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Downtown Augusta Restaurant & Events Venue 15 7th St 13,300 SF Retail Building Augusta, GA 30901 $940,000 ($70.68/SF)

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Investment Highlights

  • Multipurpose Building | Bakery, Restaurant, Event Space
  • Building Size | 13,300 Square Feet
  • Location | Riverwalk Promenade
  • Seating Capacity | Dining: 72 & 108 | Events: 130
  • Commercial Kitchen | Designated Kitchen Infrastructure
  • Parking Availability | 24 Spaces

Executive Summary

The Finem Group at Meybohm Commercial is pleased to exclusively present this ±13,300 SF restaurant and event facility located on Seventh Street in Downtown Augusta. This mixed use building sits on ±0.44 acres and includes 24 on-site parking spaces with alley access to Seventh Street.
Constructed in 1965 and renovated in 2004, the building retains its original, historic structure and function. Improvements made during the 2004 renovation include new HVAC, roofing, plumbing, floors, wall finishes, and kitchen systems. The facility formerly housed Mally’s Bagels and Grits and originally operated as the Town Tavern, an upscale event venue and restaurant.
The first floor includes a deli area, two separate dining rooms (seating 72 and 108), a full commercial kitchen, two walk-in coolers, kitchen management office, delivery access, and multiple restrooms. The second floor features three meeting spaces, including the “Saint Andrews Room” with seating for 100 and the “Boardroom Lounge” with a wood-paneled bar and seating for 30–40. Additional features include two business offices, an upstairs prep kitchen with dumbwaiter access, and multiple storage areas.
This vacant building presents an excellent opportunity for restaurants, event operators, or hospitality users in Augusta’s downtown.
Located in the heart of Downtown Augusta on Seventh Street, the property is adjacent to River Place at Port Royal and Discovery Plaza, home to the Unisys Operations Center. It’s walkable to the Riverwalk, Augusta Commons, and the Convention Center, as well as the new pedestrian bridge connecting to North Augusta’s Greeneway.
Just one block from Broad Street, the site benefits from a $40 million revitalization project aimed at improving infrastructure, widening sidewalks, and enhancing pedestrian access—driving increased foot traffic and business activity in the area. Surrounded by restaurants, venues, offices, and hotels, this high-visibility location offers strong potential for hospitality and event users seeking a prime downtown presence.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,300 SF
Building Class
C
Year Built/Renovated
1965/2004
Price
$940,000
Price Per SF
$70.68
Tenancy
Single
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
B-2 - Commercial Business
Parking
24 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
78’ on 7th St

Amenities

  • Restaurant
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
Island's
Security Federal Bank
CrossFit
Red Lobster

Property Taxes

Property Taxes

Parcel Number
0373021000
Land Assessment
$42,165
Improvements Assessment
$358,676
Total Assessment
$400,841
  • Listing ID: 36095577

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 15 7th St, Augusta, GA 30901

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