754 Piedmont Ave Atlanta, GA 30308
This meticulously restored 1885 Craftsman building at 754 Piedmont Ave NE, Atlanta, GA 30308, offers a unique blend of historic charm and modern functionality. The three-story, 5,634 square foot mixed-use property features a blend of executive, medical, and traditional office space, currently vacant and available for owner/user occupancy starting December 1, 2024. The asking price is $2,200,000, representing a pro-forma cap rate of 6.80% and a pro-forma NOI of $150,520. The building boasts high ceilings (9-10 feet), stunning fireplaces, and 6-panel pocket doors. The main and lower levels offer open office space, conference rooms, and studio galleries, while the second floor provides a 3-bedroom, 2-bathroom residence with a fully renovated kitchen featuring high-end appliances (Viking stove, Bosch dishwasher). Modern updates include NEST thermostats, updated electrical and plumbing, insulated attic and walls, and a reinforced foundation with a lifetime-warrantied vapor barrier. The basement/terrace level offers versatile space for additional office, storage, gym, or wine cellar. The 0.255-acre lot includes six monitored off-street parking spaces and a private back courtyard. The property is zoned RG3 and benefits from the upcoming Piedmont Road Corridor renovation, enhancing pedestrian and bike access. This is a rare opportunity to own a live/work property in Atlanta's desirable Midtown Garden District.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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