1 Baltimore Pl NW, Atlanta, GA 30308 For Sale

Ralph Smalley

168007

Listed by Franklin Street Tampa

Unpriced

151 days on market

Updated 75 days ago

Baltimore Block

Details

APN

Site A: 14 007900080421; 14 007900080041 Site B: 14 007900040243; 14 007900

Property Type

Office, Mixed Use

Sub Type

Traditional Office, Medical Office

Square Footage

121,915

Net Rentable (SqFt)

121,915

Occupancy

86%

Tenancy

Multi

Year Built

1885, 1989

Year Renovated

2017

Stories

Acreage

1.400

Parking Spaces

187 spaces

Parking per 1,000 SqFt

1.53

Investment Type

Institutional

Midtown Atlanta Mixed-Use Investment | Baltimore Block

Marketing description

Franklin Street is pleased to present Baltimore Block, a 121,915 RSF mixed-use office and residential asset located in Atlanta’s Midtown submarket within the emerging SoNo district. Blending historic architecture with modern functionality, the property offers nearly 97,000 RSF of office space serving medical and traditional users, along with 15 high-end residential units totaling approximately 24,800 RSF under a master lease structure.

Originally developed in the late 19th century and thoughtfully redeveloped over time, the asset combines preserved brick rowhouse character with updated building systems and a multi-level atrium office expansion. Positioned adjacent to Emory University Hospital Midtown, Baltimore Block benefits from strong healthcare-driven demand, stable occupancy, and long-term leasing performance. As investment activity continues to expand northward, the property is well positioned to capitalize on SoNo’s growing connectivity, institutional presence, and urban momentum.

Baltimore Block is strategically positioned in the heart of Midtown Atlanta’s emerging SoNo district, at the intersection of Downtown and Midtown. The property sits directly adjacent to Emory University Hospital Midtown, anchoring it within one of Atlanta’s most established medical corridors and providing immediate access to a major regional healthcare institution.

Located just off West Peachtree Street and minutes from Peachtree Street, the asset benefits from exceptional connectivity to Interstate 75/85, GA-400, and multiple MARTA rail stations. Its central location provides convenient access to Midtown’s corporate core, Downtown’s government and institutional presence, and Atlanta’s primary employment hubs.

The property is also within close proximity to Georgia Institute of Technology, Georgia State University, and Emory University, reinforcing long-term demand drivers tied to education, research, healthcare, and innovation. Major redevelopment initiatives in the immediate area, including the transformation of the former Atlanta Civic Center site, continue to accelerate investment and urban density throughout the district.

Surrounded by Class A office towers, medical facilities, multifamily developments, and neighborhood retail, Baltimore Block is well positioned to benefit from Midtown’s sustained corporate migration, residential growth, and infrastructure investment momentum.

Investment highlights

Click For OM: Revere Platform Site

86% Leased Mixed-Use Asset 121,915 RSF comprising approximately 97,000 RSF of office and 24,800 RSF of residential under a master lease structure.
Medical-Anchored Rent Roll Significant healthcare tenancy led by Emory Healthcare, reinforcing stability and recession resilience.
Immediate Proximity to Emory University Hospital Midtown Direct adjacency to a major regional medical institution driving consistent tenant demand and long-term occupancy.
Historic Character with Modern Upgrades Originally developed in 1885 and adaptively reused with major capital improvements completed in 2017.
Diverse Tenant Base with Lease Stability Blend of medical and professional office users with multi-year commitments and demonstrated tenant longevity.
Structured Parking & Development Optionality 187 structured parking spaces plus a 0.94-acre parcel offering future development potential.
Strategic SoNo Location Positioned between Midtown and Downtown, benefiting from expanding institutional investment and infrastructure initiatives.
Midtown Residential Demand Drivers 15 upper-level residential units supported by job growth, university expansion, and strong average market rents.
Projected NOI Growth Five-year forecasted NOI growth driven by contractual rent steps and lease-up assumptions.

Listing Contacts

Ralph Smalley

168007

Listed by Franklin Street Tampa

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