Downtown Augusta Retail Building 1212 Broad St 9,900 SF 100% Leased Retail Building Augusta, GA 30901 $799,000 ($80.71/SF)
INVESTMENT HIGHLIGHTS
- Central Location
- Fence off street parking in the rear
- Historic building that could qualify for tax credits
EXECUTIVE SUMMARY
This historic building is located on the 1200 block of Broad Street. The building is at the epicenter of multiple new developments coming to that block to include over 50+ new lofts, a planned hotel development, new retail/restaurant spaces, and future road improvements to Broad Street.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
9,900 SF
Building Class
B
Year Built
1912
Price
$799,000
Price Per SF
$80.71
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.03
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
B-2 - B-2 (General Business) Zone – All types of office, commercial and residential uses developments. Qualifies for state and federal tax credits.
Frontage
40’ on Broad St
AMENITIES
- Banking
- Bus Line
- Fenced Lot
- Fireplace
- Security System
- Storage Space
- Air Conditioning
ABOUT 1212 BROAD ST , AUGUSTA, GA 30901
This Broad Street property features a 1st floor retail component that includes a warehouse space in the back portion of the building. The second and third floor has been gutted and is primed for renovation for lofts or office spaces. This is a great income opportunity property with the building possibly qualifying for historic tax credits for preservation of the building.
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0364215000 | Improvements Assessment | $83,448 |
| Land Assessment | $21,083 | Total Assessment | $104,531 |
