20 Marietta ST NW #CU2, Atlanta, GA 30303
20 Marietta ST NW #CU2, Atlanta, GA 30303
20 Marietta ST NW #CU2, Atlanta, GA 30303
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$1,499,999
Est. payment /mo
7,120 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial,Mixed Use,Office,Retail

Listing Status New

Purchase Type For Sale

Square Footage 7,120 sqft

Price per Sqft $210

Subdivision No Subdivision

MLS Listing ID 10813507

HOA Y/N No

Year Built 1921

Annual Tax Amount $16,068

Tax Year 2025

Lot Size 7,013 Sqft

Acres 0.161

Lot Dimensions 7013.16

Property Sub-Type Commercial,Mixed Use,Office,Retail

Source Georgia MLS 2

Property Description

Exceptional Downtown Atlanta Redevelopment Opportunity! Seize the opportunity to acquire one of Downtown Atlanta's most compelling redevelopment opportunities. Commercial Unit#2 at 20 Marietta Street NW offers more than 7,100 square ft across two expansive levels, presenting an exceptional opportunity for investors, developers, owner-users, and institutional buyers seeking a large commercial footprint in one of Atlanta's most dynamic urban districts. Offered in AS-IS condition, this property is a true value-add investment with significant upside. The space requires a comprehensive renovation, including replacement of the HVAC system, modernization of other systems, and substantial interior improvements. This is more than a renovation project. It is an opportunity to reposition a sizable Commercial asset into a destination business while benefiting from the continued transformation of Downtown Atlanta. Located within The Metropolitan, the historic former Third National Bank Building, completed in 1908 as Atlanta's first skyscraper; this landmark property combines architectural significance with exceptional redevelopment potential. Its prominent location at the intersection of Marietta St & Broad St provides outstanding visibility in the heart of Atlanta's central business district. The flexible two-level layout is well suited for a variety of Commercial uses, including an upscale restaurant, sports bar, boutique fitness or wellness center, medical/dental practice, professional offices, technology hub, co-working space, luxury salon, specialty grocery, retail showroom, or another innovative mixed-use concept. Just steps away is Underground Atlanta, a historic entertainment and shopping district undergoing a major mixed-use redevelopment that is introducing new residential, retail, restaurant, office, hospitality, and public gathering spaces. This ongoing investment is expected to increase pedestrian traffic, enhance the surrounding business environment, and further strengthen Downtown Atlanta's long-term growth. The property is also within walking distance of many of Atlanta's most recognizable destinations, including: * Mercedes-Benz Stadium, home of the Atlanta Falcons, Atlanta United FC, & host of Super Bowl LXII in 2028 * State Farm Arena, home of the Atlanta Hawks & premier venue for concerts & major entertainment events * Five Points MARTA Station with direct rail service throughout Metro Atlanta & Hartsfield-Jackson Atlanta International Airport * Centennial Olympic Park * Georgia State University * Woodruff Park * City, county, state, and Federal government offices * Major hotels, restaurants, nightlife, corporate offices, and cultural attractions. Downtown Atlanta continues to attract substantial public & private investment driven by tourism, conventions, higher education, professional sports, corporate expansion, and mixed-use redevelopment. This location provides access to a diverse customer base that includes residents, office professionals, students, government employees, convention attendees, tourists, and millions of visitors attending sporting events, concerts, festivals, and other year-round attractions. The property's current condition reflects the opportunity it presents. Buyers should anticipate significant capital improvements and customized build-outs based on their intended use. Those improvements create the opportunity to design a modern commercial environment while building long-term value in one of Atlanta's most recognizable historic buildings. Commercial opportunities exceeding 7,100 sq ft in the heart of Downtown Atlanta are increasingly scarce. Bring your Architect. Bring your Contractor. Bring your vision!

Location

State GA

County Fulton

Zoning SPI-1

Rooms

Bedroom Description No

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Parking Features Paid, On Street, Parking Lot

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

View Y/N No

Roof Type Tar/Gravel

Garage No

Private Pool No

Building

Lot Description Corner Lot, Level, Near Public Transit

Faces Use GPS

Sewer Public Sewer

Water Public

Structure Type Concrete,Frame,Steel Siding

New Construction No

Others

Tax ID 14 007700031889

Security Features Building Security,Key Card Entry

Acceptable Financing Cash, Conventional, Small Business Loan

Listing Terms Cash, Conventional, Small Business Loan

Special Listing Condition Fixer


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Georgia MLS - GAMLS

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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20 Marietta ST NW #CU2