Property profile

929 Main St Stone Mountain, GA 30083

FOR SALE
Retail space
Property ID
US22-1491638
4,052 SF 0.05 ac lot Built 1940
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

929 Main St Stone Mountain, GA 30083
Stone Mountain metro Census 21914 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2022
Last sale
$350,000
1 recorded transaction
2022
$350,000

Zoning & alternative use

X · Stone Mountain, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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