741 Piedmont Ave NE, Unit E Atlanta, GA 30308

Property Details for 741 Piedmont Ave NE

Year built

1920

Lot size

0.22 lot acres

Property size

7,479 SF

Property type

Commercial real estate

Description

This exceptional three-story, 7,479 square foot traditional office building at 741 Piedmont Ave NE, Atlanta, GA 30308, presents a unique owner-user investment opportunity. Built in 1920 and extensively renovated in 2021, including a new roof and HVAC system, this Class B property boasts 95% occupancy with a lease expiration date of August 23, 2024. The building sits on a 0.22-acre lot and features multiple tenant spaces, generating over $20,000 in monthly income from gross leases. The flexible layout allows an owner-user to occupy a portion of the space while continuing to lease the remaining area to existing tenants. Each floor offers independent access, providing privacy for an owner-occupier. The main floor includes six offices, reception, a conference room, two bathrooms, a kitchenette, and storage. The upper floor contains seven offices, one bathroom, and a kitchenette. The lower level offers nine offices, two bathrooms, a waiting room, a kitchenette, and storage. Month-to-month parking leases provide additional revenue streams. The building benefits from prominent Piedmont Avenue signage and high daily traffic counts (13,300 average). A rent roll is available upon request with a signed confidentiality agreement. The asking price is $2,585,000 ($345.63/sq ft).