305 8th St - Freestanding FOR SALE


Augusta, GA 30901
$1,200,000 USD
706-214-2927
305 8th St, Augusta, GA for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/43
null | Request Cap Rate

305 8th St
Augusta, GA 30901


HIGHLIGHTS

  • 23,664 SF, Sprinkler system installed but not connected
  • Centrally located right off of Broad St., near the Augusta Commons
  • Interest in the 10’ Alley in the rear giving the property rear access
  • Ideal use as retail and apartments, or as office building

OVERVIEW

Meybohm Commercial is pleased to present this Historic 23,664 SF property located on Eight St. in Augusta, GA. The buildings served as a Carriage and Harness fabricating facility in the 1880's, next door to a grocery store. Ideal for Retail/apartments, this building is located directly behind the Woolworth’s building. Currently containing two 3,912 SF storefronts, “Afficionados” and “Humanitree House”, this property is ideal for historic tax credit renovation, and conversion into apartments or office space. The Board of Education Parking deck is public from 5pm-8am daily, and provides parking for the businesses on this corridor. The property has heart pine floors throughout, pitched and recently recoated roofs, masonry exterior, tongue-and-groove ceilings, a recently installed-but-not-connected fire sprinkler system, a freight elevator, and access to a 10' rear alley that provides access to rear of building. Half of the second floor and all of the second has been gutted. Amazing historic property. Located in the epicenter of growth at Eighth St. between Broad and Greene Streets near the Augusta Commons. The Augusta Commons are one of Augusta's main locales for festivals and events such as Arts in the Heart, Westoubou Arts Festival, and the Hispanic Festival. The 800 block of Broad is located directly between major new developments including the $94 million dollar redevelopment of the Augusta Railroad Depot, and the $111 Million development of the Georgia Cyber Center. This property is located in an Opportunity Zone and eligible for special tax incentives.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

23K SF Historic Downtown Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

B-2

APN/PARCEL ID

0471125000

ASK ABOUT THIS PROPERTY

Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

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Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.