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26359726
27176846

200 Peachtree Street Northwest, Atlanta, GA 30303, Atlanta, GA 30303

EK
GA 299687
Skyline Seven Real Estate
CM
GA 362708
Skyline Seven Real Estate
Listed by Skyline Seven Real Estate
$58,000,000
322 days on market
Updated 31 days ago

200 Peachtree Street - Historic Mixed Use Property

Details
Property Type Mixed Use, Office (+1)
Sub Type Restaurant
Square Footage 165,848
Cap Rate 3.73%
NOI $2,160,616
Occupancy 76%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.60%
Pro-Forma NOI $3,244,528
Price per SqFt $350
Class B
Year Built 1927
Year Renovated 2016
Buildings 1
Stories 3
Acreage 4.070
Zoning SPI1
Investment Type Owner/User
Tenant Credit No Credit Rating

Mixed-Use | 3.73% CAP

Marketing description

200 Peachtree is a landmark mixed-use property located in the heart of Downtown Atlanta. This historically significant asset offers investors a rare opportunity to acquire a stabilized income-producing property with long-term value-add potential. Originally the flagship Davison’s/Macy’s department store, the building has been meticulously restored, blending iconic Beaux-Arts architecture with modern infrastructure and functionality

The property features a mix of high-end event venues, street level restaurants directly on Peachtree Street, creative office suites, and a vacant spa, creating a wide ranges of tenants and uses. Positioned along the high-visibility Peachtree Street corridor, with MARTA train access across the street, the Southern Exchange benefits with unmatched walkability to major demand drivers including the Westin Peachtree Plaza, Mercedes-Benz stadium, Centennial Olympic Park, and Georgia State University. With increasing demand driven by Downtown Atlanta's growth in tourism, residential, and commercial sectors, Southern Exchange represent the opportunity to own a unique legacy asset.

Investment highlights

  • Lower three floors of the former Macy's department store - top floors are separately owned by a data center company

  • Ideally positioned in the heart of downtown Atlanta—one of the Southeast’s most densely populated urban cores.

  • Generates strong income from existing event operations, multiple restaurants on Peachtree Street, along with value-add lease-up potential.

  • Versatile layout suitable for event, office, retail, or showroom use

  • Direct MARTA access and walkable to 5,000+ hotel rooms, convention centers, and major attractions

  • Built-out spa/salon space for lease directly adjacent to the 1,000+ room Westin Hotel, an ideal opportunity as the hotel does not offer an on-site spa.

  • Iconic historic architecture complemented by modern infrastructure upgrades

  • Walkable to Georgia State University and situated in Atlanta’s entertainment and business district

Listing Contacts

EK
GA 299687
Skyline Seven Real Estate
CM
GA 362708
Skyline Seven Real Estate
Listed by Skyline Seven Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$2,160,616.00
$180,051.33/mo

Valuation Metrics

0
DSCR
3.73%
Cap Rate
3.73%
ROI

Map

Zoning

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SPI-1-SA1 SpecialDowntown Special Public Interest And Core Subarea 1
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View all 52 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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