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Investment Highlights
- Premier Downtown Location: Walkable to City Center, Avalon, and local restaurants
- Development-Ready: Existing plans and site evaluations available
- Excellent Visibility: Frontage on N Main Street with high daily traffic counts
- Zoning Flexibility: Can be rezoned to DTC (Downtown Core) or DTMU (Downtown Mixed Use)
- Existing Improvements: Previously used as an office building — easily convertible or ready for redevelopment
- Future Value: Ideal for owner-user, investor, or boutique developer
Executive Summary
Property Description
Located in the heart of Downtown Alpharetta, 31 N Main Street presents a rare opportunity to acquire a prime property with flexible potential — suitable for office, retail, or mixed-use redevelopment.
The site currently features an existing ±6,620 SF building, and conceptual design plans already completed for a future building expansion.
Location Description
Situated in the vibrant city of Alpharetta, the location of the property offers a dynamic environment for prospective Office / Office Building investors. This area is renowned for its thriving business community, excellent dining options, and diverse retail offerings that create a rich tapestry for professionals and entrepreneurs alike. Just moments away, the bustling Avalon and the charming Historic Downtown Alpharetta provide a variety of entertainment, dining, and networking opportunities. With convenient access to major highways and public transportation, the property's location presents an appealing investment opportunity within a flourishing commercial landscape.
Located in the heart of Downtown Alpharetta, 31 N Main Street presents a rare opportunity to acquire a prime property with flexible potential — suitable for office, retail, or mixed-use redevelopment.
The site currently features an existing ±6,620 SF building, and conceptual design plans already completed for a future building expansion.
Location Description
Situated in the vibrant city of Alpharetta, the location of the property offers a dynamic environment for prospective Office / Office Building investors. This area is renowned for its thriving business community, excellent dining options, and diverse retail offerings that create a rich tapestry for professionals and entrepreneurs alike. Just moments away, the bustling Avalon and the charming Historic Downtown Alpharetta provide a variety of entertainment, dining, and networking opportunities. With convenient access to major highways and public transportation, the property's location presents an appealing investment opportunity within a flourishing commercial landscape.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,620 SF
Building Class
C
Year Built
1987
Price
$4,500,000
Price Per SF
$679.76
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,310 SF
Slab To Slab
8’
Building FAR
0.41
Lot Size
0.37 AC
Zoning
DTMU - Downtown Mixed Use
Parking
12 Spaces (1.81 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Convenience Store
- Restaurant
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 22-4984-1268-002-7 | Improvements Assessment | $398,800 |
| Land Assessment | $246,440 | Total Assessment | $645,240 |
Property Taxes
Parcel Number
22-4984-1268-002-7
Land Assessment
$246,440
Improvements Assessment
$398,800
Total Assessment
$645,240
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31 N Main St
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