31 N Main St - Office/Residential FOR SALE


Alpharetta, GA 30009
$3,900,000 USD
310-980-3750
31 N Main St, Alpharetta, GA for Sale
$3,900,000 USD
Office/Residential - FOR SALE
1/24
null | Request Cap Rate

31 N Main St
Alpharetta, GA 30009


HIGHLIGHTS

  • Prime Downtown Alpharetta location with frontage on North Main Street, offering exceptional visibility and accessibility.
  • Walkable to Downtown Alpharetta City Center, Avalon, restaurants, retail, and entertainment destinations.
  • Conceptual expansion plans and site evaluations already completed, providing development-ready opportunities.
  • All utilities available on-site, reducing development and improvement costs.
  • Excellent owner-user, investment, or boutique development opportunity in one of Metro Atlanta's most sought-after submarkets.
  • Zoning flexibility with potential for Downtown Core (DTC) or Downtown Mixed-Use (DTMU) redevelopment.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$589 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

DTMU

APN/PARCEL ID

22-4984-1268-002-7

ASK ABOUT THIS PROPERTY

Stephanie KrankPowell Property Group, Inc.More Info
310-980-3750

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

Stephanie KrankPowell Property Group, Inc.More Info
310-980-3750

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