35 S Peachtree St - Restaurant FOR SALE


Norcross, GA 30071- Downtown Norcross
$1,200,000 USD
404-247-3733
35 S Peachtree St, Norcross, GA for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/52
null | 6.5% Cap Rate

35 S Peachtree St
Norcross, GA 30071
Downtown Norcross


HIGHLIGHTS

  • Prime location in Norcross’ historic downtown district.
  • High visibility with strong pedestrian and vehicular traffic.
  • Surrounded by popular restaurants, shops, and other venues.
  • Quick access to Buford Highway, Peachtree Industrial Blvd, and I-85.
  • Positioned in a growth-oriented, business-friendly submarket.

OVERVIEW

Own a piece of Historic Downtown Norcross! This gem of a building sits in a prime, walkable location in the center of historic and friendly downtown Norcross. Home to long-term tenants and fully leased through October 2027, the property offers immediate income in an exceptional location. The building has been well maintained over the years with updated systems and a newer roof. Inside, you'll find exposed brick walls, tall ceilings, abundant natural light, and incredible original hardwood floors. The street level is currently occupied by a busy restaurant featuring a bar, stage, professional-grade kitchen, and covered outdoor patio seating. Upstairs offers professional office suites, a half bath, kitchenette, and storage space. Adding to its appeal, the lot behind the building presents a unique redevelopment opportunity, with potential for a redesigned rear portion of the property that could accommodate additional commercial, office, residential, or mixed-use space, subject to approvals. This flexibility creates significant value-add potential for future ownership. A fantastic turnkey investment opportunity in an A+ location with both stable income and long-term redevelopment upside.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

AA012

APN/PARCEL ID

6-254A-010

ASK ABOUT THIS PROPERTY

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404-247-3733

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Roman TeyfCompass Commercial AtlantaMore Info
404-247-3733

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