20 Marietta St NW - Apartments CONDO FOR SALE


Atlanta, GA 30303- Centennial Yards
$1,499,999 USD
678-642-8400
20 Marietta St NW, Atlanta, GA for Sale
$1,499,999 USD
Apartments CONDO - FOR SALE
1/66
null | Request Cap Rate

20 Marietta St NW
Atlanta, GA 30303
Centennial Yards


HIGHLIGHTS

  • Heavy pedestrian traffic and tourism
  • 7,120 SF Two-Level Commercial Condo | Five Points, Downtown Atlanta
  • Blank-canvas value-add.

OVERVIEW

GreatHomesATL is pleased to present Unit CU2 at The Metropolitan, 20 Marietta Street NW: a 7,120 square foot, two-level commercial condominium occupying a prime position at the head of Marietta Street in the heart of Downtown Atlanta. Location. The property sits at Five Points, Downtown Atlanta's central intersection and the convergence point of MARTA's rail system. The immediate trade area draws from Georgia State University, the Fulton County and Federal courthouse corridor, state and municipal government offices, Woodruff Park, and the Fairlie-Poplar district, producing a daytime population base that supports food and beverage, professional service, and convenience retail concepts. Centennial Yards, State Farm Arena, and Mercedes-Benz Stadium are within walking distance. Zoning and Flexibility. The property is zoned SPI-1 (Downtown Special Public Interest District), among the most permissive commercial classifications in the City of Atlanta. Offices, retail, eating and drinking establishments, professional and personal service uses, clinics, galleries, commercial recreation, schools, and residential uses are all permitted principal uses. Critically, SPI-1 imposes no minimum off-street parking requirement, so the absence of dedicated parking does not constrain use or occupancy. Prospective buyers should independently verify zoning, permitted use, and subarea designation with the City of Atlanta Office of Zoning and Development. Investment Profile. Offered at $1,499,999, or $210.67 per square foot for two-level Downtown commercial. The property is located in Flood Zone X and requires no lender-mandated flood insurance. Downtown Atlanta recorded the largest quarterly vacancy improvement of any Atlanta submarket in Q2 2026. The Space. Two full levels are connected within a single unit, served by a courtyard-facing entrance. That configuration allows the space to operate as one contiguous 7,120 square foot user or to be divided into separate tenancies, each with its own access. Ceiling heights exceed ten feet. Floors are concrete and tile. The building carries a flat roof and central HVAC. Condition. The property is offered AS-IS as a value-add opportunity with minimal prior tenant improvements in place, giving a buyer full control of the build-out. Asbestos is present in construction materials. Central HVAC will require replacement. No seller's property disclosure will be provided. Buyers should conduct full due diligence. Showings. By appointment only. Listing broker must be present. Proof of funds required prior to scheduling. Curtis Russell, CLHMS | GreatHomesATL 678-642-8400 | curt@greathomesatl.com www.greathomesatl.com

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Metropolitan #CU-2

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

126,000 SF

STORIES

16

BUILDING CLASS

C

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

610 SF

ZONING

SPI1

APN/PARCEL ID

14-0077-0003-188-9

ASK ABOUT THIS PROPERTY

Curtis RussellGreatHomesATLMore Info
678-642-8400

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Curtis RussellGreatHomesATLMore Info
678-642-8400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.