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Property profile & analytics
OFF-MARKET
Retail space

929 Main St Stone Mountain, GA 30083

4,052 SF 0.05 ac lot Built 1940
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1491638
Property summary
AI-generated overview

This exceptional 1,720 square foot retail space at 929 Main St, Stone Mountain, GA 30083 presents a unique investment opportunity. Located in the heart of Downtown Stone Mountain Village, this two-story building boasts a full-granite exterior, offering high visibility and accessibility. Its prime location, steps from Stone Mountain Park, ensures high foot traffic from both tourists and locals. The property is currently a shell space, providing flexibility for a custom build-out to suit various business concepts, such as restaurants, boutiques, or spas. Existing infrastructure includes gas, water, and electrical services, with established chases for HVAC to the roof. Ample street parking is available on both sides of the building, with two additional parking lots directly across the street. This property offers a blend of historic charm and modern convenience, making it an ideal location for a thriving business. The building is a single-tenant space within a commercial property, and requires mechanical, electrical, and plumbing installation. This is a rare opportunity to establish a business in a high-traffic area with significant tourist draw. The property is situated in DeKalb County.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD FRAME
Total area 4,052 SF
Lot 0.05 ac (2,047 SF)
Zoning code X
APN 18 089 27 026
UPID US22-1491638
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
Current use
Occupant on record · Public records
  • Granite House Lofts Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cloud Street Development INC · 3 yrs held
Cloud Street Development INC
since 2022
Last sale
$350,000
1 recorded transaction
2022
$350,000
Zoning & alternative use
X · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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