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Thomas Building 205 W. Forsyth Street 11,200 SF 50% Leased Retail Building Americus, GA 31709 $269,000 ($24.02/SF)



Executive Summary
A rare opportunity to own one of Downtown Americus' most recognizable historic buildings. Known as the Thomas Block, this impressive two-story brick landmark, built circa 1890, offers approximately 11,200 square feet of income-producing and redevelopment potential in the heart of the city's Historic Downtown District. The street level features two fully leased retail storefronts generating $2,400 per month in rental income, providing immediate cash flow for investors. The expansive second floor, currently vacant, presents an exceptional redevelopment opportunity. With its original tall windows, high ceilings, and historic architectural details, the upper level is ideally suited for downtown loft apartments, executive offices, boutique hotel suites, event space, creative studios, or a mixed-use development. The building's striking Victorian commercial architecture with Italianate influences, highlighted by the decorative cornice, arched masonry details, and the original "THOMAS BLOCK" name across the facade, makes it one of the most distinctive buildings in Southwest Georgia. Located in the center of Historic Downtown Americus, the property is surrounded by restaurants, shopping, professional offices, entertainment, and tourism. Downtown continues to benefit from revitalization efforts, making this an outstanding long-term investment with significant upside potential. Property Features • Historic Thomas Block Building (circa 1890) • Approximately 11,200± square feet • Prime Downtown Americus location and one block from the Historic Windsor Hotel• Two leased retail storefronts • Entire second floor available for redevelopment. • Excellent loft apartment conversion potential, • Beautiful Victorian commercial architecture with Italianate influences. Outstanding value-add investment opportunity. Whether you're an investor seeking immediate income or a developer looking to create signature downtown lofts, the Thomas Block offers a once-in-a-generation opportunity to own a landmark property with unlimited potential.
Property Facts
Sale Type
Investment
Property Type
Building Size
11,200 SF
Year Built
1890
Price
$269,000
Price Per SF
$24.02
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Opportunity Zone
Yes
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-1-5 | Improvements Assessment | $45,200 |
| Land Assessment | $12,040 | Total Assessment | $57,240 |
Property Taxes
Parcel Number
1-1-5
Land Assessment
$12,040
Improvements Assessment
$45,200
Total Assessment
$57,240
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Thomas Building | 205 W. Forsyth Street
