532 East Paces Ferry Road is not your typical office listing — and that’s exactly the point. This is a three-story, 31,208 square foot boutique Class A building on one of Buckhead’s most storied corridors, owned by the Loudermilk Companies and now available for purchase. Built in 2005 to a standard you simply don’t see in low-rise commercial construction — steel frame, concrete floors, and open floor plates; the structural DNA of a high-rise compressed into three elegant stories — this building has been waiting for someone with the vision to claim it. That moment is now.
The Building
Most three-story office buildings in Atlanta feel like an afterthought. This one was built like a landmark. The steel frame and concrete floor construction gives the building a solidity and permanence that is extraordinarily rare at this scale — the kind of bones that make architects stop and take notice. With 96 parking spaces (46 covered, with direct elevator access), a roll-up security gate, and a parking ratio of 3.1 spaces per 1,000 square feet, this building offers something Class A towers in Buckhead genuinely cannot: the ability to pull directly into covered parking and walk into your own building.
The Transformation Underway
The building is in the process of becoming something new, a blank slate in which you can design your perfect environment. The dropped ceilings are coming down, revealing ceiling heights that approach 13 feet. The exterior brick — handsome but overdue for a refresh — is being treated with a hand-applied lime wash that will give the facade the kind of aged, timeless gravitas more commonly associated with a Buckhead estate than a commercial address. When this building re-emerges on the market, it will look, feel, and present like an entirely different property — because it will be. (renderings below)
The Location
Walk to breakfast at the Corner Cafe. Walk to Bones. Walk to Aria. Walk to Antica Posta. The building sits on East Paces Ferry Road between Peachtree and Piedmont, at the precise intersection of Buckhead’s residential elegance and its commercial energy. Buckhead Village — The Buchead Village District, with its luxury retail and dining — is steps away. GA-400 is less than a mile. Lenox Square and Phipps Plaza are within half a mile. The Walk Score is 91. For a business owner who has spent years fighting traffic into a tower garage, this address is a destination.
The Opportunity
Option 1: Full Building
Five Thirty Two East Paces Ferry is currently offered as a single building sale — one buyer, one address, one name on the door. This is the most direct path to ownership, and for the right person, the simplest story: a standalone Class A building in the heart of Buckhead, yours entirely. That is the offering on the table today, and it is priced accordingly.
Option 2: A Single Floor
For buyers who need less than the full building, the purchase of a single floor — approximately 16,000 square feet, or roughly half the building — is available upon inquiry at a separate price point. This is the right answer for the business owner who wants a genuine Buckhead headquarters with real equity but doesn’t require the full footprint to make it work. Own your floor, own your address, build your equity. The math is simpler than a lifetime of involuntary displacement and rent checks.
Option 3: The Collective
The most compelling path from a pure value standpoint — and the one with the greatest upside for all involved — is the condominiumization of the entire building into individually owned units, each occupied by a business that makes the others more valuable simply by being there.
Think of a design collective: an architect, a landscape architect, an interior designer, and a luxury home builder sharing a building the way they already share clients, referrals, and creative energy. Or imagine a wealth management collective — an estate attorney, a family office advisor, a CPA, and a private banker, each independently owned and operated, but feeding one another business every single day from floors apart rather than offices across town. The model works for any constellation of symbiotic businesses where proximity is not just convenient, but genuinely additive.
This option is not just about dividing square footage — it’s about assembling something greater than the sum of its parts. The combined per-unit pricing would place the total value of the building well above any single-buyer scenario, and the professional community that would take root here would be, frankly, priceless. That upside is real, and it is available to an enterprising buyer — or group of buyers — with the vision to see it.
The Numbers
The building totals 31,208 rentable square feet across two floors on a 0.88-acre site. For context, commercial land in Buckhead Village has traded at more than $10 million per acre. The building that sits on this land was built to last a century. Replacement cost at current construction pricing is a number that makes the value proposition here crystal clear.
Who This Is For
This building is for the founder who has always wanted their name on the door. It’s for the design firm principal who is tired of writing a rent check every month with nothing to show for it. It’s for the entrepreneur who sees value in creating a business collective whose members serve parallel markets. It’s for the family office or embassy that needs security, parking, and discretion in a neighborhood they already call home. Buckhead has very few buildings like this left — standalone, owner-occupiable, built to an uncompromising standard, in a location that doesn’t come available twice. Five Thirty Two East Paces Ferry is one of them.