Commercial

254 N Main Street

Alpharetta, GA 30009

Location

254 N Main Street, Alpharetta GA 30009

Interactive map

Loads on click

List Price$2,900,000
TypeOffice
Building2,301 SF
Lot0.57 Ac
Building

Improved commercial

2,301 SF building

Office · Office / Institutional · OI · $1,260 / SF · 0.57 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7555675
Listing Provided By Coldwell Banker Realty · 770-993-9200
Description

Property Description

ATTENTION INVESTORS: Prime Downtown Alpharetta Redevelopment Opportunity. Unlock the potential of a remarkable commercial property located at 254 North Main Street, just blocks north of Downtown Alpharetta. Situated on 0.568 acres, this property is within the heart of the city’s Downtown Master Plan, and is designated as "mixed use - live work," offering unmatched opportunity for visionary developers and investors. This prime location is ideal for high-density residential projects, including condominiums, townhomes, or single-family homes. Whether you are looking to capitalize on the growing demand for upscale housing in this vibrant area or seeking to be part of Alpharetta's ongoing transformation, this property is a perfect canvas for your next development project. To maximize the development potential, this property is ideally sold in conjunction with the neighboring property at 264 North Main St., offering a combined total of 1.1 acres and enhanced opportunities for larger-scale residential development. Located in one of the most sought-after regions in North Fulton, this property boasts proximity to top-rated schools, parks, shopping, dining, and all the amenities that make Alpharetta a premier destination. With easy access to major highways and just minutes from downtown Alpharetta, this location is poised for exceptional growth. Don’t miss your chance to be part of Alpharetta’s bright future. Contact us today to learn more about this incredible redevelopment opportunity! FIVE UNIQUE EXIT STRATEGIES FOR 254 AND 264 MAIN STREET: CLUSTER/TOWNHOMES, DT-MU W/ COMMERCIAL, SF DETACHED, STACKED CONDOS OR TOWNHOMES. SEE ATTACHED PROPOSED SKETCH PLANS.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1963
Zoning
OI
Price / SF
$1,260
Price / acre
$5,087,719
Days on market
371
Road frontage
99 ft
Owner pays
All Utilities, Exterior Maintenance, Insurance, Taxes
Taxes
$5,179
Tax year
2024

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Cable
  • Electricity
  • Natural Gas
  • Phone
  • Sewer
  • Underground Utilities
  • Water

Heating

  • Central

Cooling

  • Central Air

Market intelligence

MLS market activity. Not an appraisal. Individual comps are not listed.

Current ask$2.90M518d at this price · 371 DOM · cut from $3.10M
Market value$455,000–$555,000From highly similar local closed sales.
Market signalNegativeLong DOM and/or a price cut indicate the current ask is facing market resistance.

Commercial Analysis

Key metrics and property characteristics

List Price$2,900,000
Building Size2,301 SF
Price / SF$1,260
Lot Size0.57 Acres
Price / Acre$5,087,719
ZoningOI
Property SubtypeOffice
Year Built1963

Inquire about this listing

254 N Main Street

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Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

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