Street-Level Office
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 Market103
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
Taxes and HOA fees
Annual Taxes
$12,569
Listing Agency:
Bull Realty, Inc.
Listed By:
JAKE STRANGE · License ##439191
(404) 876-1640
Source:
Exprealty
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 30 at 3:07PM
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.
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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.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$32,875
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,500
$657.5K
Cap Rate 7%
$469,643
$469.6K
Cap Rate 9%
$365,278
$365.3K
Market Conditions
NOI Build-Up for 2,455 SF
Gross rent
$58.6K $23.87/SF
− Vacancy
−$14.8K −$6.02/SF
EGI
$43.8K $17.85/SF
− OpEx
−$11.0K −$4.46/SF
NOI
$32.9K $13.39/SF
Area
Atlanta, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,500
Cap Rate 7%
$469,643
Cap Rate 9%
$365,278
Alternative Uses
Best Use
Office B
$469.6K
$410.9K – $547.9K
NOI $32,875 @ 7.0% cap · market cap 3.87%
Second Best
Retail
$408.8K
$357.7K – $476.9K
NOI $28,613 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$686.3K
$600.5K – $800.7K
NOI $48,039 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Renovated commercial condominium with flexible office, retail, showroom, boutique, or service-space potential.
Where is this office unit 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
