Commercial

32 Peachtree Street NW Unit CU2

Atlanta, GA 30303

Location

32 Peachtree Street NW Unit CU2, Atlanta GA 30303

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List Price$800,000
TypeRetail
Building1,822 SF
Lot0.04 Ac
Building

Improved commercial

1,822 SF building

Retail · Commercial · C-3 · $439 / SF · 0.04 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7729867
Listing Provided By Keller Williams Rlty, First Atlanta · 404-531-5700
Description

Property Description

Back on the market as Buyer funds did not come. Owner Financing is Possible on rare Peachtree St retail condo zoned C-3 for many retail uses. Owner had successful jewelry store next door for 30+ years until 4 years ago. Of the 1822 sf, 911 sf is on street level with the same square footage in basement area ideal for storage. Retail space is ideal for pharmacy, cafe, bookstore, clothing retailer, antique store, music store dry cleaner, ice cream parlor or desert store, fitness center, or electronics store (Radio Shack was there many years prior to condo conversion). Property is directly across the street from Woodruff Park which is 500 ft to the 5 Points Marta Station which is the transfer point between all Marta rail lines traveling north to south or east to west. Georgia State University surrounds property having hundreds of students pass by daily. Walking distance to Peachtree Plaza, Mercedes Benz Stadium,Georgia World Congress Center, Centennial Olympic Park, State Farm Arena, Undereground Atlanta, Ge3orgia Aquarium and much more. 115 residential condo units are directly above in the building with over a 30,000 car count in 3 major streets that converge. Tons of foot traffic too. Finish the interior and start selling to clients immediately.
Tax Advantage

Opportunity Zone Property

Tract 13121011900

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1920
Zoning
C-3
Price / SF
$439
Price / acre
$20,000,000
Days on market
129
Ceiling height
9
Road frontage
28 ft
Owner pays
Cable TV, Electricity, Management, Repairs, Trash Collection
Taxes
$11,610
Tax year
2024
Opportunity zone
Yes

Utilities & systems

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

Available

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

Sewer

  • Public Sewer

Heating

  • Central

Cooling

  • Electric

Market intelligence

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

Current ask$800,00074d at this price · 129 DOM · cut from $1M
Market valueUnavailableNot enough highly similar local closed sales to quote a defensible market-value range.
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$800,000
Building Size1,822 SF
Price / SF$439
Lot Size0.04 Acres
Price / Acre$20,000,000
ZoningC-3
Property SubtypeRetail
Year Built1920

Inquire about this listing

32 Peachtree Street NW Unit CU2

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Disclaimer

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.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.