100 Prospect Place,Alpharetta, GA 30005
Alpharetta, GA 30005
Description
Rare opportunity to own a flexible, income producing 2,400 sq ft end unit office condominium in Georgetown Park, just off Kimball Bridge Road. Built in 2001, this two level property includes two 1,200 sq ft suites, each with a private entrance, full bathroom, and full kitchen. Ideal for investors or owner users seeking long term stability and growth potential. Unit A is leased to a professional office tenant through April 2028, generating $2,100/month with $100 annual rent escalations. Tenant pays utilities, security, and WiFi, creating predictable income and low owner expenses. Unit B is move in ready and offers excellent flexibility for a variety of professional uses. Features include a welcoming entry area with kitchen and stackable washer/dryer, two private offices with shelving, a large open workspace that can be easily partitioned, and a full bathroom. Fresh interior paint and a private entrance make this suite immediately functional. Previous rent roll was $1,450/month with potential up to $1,800/month. Additional highlights include separate utility meters, ADT security (tenant paid), well maintained HVAC and shared parking throughout the complex. Georgetown Park is surrounded by medical, wellness, tutoring, financial, and professional service businesses, with convenient access to nearby shopping and dining. This property is ideal for investors seeking stable income with additional upside or for owner users who want to occupy one suite while benefiting from rental income in the other. A versatile, well located office asset in a high demand professional corridor.
Details
| MLS # | 10723598 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2001 |
| Days On Site | 162 |
| Listing Provided By | Norluxe Realty Midtown | Kalani Verdine |
Features
| SQ Feet | 2,400 |
|---|---|
| Building(s) | 1 |
| Zoning | C4 |
| Acreage | 0.30 |
Interior
| Building Features | Hydrant(s) |
|---|---|
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Heating | Central, Natural Gas |
| Heating Yes / No | Yes |
Exterior
| Accessibility Features | Accessible Entrance, Accessible Hallway(s) |
|---|---|
| Lot Features | Business Park, Corner Lot |
| Construction Materials | Brick |
| Roof | Tile |
| Security Features | Fire Sprinkler System |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Lot |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 3552 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | GA |
|---|---|
| County | Fulton |
| City | Alpharetta |
| Zip Code | 30005 |
| Area | Fulton |
| Listing VS Median (in 30005) | |
Price: $525,000 low | high Med: $265,000 sqft: 2,400 low | high Med: 1,176 $ / sqft: $219 low | high Med: $225 On site: 162 low | high Med: 141 | |
Market Activity 30005
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton |
| City | Alpharetta |
| Zip Code | 30005 |
| Area | Fulton |
| Listing VS Median (in 30005) | |
Price: $525,000 low | high Med: $265,000 sqft: 2,400 low | high Med: 1,176 $ / sqft: $219 low | high Med: $225 On site: 162 low | high Med: 141 | |
