1529 Oakview RD, Decatur Active
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- Sale type
- —
- Property type
- OTHER
- Property subtype
- OTHER
- Building class
- —
- Building size
- 4,885 sq ft
- Year built
- 2023
- NOI
- —
- Tenancy
- —
- Building height
- —
- Building FAR
- —
- Lot size
- 0.15 acres
- Zoning
- R60
- Frontage
- 64 ft
- Listing #
- EN-5029
- MLS #
- 10822726
Rare commercial/residential opportunity in Oakhurst, one of Metro Atlanta's most sought-after intown neighborhoods, located within City Schools of Decatur, one of the top-rated school districts in Georgia. This newly-built, three-level property offers three distinct income-producing spaces under one roof, zoned NMU (Neighborhood Mixed Use) by the City of Decatur, confirming its legal flexibility for both residential and commercial use. The ground level features approximately 2,000 SF of commercial space with soaring 14' ceilings, large storefront windows, and abundant natural light, ideal for retail, studio, or professional office use. The street-level space benefits from strong organic foot traffic, situated along a route well-loved by neighborhood joggers and walkers throughout the day. Upstairs, the penthouse offers an open-concept 4-bedroom, 2.5-bath home with a luxury primary suite and a seamless kitchen, dining, and living layout. The terrace level provides over 1,000 SF of flexible finished space with its own full kitchen and bedroom, suited for residential or commercial use. Each level has its own private entrance and elevator access, offering true independence between spaces, an ideal setup for an owner-occupant who wants passive income, an investor seeking a documented income stream, or a live/work buyer running a business from home. This is already a proven, income-producing asset: the ground floor has hosted approximately 20 events a year with minimal promotion, while the top and bottom units currently operate as legal short-term rentals, easily adaptable to long-term leases. The building includes seven off-street parking spaces, four covered with an EV charging station, plus ample additional street parking. Enjoy an easy walk to Oakhurst Square, with plenty of dining options nearby, including Mezcalito's Cantina, and Sceptre Brewing Arts, which also hosts the weekly Oakhurst Farmers Market every Saturday morning. Perc Coffee and additional neighborhood shops and eateries are also just a short distance away. This is a rare, flexible investment or owner/user opportunity in one of Decatur's most dynamic neighborhoods.
Location
Local market insights
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DEKALB County snapshot
DeKalb County, located just east of Atlanta, is a large, densely populated county with a population that has been relatively stable to modestly growing in recent years, supported by its proximity to the Atlanta metro job market. It has a socioeconomically diverse population with a wide range of income levels—generally middle-income overall, with more affluent pockets near Emory University and Decatur, and lower-income areas in the southern parts of the county. Economically, the county benefits from a mix of established residential communities, healthcare and education anchors (like Emory and the CDC), and ongoing commercial development, giving it a mature but still evolving business environment. For a small business buyer, this suggests a market with steady, diverse consumer demand rather than explosive growth, where success often depends heavily on the specific neighborhood or submarket within the county.
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