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Building 1 & 2 2972 Lookout Pl NE

9,760 SF 100% Leased Office Building Atlanta, GA 30305 $4,670,000 ($478/SF)

Investment Highlights

  • 2 Kitchens, 4 Ovens, Great for Catering, Event Space Possibility

Executive Summary

Live/Work/Rent in the heart of Buckhead in a custom built 8-bedroom 9500 sq. ft. home with an additional 2400 sq. ft of storage, and a 3-car garage. Unique property zoned residential/commercial. Use the entire space yourself or utilize the opportunity for either full or partial lucrative income producing aspects the property offers. Detached and separate entrances in every access point of this property. Located in Garden Hills walkable to all area restaurants, the Streets of Buckhead, parks, and area businesses. Close to both I-75, I-85, and GA 400 with easy ways to quickly access your destination. Use your entrepreneurial imagination on the best use and utilization of this property. Perfect for in town living, multigenerational living, a Bed and Breakfast, Chef inspired meals with Wine Tastings, Wedding Venue, with an office area on the bottom floor to privately meet clients. The office is the Ultimate Professional Space** - Four beautifully appointed individual offices, two with full baths - A reception area for your clients, including a handicapped-accessible bath - A break room - A conference room - A separate entrance featuring its own gourmet kitchen, two full baths, and exclusive meeting space. Take the elevator from your office to the additional levels of the home which you can arrange with your vision in mind. The elevator will take you to the 2nd floor which opens to A chef’s and caterer’s kitchen equipped with premium Wolf/Subzero appliances, four sinks, two dishwashers, and a butler's pantry -Nest Utilities tankless water heaters, AC units with ERV ventilation, Spray in insulation for energy control and efficiency - A 600 Bottle wine room that is temperature-controlled for the connoisseur - Four bedrooms, each with a private en suite bathroom and walk-in closets - Steam room/shower in master shower - A spacious and elegant dining area, perfect for casual or lavish entertaining. The two-story carriage house can be accessed via the elevator, or by simply walking to the separate entrance. The carriage house has a spacious open area on the bottom floor for multi-purpose use. The 2nd level of the Carriage House has 2 bedrooms with en suite bathrooms, an open floor plan, and a chef’s kitchen. Perfect structure for a long-term rental, to house extended family members, VRBO, or utilize to entertain guest or business associates. A Rare Buckhead find offering an opportunity to own a property with both commercial and residential zoning. This versatile property not only promises high rental yields but also provides the flexibility to adapt the property to your vision. The property is within walking distance of the Atlanta International School, and close to many of the area's top public and private schools. The home is priced below the appraised value.
Owner is a licensed Real Estate Broker.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,760 SF
Building Class
B
Year Built
2017
Price
$4,670,000
Price Per SF
$478
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,440 SF
Building FAR
0.97
Land Acres
0.23 AC
Zoning
RLC - Commerical/Residential
Parking
2 Spaces (0.2 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Bus Line
  • Restaurant
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-0060-0001-038-0
  • 17-0060-0001-037-2
Land Assessment
$405,920
Improvements Assessment
$312,360
Total Assessment
$718,280
  • Listing ID: 32545678

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 2972 Lookout Pl NE, Atlanta, GA 30305

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