Historic Multi-Tenant
1208 Broad Street, Augusta, GA 30901
For Sale
Contact for pricing
Three-story mixed-use building with separate entrances, hardwood finishes, and a rear freight elevator for flexible occupancy.
Property Size9,429 SF
Price / SF$0.01
Days on Market157
Property Features for 1208 Broad Street
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Fenced Yard
Building Details
Building Size
Year Built
Stories
Tenancy
Properties For Sale
at 1208 Broad Street Contact us1st Floor Suite
Size
3,175 SF
Type
Restaurant
Term
Negotiable
2nd Floor Suite
Size
3,175 SF
Type
Creative/Loft
Term
Negotiable
3rd Floor Suite
Size
3,079 SF
Type
Creative/Loft
Term
Negotiable
Listing Agency:
Jordan Trotter Commercial Real Estate
Listed By:
Liam Welch · License #GA #425517
(706) 513-9996
Source:
Jordantrotter
Added: Jun 4
Changed: Oct 26
Last Checked: Nov 6 at 6:11AM
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 Jordan Trotter Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This historic building offers three floors configured for multi-tenant use, with separate access points for different occupants. The first floor provides approximately 3,175 square feet for restaurant, retail, or office use, and the second floor adds approximately 3,175 square feet of office space. The third floor contains approximately 3,079 square feet of office space. Interior features include hardwood floors and a skylight located in the middle of the historic space.
Operational convenience is supported by an interior stairwell and a freight elevator located in the rear of the building. Parking is available in the rear on Ellis Street, and the property includes a gated entry at the back. The building’s setup is designed around separate entries and straightforward circulation between floors, which can help streamline tenant move-ins and day-to-day access.
With a first-floor option that can function as restaurant, retail, or office space, along with dedicated office floor space above, the property can support a range of tenant formats within one address. The combination of multi-tenant accessibility, freight elevator service, and rear parking makes it well-suited for operators seeking a distinctive, historic structure that still accommodates practical site logistics.
Operational convenience is supported by an interior stairwell and a freight elevator located in the rear of the building. Parking is available in the rear on Ellis Street, and the property includes a gated entry at the back. The building’s setup is designed around separate entries and straightforward circulation between floors, which can help streamline tenant move-ins and day-to-day access.
With a first-floor option that can function as restaurant, retail, or office space, along with dedicated office floor space above, the property can support a range of tenant formats within one address. The combination of multi-tenant accessibility, freight elevator service, and rear parking makes it well-suited for operators seeking a distinctive, historic structure that still accommodates practical site logistics.
Key Highlights
- 3‑story mixed‑use, multi‑tenant building built in 1965 with separate accesses
- First floor offers approximately 3,175 SF restaurant/retail/office space
- Second floor provides approximately 3,175 SF office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,578
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,560
$971.6K
Cap Rate 7%
$693,971
$694.0K
Cap Rate 9%
$539,756
$539.8K
Market Conditions
NOI Build-Up for 3,175 SF
Gross rent
$76.2K $24.00/SF
− Vacancy
−$11.4K −$3.60/SF
EGI
$64.8K $20.40/SF
− OpEx
−$16.2K −$5.10/SF
NOI
$48.6K $15.30/SF
Area
Augusta, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,560
Cap Rate 7%
$693,971
Cap Rate 9%
$539,756
Alternative Uses
Best Use
Office B
$694.0K
$607.2K – $809.6K
NOI $48,578 @ 7.0% cap · market cap 303,612.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$876.9K – $1.17M
NOI $70,151 @ 7.0% cap · market cap 438,443.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 30901, GA
15,978
Population
8,848
Households
1.8
Avg Household Size
38
Median Age
13%
College-Educated
76%
High-School Grad
17.6 sq mi
ZIP Area
908
Density / Sq Mi
$23,019
Median Household Income
$24,349
Median Earnings
$805
Median Rent
$92,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Augusta, GA
Properties on Market for Office buildings in Augusta
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three-story mixed-use building with separate entrances, hardwood finishes, and a rear freight elevator for flexible occupancy.
Where is this office building located?
The property is located at 1208 Broad Street Augusta, GA.
What are key features of this property?
This property features: 3‑story mixed‑use, multi‑tenant building built in 1965 with separate accesses; First floor offers approximately 3,175 SF restaurant/retail/office space; Second floor provides approximately 3,175 SF office space
