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    337 S Milledge Ave Athens, GA 30605

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    For Sale
    $7,800,000

    Two-story office building in the Milledge Avenue Historic District.

    Property size:
    21,824 SF

    Property Features for 337 S Milledge Ave

    General Information

    Size
    21,824 SF

    Building Details

    Year built
    1968

    Source: Brian Elrod, CCIM Agent Brian Elrod, CCIM

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

    Overview

    Historic District Office Building For Sale

    Located in the Milledge Avenue Historic District, this two-story office building offers approximately 22,000 square feet of commercial space. The property features double road frontage on both Milledge Avenue and Harris Street, providing excellent visibility and accessibility. It is situated near Downtown Athens and Five Points. There are 119 parking spaces available, offering ample parking for tenants and clients. The parking lot generates income from rental agreements, game days, and other special events. The property is located on South Milledge Avenue with additional frontage on Harris Street, providing easy access to Athens. It is located just a quarter mile from West Broad Street, offering easy access to the downtown area, as well as dining and shopping options in Five Points. The property presents an opportunity for an owner-occupant to utilize the building’s existing income to offset expenses or for an investor/developer to maximize the property’s unique features and create a new development in this historic location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Batesoft Computer Repair Service IONX3 Technologies, Inc. Computer Support And Services Greener Accounting & Tax ... Tax Preparation Service K. R. Love ... Consultant Kenneth Dious & Associates Attorney

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.3869921
    Latitude
    33.9517216

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    FAQs

    What type of property is this?
    Office building - Two-story office building in the Milledge Avenue Historic District.
    Where is this office building located?
    The property is located at 337 S Milledge Ave Athens, GA.
    What is the asking price?
    The asking price for this property is $7,800,000.
    What are key features of this property?
    This property features: - Prime location in the Milledge Avenue Historic District, near Downtown Athens and Five Points.; - Approximately 22,000 SF of commercial space.; - **119 parking spaces, generating income from rentals and events.**
    (678) 859-6110
    Request Owner's contact information
    337 S Milledge Ave Athens, GA 30605
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    Athens, GA 30605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    337 S Milledge Ave Athens, GA 30605
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