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Unique .62 Acre with Vintage Building 200 E Broad Ave

3,950 SF Light Industrial Building Albany, GA 31705 £126,240 (£32/SF)

Investment Highlights

  • • Secure a unique property in a charactered building.
  • • Explore owner financing options for a cost-effective start.
  • • Benefit from a prime location near Albany State University.

Executive Summary

Discover an exceptional opportunity with this .62-acre property, home to an old-scale company within a charming historic brick building, accompanied by an additional income-generating cinderblock structure. Nestled at the intersection of two bustling blocks, this property boasts an ideal location in proximity to Albany State University.
Property Highlights:
• Historic Charm: The main brick building exudes historic charm, offering a unique backdrop for your next venture.
• Income Potential: The cinderblock building is currently leased, providing immediate income to the savvy investor.
• Prime Location: Situated at the corner of two prominent blocks, this property enjoys high visibility and accessibility.
• Owner Financing: The seller is open to owner financing, making this an excellent opportunity for an owner-operator looking to start a business without the burden of substantial startup capital.
Versatile Possibilities: This property is perfectly poised for next-generation use. Whether you envision a retail boutique, a trendy restaurant, a converted bar, or another innovative concept, this property offers a canvas for your entrepreneurial dreams.
Don't miss out on this extraordinary opportunity to breathe new life into a historic gem.
Contact us today to explore the endless possibilities that await at this one-of-a-kind property.

Property Facts

Price £126,240
Price Per SF £32
Sale Type Investment or Owner User
Sale Conditions Development Sale
Property Type Light Industrial
Property Subtype
Light Distribution
  • General Retail Convenience Store
  • General Retail Restaurant
  • Industrial Warehouse
Building Class C
Lot Size 0.62 AC
Rentable Building Area 3,950 SF
Number of Floors 1
Year Built 1920
Tenancy Single
Parking Ratio 6.33/1,000 SF
No. Dock-High Doors/Loading 1
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000C-00032-008
Land Assessment
£4,608
Improvements Assessment
£9,720
Total Assessment
£14,328

zoning

Zoning Code C3 (Commercial Districts)
C3 (Commercial Districts)
  • Listing ID: 29773394

  • Date on Market: 12/10/2023

  • Last Updated:

  • Address: 200 E Broad Ave, Albany, GA 31705

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