This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
620 Peachtree St NE - Midtown Office/Retail Space
6,900 SF Condo Units Offered at $2,844,477 CAD Per Unit in Atlanta, GA 30308
Investment Highlights
- Two commercial condos facing Peachtree Street on the corner of North Ave.
- Former Midtown Diner is approximately 5,450 SF and is down to the studs.
- Complimentary gated off street parking allowed in the Windsor parking deck.
- Well located on the ground floor of the 270 unit Windsor Over Peachtree condos.
- Former Subway is approximately 1,450 SF and is near move in ready.
- Excellent visibility with 30,900 vehicles passing daily on North Ave and 20,550 on Peachtree.
Property Facts
| Price | $2,844,477 CAD | Building Class | B |
| Unit Size | 6,900 SF | Floors | 19 |
| No. Units | 2 | Typical Floor Size | 12,924 SF |
| Total Building Size | 245,550 SF | Year Built | 1965 |
| Property Type | Office | Lot Size | 0.80 AC |
| Property Subtype | Loft/Creative Space | Parking Ratio | 3/1,000 SF |
| Price | $2,844,477 CAD |
| Unit Size | 6,900 SF |
| No. Units | 2 |
| Total Building Size | 245,550 SF |
| Property Type | Office |
| Property Subtype | Loft/Creative Space |
| Building Class | B |
| Floors | 19 |
| Typical Floor Size | 12,924 SF |
| Year Built | 1965 |
| Lot Size | 0.80 AC |
| Parking Ratio | 3/1,000 SF |
2 Units Available
Unit 270
| Unit Size | 6,900 SF | Condo Use | Office/Retail |
| Price | $2,844,477 CAD | Sale Type | Investment |
| Price Per SF | $412.24 CAD |
| Unit Size | 6,900 SF |
| Price | $2,844,477 CAD |
| Price Per SF | $412.24 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
Sale Notes
This offering is two prime ground-floor vacant commercial condos in the Windsor Over Peachtree condo building, right in the heart of Midtown Atlanta on Peachtree Street and North Avenue. The larger suite, formerly the Midtown Diner, is 5,450 SF and ready for renovation. The smaller suite, formerly Subway, is 1,450 SF and is nearly move-in ready. The spaces can be used for restaurant or easily converted for medical or retail uses.
With excellent visibility from Peachtree Street and North Avenue, the property benefits from 30,900 vehicles passing daily and heavy foot traffic from nearby hotels, office buildings, Emory Midtown Hospital, the Fox Theatre, and the Bank of America Tower across the street. This is a high-traffic, high-exposure location ideal for restaurant or retail use.
The owner gets one tax bill and one HOA bill and has been splitting them 22% / 78%. Taxes have been $17,250 and HOA has been $31,000 per year. The HOA amount includes base property insurance and water. The tenants had been reimbursing the landlord for all of this, and new tenants are expected to as well.
Market Landscape
Diner(white)/Subway (grey)
Diner (1) Subway (2)
Unit 202
| Unit Size | 6,900 SF | Condo Use | Retail |
| Price | $2,844,477 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $412.24 CAD |
| Unit Size | 6,900 SF |
| Price | $2,844,477 CAD |
| Price Per SF | $412.24 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Property Manager on Site
- Air Conditioning
zoning
| Zoning Code | SPI2 (Special Public Interest) |
| SPI2 (Special Public Interest) |
-
Elliott Kyle -
Skyline Seven Real Estate
Presented by
620 Peachtree St NE - Midtown Office/Retail Space
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.