Oconee Office Condo For
1430 Capital Avenue #115, Watkinsville, GA 30677
1,888 SF office condo in central Oconee.
Type:Commercial
Property size:
1,888 SFPrice / SF:
$198/SF- Added:
- May 12, 2026
- Days on Market:
- 20
- Last Refresh:
- May 12 at 8:37 pm
Property Features for 1430 Capital Avenue #115
General Information
- Standard status
- Active
- Size
- 1,888 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agent Daniel Bennett License #345850
Listing office Thrive.RealEstate (706) 340-6066
Listing date May 12, 2026
Source Corcoran
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 Thrive.RealEstate
HighLights
- 1,888 SF corner commercial condominium in central Oconee.
- Features loft‑style finishes: polished concrete floors, exposed ductwork, pendant lighting, and large window banks.
- Configured as an office with three private offices, open work area, private restroom, and foyer.
- Located in a mixed‑use building with restaurant, fitness, and professional service tenants.
- Shared on‑site surface parking.
- Approximately seven miles from the University of Georgia and Downtown Athens.
Overview
Suite 115 is a 1,888 square foot corner commercial condominium located on the second floor of Building One at Market Center on Capital Avenue in central Oconee. Currently configured as an office, the unit features three private offices, a large open work area, a private restroom, and a foyer entry area. The finishes are loft-style, including polished concrete floors, 8 interior doors, exposed industrial ductwork, pendant lighting, and large window banks on the north and east elevations. The mixed-use building hosts restaurant, fitness, and professional service tenants, and provides shared on-site surface parking. The property is located just outside of Butler's Crossing in Oconee County, approximately seven miles from the University of Georgia and Downtown Athens.
Local Financial Insights For Office B
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 | $40.8k | $21.60 |
| − Vacancy | −$8.2k | −$4.34 |
| EGI | $32.6k | $17.26 |
| − OpEx | −$8.1k | −$4.31 |
| NOI | $24.4k | $12.94 |
1,888 SF · lease $21.60/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$349.1K
$305.5K – $407.3K
NOI $24,438 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.1K
$398.3K – $531.0K
NOI $31,860 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Ann Peden Jewelry
(Bike/Boat/Book/etc) Store
Your Pie Pizza
Restaurant
The Golf Club-Oconee
Golf Course
EHSCareers
Employment Agency
Cafe 1040
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Watkinsville
- County
- Oconee
- State
- Georgia
- Longitude
- -83.446782
- Latitude
- 33.869603
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - 1,888 SF office condo in central Oconee.
Where is this office units located?
The property is located at 1430 Capital Avenue #115 Watkinsville, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,888 SF corner commercial condominium in central Oconee.; Features **loft‑style finishes**: polished concrete floors, exposed ductwork, pendant lighting, and large window banks.; Configured as an office with three private offices, open work area, private restroom, and foyer.
