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985 Broad Street

Augusta, GA 30901
  • $6,000,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 515407
UPDATED: 32 min ago
$6,000,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,736
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Description

Welcome to 985 Broad Street, located in the heart of downtown Augusta, Georgia, 30907. This exceptional property offers a lucrative investment opportunity for those seeking a value add opportunity in a region experiencing strong economic growth.Spanning an impressive 26,736 square feet, this property is currently 64% occupied, providing immediate rental income and substantial potential for further development and increased occupancy. With its prime downtown location, it is perfectly positioned to attract a diverse range of tenants and capitalize on the thriving local economy.Augusta is experiencing strong economic growth, making it an ideal location for investors seeking long-term stability and profitability. The city's vibrant downtown area boasts a thriving business community, numerous entertainment options, and a rich cultural heritage.This property is particularly enticing for 1031 exchange investors who are looking to defer capital gains taxes by reinvesting in a like-kind property. With an asking price of $6 million, this investment presents an excellent opportunity to secure a valuable asset with the potential for significant returns.Part of a portfolio allowing the Investor an opportunity to purchase additional adjacent properties at:971 & 973 Broad Street. Asking $5 million.953 & 943 Jones Street. Asking $1.5 million.More details coming soon!

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IDX information © 2023 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Summer House Realty. Data last updated 2023-06-04T08:55:39.703.
www.peterlarsonhomes.com/homes/139420119
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985 Broad Street Augusta, GA 30901

  • Price: $6,000,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 32 min ago
  • MLS #: 515407
0
Beds
0
Baths
0
½ Baths
0.3
Acres
26,736
SQFT
$224
$/SQFT
1957
Built
Neighborhood:
None-Non
County:
Richmond
Area:
Augusta
Property Description
Welcome to 985 Broad Street, located in the heart of downtown Augusta, Georgia, 30907. This exceptional property offers a lucrative investment opportunity for those seeking a value add opportunity in a region experiencing strong economic growth.Spanning an impressive 26,736 square feet, this property is currently 64% occupied, providing immediate rental income and substantial potential for further development and increased occupancy. With its prime downtown location, it is perfectly positioned to attract a diverse range of tenants and capitalize on the thriving local economy.Augusta is experiencing strong economic growth, making it an ideal location for investors seeking long-term stability and profitability. The city's vibrant downtown area boasts a thriving business community, numerous entertainment options, and a rich cultural heritage.This property is particularly enticing for 1031 exchange investors who are looking to defer capital gains taxes by reinvesting in a like-kind property. With an asking price of $6 million, this investment presents an excellent opportunity to secure a valuable asset with the potential for significant returns.Part of a portfolio allowing the Investor an opportunity to purchase additional adjacent properties at:971 & 973 Broad Street. Asking $5 million.953 & 943 Jones Street. Asking $1.5 million.More details coming soon!
Exterior Features

Exterior Features Courtyard Lot Features Corner Lot Lot Size Dimensions 60.5 X 213 Road Frontage Type City Street Structure Type Office

Interior Features

Office Sq Ft 26736.00

Property Features

Business Type Professional/Office Current Use CommercialOffice Possible Use CommercialOffice Property Sub Type Office Sewer Public Sewer Tenancy Multiple Triple Net YN No Utilities Electricity ConnectedSewer Connected Water Source Public Zoning B-2

Listing courtesy of Auben Realty Llc: (706) 305-1551.


IDX information © 2023 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Summer House Realty. Data last updated 2023-06-04T08:55:39.703.
 
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Summer House Realty
2735 Washington Road
Augusta GA, 30909