Telfair Office Building 448 Telfair St 3,800 SF Office Building Augusta, GA 30901 $450,000 ($118.42/SF) 6.69% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Historic Building
- Newly Renovated
EXECUTIVE SUMMARY
This 3,800 sq. ft. office building was formerly the home of Amanda Dickson. The building was recently awarded a historic marker detailing this important property. A major exterior renovation was just completed and the building has been brought back to it's former glory. The building has 1,900 sq. ft. downstairs and 1,900 sq. ft. upstairs. The downstairs space has a reception area, a conference room, 3 offices, a kitchen, a bathroom and a storage closet. The upstairs space has 6 offices and 2 bathrooms.
This building is located near the intersection of 5th and Telfair Street in downtown Augusta.
This building is located near the intersection of 5th and Telfair Street in downtown Augusta.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,800 SF
Building Class
B
Year Built
1866
Price
$450,000
Price Per SF
$118.42
Cap Rate
6.69%
NOI
$30,083
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,900 SF
Building FAR
0.58
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
20 Spaces (5.26 Spaces per 1,000 SF Leased)
1 of 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 0474160000 | Improvements Assessment | $49,612 |
| Land Assessment | $2,614 | Total Assessment | $52,226 |
