Description

We are pleased to offer 200 Peachtree Street - Historic Mixed Use - Former Macy's at 200 Peachtree Street NW in Atlanta, Georgia, for sale at $58,000,000. The property totals approximately 165,848 SF and was built in 1927.

Southern Exchange at 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.

Highlights include: 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.

The property features a mix of high-end event venues, boutique retail spaces, and creative office suites, catering to a wide range of tenants and uses. Positioned along the high-visibility Peachtree Street corridor, Southern Exchange benefits from direct MARTA access and 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 represents a unique opportunity to own a legacy asset in one of the city’s most vibrant and evolving urban districts.

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour.