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Midtown Medical Investment Opportunity 2019 7th Ave 1,760 SF Office Building Columbus, GA 31904 $220,000 ($125/SF)

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INVESTMENT HIGHLIGHTS

  • - Currently at 100% occupancy, offering immediate returns
  • - Renovated in 2019 for modern functionality
  • - Prime location in the Columbus area
  • - 1,760 SF building, ideal for office or medical use
  • - Zoned RO - Residential Office

EXECUTIVE SUMMARY

Prime medical office investment opportunity in Midtown Columbus! Morehouse School of Medicine currently leases the building. Morehouse has leased the property since July of 2023 and recently renewed its lease for three (3) years. The building is approximately 1,760 square feet and features a large waiting room, built-in file storage, co-working areas, private offices, and three bathrooms. With a prime location, flexible zoning, and a credit tenant with a 3-year lease in place, this building offers unlimited potential for an office building investor.
The leased medical property is adjacent to Piedmont Midtown Medical Campus and the John B. Amos Cancer Center (JBACC) in Midtown Columbus, GA. The location offers convenient access to Veterans Pkwy. (US-27), Victory Drive (US-280) and other major roadways interconnect it with the other large healthcare provider, St. Francis-Emory Healthcare. The location is near Mid-City and Uptown Columbus, surrounded by a mix of retail, dining, and entertainment options, the area provides an ideal environment for businesses and employees alike.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,760 SF
Building Class
B
Year Built
1900
Price
$220,000
Price Per SF
$125
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,760 SF
Building FAR
0.31
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
RO - Residential Office
Parking
5 Spaces (2.84 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Convenience Store
  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-019-001
Land Assessment
$12,232
Improvements Assessment
$47,708
Total Assessment
$59,940
  • Listing ID: 33994480

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 2019 7th Ave, Columbus, GA 31904

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