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Downtown Augusta Retail Building 1212 Broad St

9,900 SF 100% Leased Retail Building Augusta, GA 30901 £680,474 (£69/SF)

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Investment Highlights

Central Location
Fence off street parking in the rear

Historic building that could qualify for tax credits

Executive Summary

This historic building is located on the 1200 block of Broad Street. The building is at the epicenter of multiple new developments coming to that block to include over 50+ new lofts, a planned hotel development, new retail/restaurant spaces, and future road improvements to Broad Street.

1212_Broad_Street

Property Facts

Sale Type

Investment

Sale Condition

Development Sale

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

9,900 SF

Building Class

Year Built

1912

Price

£680,474

Price Per SF

£69

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

1.03

Lot Size

0.22 AC

Opportunity Zone

Yes

Zoning

B-2 - B-2 (General Business) Zone – All types of office, commercial and residential uses developments. Qualifies for state and federal tax credits.

Frontage

40 ft on Broad St

Amenities

Banking
Bus Route

Fenced Lot
Fireplace

Security System
Storage Space

Air Conditioning

About 1212 Broad St , Augusta, GA 30901

This Broad Street property features a 1st floor retail component that includes a warehouse space in the back portion of the building. The second and third floor has been gutted and is primed for renovation for lofts or office spaces. This is a great income opportunity property with the building possibly qualifying for historic tax credits for preservation of the building.

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