Historic Retail
1244 Broadway, Columbus, GA 31901
For Sale
Contact for pricing
The property occupies a position on Uptown Columbus’s main retail strip, near restaurants, shops, and attractions.
Property Size7,676 SF
Price / SF$156.33
Days on Market13
Property Features for 1244 Broadway
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus
Listed By:
Judith Vannatta · License GA #448689
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:33PM
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 Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus
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Investment Insights
Based on property information with market context.
Built in 1900, this 7,676-square-foot retail building is offered in as-is condition. Its Broadway address places it on Uptown Columbus’s main retail strip, with restaurants, shops, and attractions in the surrounding area.
Key Highlights
- 7,676‑square‑foot retail property
- Built in 1900; offered in as‑is condition
- Located on Broadway in Uptown Columbus’s main retail strip
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,499
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,980
$1.9M
Cap Rate 7%
$1,335,700
$1.3M
Cap Rate 9%
$1,038,878
$1.0M
Market Conditions
NOI Build-Up for 7,676 SF
Gross rent
$140.0K $18.24/SF
− Vacancy
−$6.4K −$0.84/SF
EGI
$133.6K $17.40/SF
− OpEx
−$40.1K −$5.22/SF
NOI
$93.5K $12.18/SF
Area
Columbus, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,980
Cap Rate 7%
$1,335,700
Cap Rate 9%
$1,038,878
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,499 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,226 @ 7.0% cap · market cap 10.02%
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
Location Intelligence
Trade Area within ½ mile
1,897
Businesses Nearby
184k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 25%
Apparel 10%
Groceries 9%
McDonald's
Dining
28,299 visits/mo
0.4 miles
Circle K
Shops & Services
22,843 visits/mo
0.5 miles
Burger King
Dining
17,835 visits/mo
0.4 miles
Piggly Wiggly
Groceries
13,976 visits/mo
0.4 miles
Rainbow
Apparel
12,159 visits/mo
0.3 miles
Demographics for 31901, GA
7,126
Population
3,971
Households
1.8
Avg Household Size
36
Median Age
35%
College-Educated
82%
High-School Grad
4.4 sq mi
ZIP Area
1,620
Density / Sq Mi
$47,316
Median Household Income
$35,062
Median Earnings
$893
Median Rent
$208,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Columbus, GA
Properties on Market for Retail space in Columbus
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property occupies a position on Uptown Columbus’s main retail strip, near restaurants, shops, and attractions.
Where is this retail space located?
The property is located at 1244 Broadway Columbus, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,676‑square‑foot retail property; Built in 1900; offered in as‑is condition; Located on Broadway in Uptown Columbus’s main retail strip
