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355 CENTENNIAL OLYM PARK DR NW Atlanta GA 30313

APN 14 007900110574

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Details
Property Type Hospitality, Land (+2)
Sub Type Commercial
Building SqFt 35,238
Lot SqFt 35,240
Acreage ******
Sold Date ******
Sold Price ******
Sold Price per Acre ******
Zoning Code C1
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Hospitality, Land, Mixed Use, Multifamily
Asking Details
Asking Price
$11,500,000
Price/Sq Ft
$326.35
Marketing Description

A rare opportunity to develop a high-rise multifamily, mixed-use, or hospitality project on a premier corner site directly adjacent to Centennial Olympic Park in downtown Atlanta.​

This ±0.81-acre parcel offers exceptional park and skyline views, including unobstructed sunset vistas, in the heart of Atlanta’s most visited and fastest-growing tourism and entertainment district.​ The site is shovel-ready for a 188-key, ±162,772 SF hotel, with full construction plans and entitlements already in place—significantly reducing development timeline and execution risk.​ The flexible SPI-1 SA5 zoning supports high density multifamily, office, retail, or mixed-use development.​

The site is within immediate walking distance are Atlanta’s strongest demand drivers, including Centennial Olympic Park, Georgia Aquarium, World of Coca-Cola, Mercedes-Benz Stadium, State arm Arena, Georgia World Congress Center, and a dense concentration of dining, entertainment, and cultural attractions—supporting sustained occupancy, premium rents, and long-term value.​

Investment Highlights
  • Address: 355 Centennial Olympic Park Drive

  • Site Size: 0.81± acres | Prominent corner parcel

  • Zoning: SPI-1 SA5 – High-density, flexible for hotel, multifamily, office, retail, or mixed-use

  • Development-Ready: Fully entitled 188-key hotel with completed construction plans

  • Topography: Slightly rising eastward slope—ideal for structured parking and vertical development

  • Views: Direct Centennial Olympic Park frontage with skyline and sunset views

  • Walk Score: 90 – Walker’s Paradise

  • Transit Score: 78 – Excellent Transit access

  • Income in Place: $5,000–$12,000/month from existing parking

  • Unmatched Demand Drivers: Tourism, convention, sports, and entertainment anchors

Property Type
Property Type
Land
Property Subtype
Commercial
Marketing Description

Marcus & Millichap is pleased to present this development opportunity for a 188 Key - Residence Inn by Marriott in Downtown Atlanta. The property is completely construction ready, with full construction plans permitted and entitlements in place. The subject site is ideally located on Centennial Olympic Park Drive in Downtown Atlanta's Hotel Zone.

The property beneits greatly from it's ideal location between the Georgia Aquarium (the largest aquarium in the United States), Centennial Olympic Park, Georgia Tech, Mercedes Benz Stadium, State Farm Arena, and More! The area beneits from the current tourists attractions and events, corporate headquarters and conferences, and upcoming developments set to further bolster the area.

The new hotel development will serve to capitalize on the current visitor demand in Atlanta, while capturing the anticipated demand that will be created from the eight World Cup Games Mercedes Benz Stadium will host in the summer of 2026. The property will be delivered with permitted construction plans for the development.

Investment Highlights
  • Construction Ready Hotel Development! - Fully Permitted Construction Drawings For 188 Key Hotel Development

  • Ideally Positioned For Upcoming World Cup Games - One-Mile From Mercedes-Benz Stadium

  • Located In Close Proximity To: Georgia Aquarium, Georgia Tech, Georgia State University, Centennial Olympic Park, Centennial Yards, World of Coca-Cola, and More!

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Document Number
******
Document Type
******
Recording Book
******
Recording Page
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Sold By
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Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
SV
Salim Valiani PRO
LIC: FL 3105421
•••.•••.3822
•••••.•••iani@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SV
Shujan Valiani
LIC: GA 439064
•••.•••.9182
••••••.•••iani@•••••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Atlanta, GA median rent ********
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National median ********
Compare median rents across markets
Atlanta, GA (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
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