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    Gateway Property in North Augusta Title is generated by Realmo AI

    133 Georgia Ave, North Augusta, SC 29841

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    Historic property suitable for investment or owner-operator.

    Type:Retail
    Property size:
    7,700 SF
    Price / SF:
    $112/SF
    Added:
    Feb 11, 2022
    Days on Market:
    1607
    Last Refresh:
    Jun 26 at 2:50 am

    Property Features for 133 Georgia Ave

    General Information

    Standard status
    Active
    Size
    7,700 SF
    Property subtype
    Retail

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    Matt Rogers
    Matt Rogers

    Listing office Meybohm Commercial

    Listing date Feb 11, 2022

    Source Crexi

    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 Meybohm Commercial

    HighLights

    • Gateway property into downtown North Augusta, SC.
    • High potential historic property.
    • Located at 133 Georgia Ave.
    • Accessible from downtown Augusta, GA.
    • Suitable for investment.
    • Suitable for owner‑operator.

    Overview

    The property at 133 Georgia Ave. is positioned as a gateway property into downtown North Augusta, South Carolina, when approaching from downtown Augusta, Georgia. Encompassing a total area of 7700 square feet, the property presents an opportunity for purchase either as an investment or for owner-operation. This historic property offers a lot of potential.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $110.9k $14.40
    − Vacancy −$4.7k −$0.60
    EGI $106.2k $13.80
    − OpEx −$31.9k −$4.14
    NOI $74.4k $9.66
    7,700 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.06M
    $929.5K – $1.24M (±1% cap)
    NOI $74,356 @ 7.0% cap · market cap 8.60%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,895 @ 7.0% cap · market cap 12.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Storage Facility Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Veterinary Clinic Shopping Center & Mall Building Supply Arcade & Gaming Center Electronics & Wireless Store Nursing Home

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

    Similar Places Nearby

    • Sweet Fig Market and Gifts — 510 West Ave, North Augusta, SC 29841
    • MY Garden and Beyond — 434 georgia ave, north augusta, sc 29841

    Location Insight

    • Map
    • Local Demand
    City
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.971899
    Latitude
    33.489047

    FAQs

    What type of property is this?
    Storefront property - Historic property suitable for investment or owner-operator.
    Where is this storefront property located?
    The property is located at 133 Georgia Ave North Augusta, SC.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: Gateway property into downtown North Augusta, SC.; High potential historic property.; Located at 133 Georgia Ave.
    More about this property
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