • Fully renovated with high‑end finishes
  • Currently configured for office use

Financial Insights For Office B

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 $58.6k $23.87
− Vacancy −$14.8k −$6.02
EGI $43.8k $17.85
− OpEx −$11.0k −$4.46
NOI $32.9k $13.39
2,455 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$469.6K
$410.9K – $547.9K (±1% cap)
NOI $32,875 @ 7.0% cap · market cap 3.87%
Second Best
Retail
$408.8K
$357.7K – $476.9K (±1% cap)
NOI $28,613 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$686.3K
$600.5K – $800.7K (±1% cap)
NOI $48,039 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby

Demographics for 30341, GA

35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value

Market

Vacancy Rate% for Office in Atlanta, GA

17.9% 2019
20.4% 2020
22.2% 2021
22.4% 2022
23.8% 2023
25.2% 2024
25% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated commercial condominium with flexible office, retail, showroom, boutique, or service-space potential.
Where is this office units located?
The property is located at C-3400 Malone Dr Atlanta, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: ±2,455 SF street‑level commercial condominium; Fully renovated with high‑end finishes; Currently configured for office use
More about this property
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