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3516 Covington Hwy 19,688 SF 100% Leased Office Building Decatur, GA 30032 $2,735,792 CAD ($138.96 CAD/SF)
INVESTMENT HIGHLIGHTS
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EXECUTIVE SUMMARY
Can you watch a show or a movie, pause at a particular scene and say - "That was filmed in my building?" Buy this building and you'll be able to do just that.
"That building is 'super cool'" - that's the Appraiser described the building.
Clerestory windows, wall size exterior glass panels, an abundant use of natural wood, and a soaring atrium bring both drama and wonderment as one walks into the building. Don't let these features confuse you into believing this is a Frank Loyd Wright influenced building - it's actually categorized as a Late Modernist building. If you're looking for a bright, airy, light filled building with wow factor, this is the one for you.
Originally built in 1982 as the HQ for the Telecommunications Workers of America, it features two 9844 square foot floors on an spacious 2.1 acres with 40 parking spaces. This majestic beauty was renovated in 2021, which included a new roof and HVAC units. There are multiple offices and conference rooms as well as a huge auditorium that easily accommodate over a hundred people. We have the floor plans, and happy to share. Just ask.
Conveniently located in central Dekalb and adjacent to rapidly expanding Avondale Estates, it sits 1/2 mile from Marta's Kensington Station, 1.5 miles to I-285, 1.6 miles to US 278, and 4 miles to I-20 - getting anywhere in the Metro area will be quick and easy. There's also a MARTA bus stop directly in front of the building. Dekalb's Covington Library is right next door and the Social Security's Administrative building is a couple of doors down, so you'll be in great company.
No sign on property - intentionally. Owner is a non-profit organization that provides educational and therapy services to children and young adults on the spectrum - the nature of their work and their clients, both, are sensitive. Please be cognizant and respectful of this and do not attempt to visit the property or see the building without an appointment. Please contact Broker to schedule all showings; as they will all be escorted and must be scheduled at least 48 hours ahead of time.
Owner will occupy the building until the end of May - Buyer will gain access and possession of building on June 1, 2026.
"That building is 'super cool'" - that's the Appraiser described the building.
Clerestory windows, wall size exterior glass panels, an abundant use of natural wood, and a soaring atrium bring both drama and wonderment as one walks into the building. Don't let these features confuse you into believing this is a Frank Loyd Wright influenced building - it's actually categorized as a Late Modernist building. If you're looking for a bright, airy, light filled building with wow factor, this is the one for you.
Originally built in 1982 as the HQ for the Telecommunications Workers of America, it features two 9844 square foot floors on an spacious 2.1 acres with 40 parking spaces. This majestic beauty was renovated in 2021, which included a new roof and HVAC units. There are multiple offices and conference rooms as well as a huge auditorium that easily accommodate over a hundred people. We have the floor plans, and happy to share. Just ask.
Conveniently located in central Dekalb and adjacent to rapidly expanding Avondale Estates, it sits 1/2 mile from Marta's Kensington Station, 1.5 miles to I-285, 1.6 miles to US 278, and 4 miles to I-20 - getting anywhere in the Metro area will be quick and easy. There's also a MARTA bus stop directly in front of the building. Dekalb's Covington Library is right next door and the Social Security's Administrative building is a couple of doors down, so you'll be in great company.
No sign on property - intentionally. Owner is a non-profit organization that provides educational and therapy services to children and young adults on the spectrum - the nature of their work and their clients, both, are sensitive. Please be cognizant and respectful of this and do not attempt to visit the property or see the building without an appointment. Please contact Broker to schedule all showings; as they will all be escorted and must be scheduled at least 48 hours ahead of time.
Owner will occupy the building until the end of May - Buyer will gain access and possession of building on June 1, 2026.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
19,688 SF
Building Class
B
Year Built/Renovated
1982/2023
Price
$2,735,792 CAD
Price Per SF
$138.96 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,844 SF
Building FAR
0.22
Lot Size
2.10 AC
Opportunity Zone
Yes
Zoning
OI - Zoned O/I
Opportunity Zone Property
Parking
40 Spaces (2.03 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bio-Tech/ Lab Space
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Skylights
- Skyway
- Wheelchair Accessible
- Reception
- Roof Terrace
- Storage Space
- Monument Signage
- Air Conditioning
- Balcony
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Number | 15-230-01-014 | Improvements Assessment | $439,926 CAD |
| Land Assessment | $109,982 CAD | Total Assessment | $549,908 CAD |
PROPERTY TAXES
Parcel Number
15-230-01-014
Land Assessment
$109,982 CAD
Improvements Assessment
$439,926 CAD
Total Assessment
$549,908 CAD
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3516 Covington Hwy
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