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Prime Downtown Athens Commercial Property

1095 W Broad Street, Athens, GA 30606

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For Sale

$2,249,900

Exceptional commercial property in downtown Athens, near the University of Georgia.

Type:Commercial/Industrial

Property size:

13,397 SF

Lot size:

0.88 Acres

Price / SF:

$167/SF

HighLights

Prime downtown Athens location near UGA with unmatched visibility due to new Publix development across the street.
.88‑acre commercial property at the corner of W Broad Street and Milledge Avenue with 390+ feet of road frontage.
Zoned Commercial General (CG), allowing for a wide range of redevelopment and business opportunities.
Two commercial buildings totaling 13,397 SF (8,742 SF and 4,655 SF), with the larger building currently leased for immediate income.
High‑traffic corridor with an average daily traffic count of 15,000+ vehicles, ensuring maximum exposure.
Billboard lease and fenced expansion area offer additional income and flexibility.

We can help!

Listing Contact

Daniel Collins

For Sale

$2,249,900

Exceptional commercial property in downtown Athens, near the University of Georgia.

Type:Commercial/Industrial

Property size:

13,397 SF

Lot size:

0.88 Acres

Price / SF:

$167/SF

Added:: Oct 11, 2023
Days on Market:: 979
Last Refresh:: May 19 at 11:12 pm

Property Features for 1095 W Broad Street

General Information

Standard status: Active
Size: 13,397 SF
Lot size: 0.88 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1960

We can help!

Listing Contact

Daniel Collins

Listing agent Daniel Collins License #364225

Listing office Six String Realty

Listing date Oct 11, 2023

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Six String Realty

HighLights

Prime downtown Athens location near UGA with unmatched visibility due to new Publix development across the street.
.88‑acre commercial property at the corner of W Broad Street and Milledge Avenue with 390+ feet of road frontage.
Zoned Commercial General (CG), allowing for a wide range of redevelopment and business opportunities.
Two commercial buildings totaling 13,397 SF (8,742 SF and 4,655 SF), with the larger building currently leased for immediate income.
High‑traffic corridor with an average daily traffic count of 15,000+ vehicles, ensuring maximum exposure.
Billboard lease and fenced expansion area offer additional income and flexibility.

Overview

Located at the corner of W Broad Street and Milledge Avenue in downtown Athens, GA, near the University of Georgia, the property at 1095 W Broad Street (including 1075 W Broad Street) is a .88-acre commercial site. The property is zoned CG (Commercial General), allowing for a wide range of redevelopment and business opportunities. The site features over 390 feet of road frontage along a busy thoroughfare and includes two commercial buildings totaling approximately 13,397 square feet. Building 1 has 8,742 SF, and Building 2 has 4,655 SF. The larger building is currently leased, providing immediate income, with a tenant open to discussing a potential lease buyout. A billboard lease and fenced expansion area offer additional income and flexibility for future development. The location benefits from an average daily traffic count of 15,000+ vehicles, ensuring maximum exposure. The property is located across the street from a new Publix development.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$289.4k	$21.60
− Vacancy	−$58.2k	−$4.34
EGI	$231.2k	$17.26
− OpEx	−$57.8k	−$4.31
NOI	$173.4k	$12.94

13,397 SF · lease $21.60/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.48M

$2.17M – $2.89M (±1% cap)

NOI $173,408 @ 7.0% cap · market cap 7.71%

Second Best

Retail

$2.16M

$1.89M – $2.52M (±1% cap)

NOI $151,416 @ 7.0% cap · market cap 6.73%

Theoretical Best

Office A

$3.23M

$2.83M – $3.77M (±1% cap)

NOI $226,073 @ 7.0% cap · market cap 10.05%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Pete's Mobile Mechanic ... Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Athens
County: Clarke
State: Georgia
Longitude: -83.3906
Latitude: 33.9541

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For sale
Commercial land
GA
Athens
30606
1095 W Broad Street

What type of property is this?

Commercial land - Exceptional commercial property in downtown Athens, near the University of Georgia.

Where is this commercial land located?

The property is located at 1095 W Broad Street Athens, GA.

What is the asking price?

The asking price for this property is $2,249,900.

What are key features of this property?

This property features: Prime downtown Athens location near UGA with unmatched visibility due to new Publix development across the street.; .88‑acre commercial property at the corner of W Broad Street and Milledge Avenue with **390+ feet of road frontage.**; Zoned Commercial General (CG), allowing for a wide range of redevelopment and business opportunities.