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Property profile & analytics
OFF-MARKET
Medical Office Space

754 Piedmont Ave Atlanta, GA 30308

5,634 SF 0.26 ac lot Built 1885
Property ID
US22-0242750
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Year built 1885
Total area 5,634 SF
Lot 0.26 ac (11,108 SF)
APN 14-0049-0005-048-8
UPID US22-0242750
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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