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Medical Building on Corner Lot
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1201 Columbia Dr, Milledgeville, GA

Two-tenant medical building in high-traffic area, Milledgeville, GA.

Property Size7,524 SF
Lot Size0.60 Acres
Price / SF$146.20
Days on Market947

Property Features for 1201 Columbia Dr

General Information

Standard status Active
Size 7,524 SF
Lot size 0.60 Acres
Property subtype OFFICE
Listing Agency: Fickling & Co. Commercial
Listed By: Patricia Burns
Source: Moodyscre
Added: Feb 6, 2024 Changed: Sep 8 Last Checked: Sep 10 at 11:53AM

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 Fickling & Co. Commercial

Investment Insights

Based on property information with market context.

This property features a 7,524 square foot two-tenant medical building situated on a 0.60-acre corner lot. Constructed in 1998 and renovated in 2016, the building is zoned Community Commercial and has access to all utilities. The property benefits from frontage on three roads: 195 feet on West Martin Luther King Drive, 68 feet on Columbia Drive, and 154 feet on Boundary Street. Located in a high-traffic area, the building offers a 5,000 square foot occupied space and a 2,500 square foot vacant space available for lease.

Key Highlights

  • High traffic location on a corner lot with frontage on three roads.
  • Two‑tenant medical building with existing rental income from 5,000 SF occupied space.
  • 2,500 SF of vacant space available for lease, offering immediate income potential.**

Property Analytics

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Current Use

Dr. Steven P. ... Physician Rion C Seth ... Physician Atrium Health Navicent ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Computer & Electronic Repair Locksmith Garden Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-tenant medical building in high-traffic area, Milledgeville, GA.
Where is this medical office space located?
The property is located at 1201 Columbia Dr Milledgeville, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High traffic location on a corner lot with frontage on three roads.; Two‑tenant medical building with existing rental income from 5,000 SF occupied space.; 2,500 SF of vacant space available for lease, offering immediate income potential.**
(478) 803-4120 Call to check price and availability
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