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Investment Highlights
- Qualified Opportunity Zone
- Exceptional Mixed-Use & Adaptive Reuse Opportunity
- Prime Historic Downtown Location
Executive Summary
128 PATTERSON | Historic Downtown Valdosta, Georgia
128 Patterson presents a rare opportunity to acquire one of the premier commercial investment properties in Historic Downtown Valdosta. Encompassing approximately 11,500 square feet across three stories, this architecturally significant building combines historic character, modern infrastructure improvements, and exceptional redevelopment flexibility in the heart of South Georgia's regional business center.
Located within Valdosta's Historic Downtown District, 128 Patterson offers investors a distinctive asset featuring approximately 14-foot ceilings throughout, a passenger elevator serving all three floors, a recently replaced roof, and a location within a federally designated Opportunity Zone. These features, combined with Commercial Downtown (CD) zoning and rear access from the beautifully maintained Toombs Street public parking area, create an exceptional opportunity for adaptive reuse, mixed-use development, boutique hospitality, executive offices, specialty retail, or long-term investment.
Perfectly positioned along Patterson Street, the property enjoys outstanding visibility and walkability, with convenient access to restaurants, coffee shops, government offices, financial institutions, entertainment venues, and the many amenities that define Downtown Valdosta. The surrounding area continues to benefit from significant public and private investment, reinforcing its role as the commercial, cultural, and civic center of South Georgia.
128 Patterson presents a rare opportunity to acquire one of the premier commercial investment properties in Historic Downtown Valdosta. Encompassing approximately 11,500 square feet across three stories, this architecturally significant building combines historic character, modern infrastructure improvements, and exceptional redevelopment flexibility in the heart of South Georgia's regional business center.
Located within Valdosta's Historic Downtown District, 128 Patterson offers investors a distinctive asset featuring approximately 14-foot ceilings throughout, a passenger elevator serving all three floors, a recently replaced roof, and a location within a federally designated Opportunity Zone. These features, combined with Commercial Downtown (CD) zoning and rear access from the beautifully maintained Toombs Street public parking area, create an exceptional opportunity for adaptive reuse, mixed-use development, boutique hospitality, executive offices, specialty retail, or long-term investment.
Perfectly positioned along Patterson Street, the property enjoys outstanding visibility and walkability, with convenient access to restaurants, coffee shops, government offices, financial institutions, entertainment venues, and the many amenities that define Downtown Valdosta. The surrounding area continues to benefit from significant public and private investment, reinforcing its role as the commercial, cultural, and civic center of South Georgia.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
11,500 SF
Building Class
C
Year Built/Renovated
1881/2018
Price
$750,000
Price Per SF
$65.22
Tenancy
Single
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.87
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C D - Commercial Downtown (CD) Zoning is designed to support a dynamic mix of commercial, residential, office, hospitality, entertainment, and civic uses
Frontage
40’ on Patterson St
Amenities
- Mezzanine
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0120A-127 | Improvements Assessment | $48,468 |
| Land Assessment | $46,464 | Total Assessment | $94,932 |
Property Taxes
Parcel Number
0120A-127
Land Assessment
$46,464
Improvements Assessment
$48,468
Total Assessment
$94,932
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Videos
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128-130 N Patterson
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