314 Auburn Ave NE Atlanta, GA 30303
This vacant, two-story, 4,358 sq ft commercial building in Atlanta's Sweet Auburn district is available for $1,295,000. Located at 314 Auburn Ave NE, this property sits on a 1,655 sq ft lot and features two units, previously used as a restaurant, convenience store, and pharmacy. Built in 1930, it's zoned C3 and offers adaptable space ideal for various commercial uses, including restaurant, retail, or office space. The building includes an outdoor patio and an unfinished basement with expansion potential. The property is offered as-is, with a NNN lease type, and benefits from the area's revitalization efforts, including new mixed-use developments and public green spaces. High foot traffic and visibility in a historically significant location make this a prime investment opportunity in the heart of downtown Atlanta. The property's unique blend of historical charm and modern potential offers a strong return on investment in a thriving community. This is a chance to own a piece of Atlanta's history and be part of its continued growth and development.
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The Social House Cocktail Lounge Marketing & Advertising IT Consulting Firm
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SIDEPIECE WINGS Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Atlanta, GAAtlanta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.