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31 N Main St
Alpharetta, GA 30009
Office Property For Sale
Investment Highlights
- Prime Downtown Alpharetta location with frontage on North Main Street, offering exceptional visibility and accessibility.
- Conceptual expansion plans and site evaluations already completed, providing development-ready opportunities.
- Excellent owner-user, investment, or boutique development opportunity in one of Metro Atlanta's most sought-after submarkets.
- Walkable to Downtown Alpharetta City Center, Avalon, restaurants, retail, and entertainment destinations.
- All utilities available on-site, reducing development and improvement costs.
- Zoning flexibility with potential for Downtown Core (DTC) or Downtown Mixed-Use (DTMU) redevelopment.
Executive Summary
This property offers a rare opportunity for redevelopment or repositioning in one of the most desirable corridors in North Fulton. The existing ±6,620 SF building was previously
used as office space, but the site lends itself to multiple future paths — including rezoning to DTC (Downtown Core) or DTMU (Downtown Mixed Use) for retail, restaurant, or mixed-use concepts.
A full tree evaluation and design plans are already complete and can be shared upon request. The architect’s plan included in the materials is still very accurate — most of the
major walls are in place, a few front office walls and door frames haven’t been installed yet, and the bathrooms are unfinished, but the layout reflects the intended buildout.
The property also produces supplemental income from on-site parking, managed by LAZ Parking, averaging approximately $2,600 annually based on recent statements.
used as office space, but the site lends itself to multiple future paths — including rezoning to DTC (Downtown Core) or DTMU (Downtown Mixed Use) for retail, restaurant, or mixed-use concepts.
A full tree evaluation and design plans are already complete and can be shared upon request. The architect’s plan included in the materials is still very accurate — most of the
major walls are in place, a few front office walls and door frames haven’t been installed yet, and the bathrooms are unfinished, but the layout reflects the intended buildout.
The property also produces supplemental income from on-site parking, managed by LAZ Parking, averaging approximately $2,600 annually based on recent statements.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,620 SF
Building Class
C
Year Built
1987
Price
$3,900,000
Price Per SF
$589.12
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
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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