Property Listing No Longer Available for Sale

675 Seminole Ave NE, Suite B1

Atlanta, GA

Office for Sale - $600,000 - 3,147 Sq. Ft. on 1.17 acres


Property Info

CIMLS#1061669
Location
  675 Seminole Ave NE, Suite B1
  Atlanta GA 30307
UpdatedSeptember 16th, 2024
TypeOffice
Price$600,000
Building3,147 Sq. Ft.
Land1.17 acres

Property Description

The Highland Building offers a charming and updated office environment in the vibrant Poncey-Highlands neighborhood. Priced attractively at $600,000, this exceptional property features a strong 8% cap rate and is priced well below its tax value of $942,600. The property also stands out for its value compared to the per sq/ft price of other recent sales in the same building.

This office space includes 3,147 sq. ft. of newly renovated area, featuring three separate open offices of approximately 1,000 sq. ft. each, a full conference room, a well-equipped kitchen and coffee bar, and private restrooms. Additionally, tenants benefit from access to building-wide amenities such as three break rooms and public restrooms. The seller is also willing to sign a NNN lease upon closing.

Conveniently located just minutes from Ponce City Market, the Atlanta BeltLine, and the Freedom Trail, the building is within walking distance to a variety of dining and shopping options, including Publix, FedEx, Urban Outfitters, Sweet Auburn BBQ, and San Francisco Coffee. You’ll enjoy direct access to the Freedom Trail and the Atlanta BeltLine. Parking is convenient with one reserved spot in the building’s lot, plus street and deck parking options. The location is centrally positioned, within a 15-minute drive of North Druid Hills, Morningside, Grant Park, Atlantic Station, downtown, and midtown Atlanta. Nearby MARTA bus stops, biking, and scootering options further enhance accessibility. Little Five Points and Ponce City Market are just one mile away, adding to the area’s appeal.

Property Highlights:

- Sale Price: $600,000

- Cap Rate: 8%

- Seller to Sign NNN Lease Upon Closing

- 3,147 sq. ft. of Newly Renovated Office Space

- Includes Private Bathrooms

- Access to Conference Room, Break Room, Kitchen, and Coffee Bar

- Prime Location with Walking Distance to Dining Options

- Priced well below tax value of $942,600

- Priced well below the per sq/ft price of other recent sales in the same building

For more information, contact:

Jacob Jordan

404-618-0878

Jacob@stratuspg.com

www.stratuspg.com


Financials



Similar Listings