Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Marketing & Advertising IT Consulting Firm
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Atlanta market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Atlanta, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Atlanta, GA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight