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1126 Ponce De Leon Ave 5,771 SF Vacant Office Building Atlanta, GA 30306 $2,125,000 ($368.22/SF)
Investment Highlights
- Prime Ponce de Leon Avenue frontage with excellent visibility and accessibility
- Approximately 10 on-site parking spaces, a valuable amenity in this intown location. Additional parking on St. Augustine Pl (sidewalk from building)
- Located near popular Atlanta destinations including Virginia-Highland, Little Five Points, Plaza Theatre, and Freedom Parkway
- Ideal for owner-user or investment acquisition
- Convenient access to Downtown Atlanta, Midtown, Decatur, Emory University, and Georgia Tech.
- Opportunity for full-building occupancy or multi-tenant operation.
Executive Summary
This prime property is a 5,771 SF, three-story Class B office building located in Atlanta's highly desirable Virginia-Highland/Atkins Park area. Built in 1950 and situated on approximately 0.16 acres, the property features multiple office suites, conference rooms, kitchens, and on-site parking. The asset is positioned along the heavily traveled Ponce de Leon Avenue corridor, offering convenient access to Downtown Atlanta, Emory University, Midtown, and Decatur. The property is currently marketed as a potential owner-user or investment opportunity and is zoned OI (Office Institutional). Comparable sales should consider the building's infill location, small-bay office configuration, parking availability, and proximity to major Atlanta employment and retail centers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,771 SF
Building Class
B
Year Built
1950
Price
$2,125,000
Price Per SF
$368.22
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,924 SF
Building FAR
0.83
Lot Size
0.16 AC
Zoning
OI - Office Institutional
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-0016-0009-085-5 | Improvements Assessment | $553,360 |
| Land Assessment | $127,600 | Total Assessment | $680,960 |
Property Taxes
Parcel Number
14-0016-0009-085-5
Land Assessment
$127,600
Improvements Assessment
$553,360
Total Assessment
$680,960
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Contact the Sale Advisor
1126 Ponce De Leon Ave