127 S Wayne St Milledgeville, GA 31061
Fully renovated, 100% occupied mixed-use property near Georgia College.
Property size:
10,069 SFLot size:
0.10 AcresProperty Features for 127 S Wayne St
General Information
- Standard status
- Active
- Zoning
- CBD
- Size
- 10,069 SF
- Lot size
- 0.10 Acres
Building Details
- Year built
- 1900
Source:
Crexi
Listing Agency: WHR Real Estate Co Listing Agent: Hank Randolph
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Mixed-Use Student Housing
This fully renovated mixed-use property is located in downtown Milledgeville, Georgia, within walking distance of Georgia College & State University and Georgia Military College. The property features 11 residential apartment units and a 2,400 square foot retail space, providing a diversified income stream. The retail suite is leased to The Tee Drive, a golf simulator concept, under a 5-year lease extending through 2030, with 3% annual rent escalations. The unit mix includes five 2-bedroom, 2-bathroom units, five 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit. Originally constructed in 1900, the building was completely renovated in August 2025. The residential units are fully leased and pre-leased through Summer 2027, providing immediate and stable cash flow. The property is situated in a prime downtown location with walkable access to campus, restaurants, and retail, benefiting from consistent tenant demand. The property size is 10,069 square feet.
Location Intelligence
Current Use by Public Records
Taglist Co.
Information Bureau
Location Insight
- Map
- Local Demand
- City
- Milledgeville
- County
- Baldwin
- State
- Georgia
- Longitude
- -83.227125
- Latitude
- 33.080282
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FAQs
What type of property is this?
Mixed-use property - Fully renovated, 100% occupied mixed-use property near Georgia College.
Where is this mixed-use property located?
The property is located at 127 S Wayne St Milledgeville, GA.
What are key features of this property?
This property features: - Fully renovated mixed-use property in downtown Milledgeville, offering diversified income.; - 100% occupied with residential units pre-leased through Summer 2027, ensuring immediate and stable cash flow.; - Prime downtown location within walking distance of Georgia College & State University and Georgia Military College.
