Commercial Kitchen Building with
For Sale
$79,000
1733 Martin Luther King Jr Boulevard, Augusta, GA 30901
Commercial Sale, Augusta, GA
Property Size1,138 SF
Lot Size0.07 Acres
Price / SF$69.42
Days on Market142
Property Features for 1733 Martin Luther King Jr Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B1
Subdivision
Laney Walker
Directions
Follow Washington Road straight into downtown Augusta where it becomes 15th Street. Turn right onto Martin Luther King Jr. Blvd. Property is approximately 1 mile ahead on the left at 1733 Martin Luther King Jr. Blvd. It is located between Steiner Avenue, MLK and Forest Avenue, across the street from Dollar General.
Standard status
Active
APN
0593161000
Size
1,138 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
25Q368
Tax Annual Amount
444
Legal Description
25Q368
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
grease trap
hood
Building Details
Year built
1959
Flooring type
Vinyl, Lvt/lvp
Building materials
Block
Roof type
Composition
Listing Agency:
Meybohm Commercial Properties
(706) 736-0700
Listed By:
Danielle Meikrantz · License #401159
(706) 284-8359
Added: Jun 8
Changed: Oct 23
Last Checked: Oct 27 at 3:06AM
MLS# 100579960
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1,138-square-foot block building is configured for commercial use and includes a grease trap and hood that support food-service operations. The property has vinyl and LVT/LVP flooring, public water, public sewer, and a composition roof installed in April 2026. The interior is currently used for storage, with contents scheduled for removal before closing. Cosmetic improvements may be needed.
Positioned at the corner of Martin Luther King Jr. Boulevard and Steiner Avenue in Augusta, the property occupies a 0.07-acre triangular lot with road frontage and exposure on three sides. It is directly across from a new Family Dollar and is zoned B1. The building was constructed in 1959 and can accommodate a range of commercial applications identified for the site, including restaurant, takeout, retail, convenience, service, office, and specialty-shop uses.
Positioned at the corner of Martin Luther King Jr. Boulevard and Steiner Avenue in Augusta, the property occupies a 0.07-acre triangular lot with road frontage and exposure on three sides. It is directly across from a new Family Dollar and is zoned B1. The building was constructed in 1959 and can accommodate a range of commercial applications identified for the site, including restaurant, takeout, retail, convenience, service, office, and specialty-shop uses.
Key Highlights
- 1,138‑square‑foot block commercial building
- Grease trap and hood included for food‑service operations
- New composition roof installed in April 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,164
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,280
$143.3K
Cap Rate 7%
$102,343
$102.3K
Cap Rate 9%
$79,600
$79.6K
Market Conditions
NOI Build-Up for 1,138 SF
Gross rent
$11.2K $9.84/SF
− Vacancy
−$963 −$0.85/SF
EGI
$10.2K $8.99/SF
− OpEx
−$3.1K −$2.70/SF
NOI
$7.2K $6.30/SF
Area
Augusta, GA
Vacancy
8.60%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,280
Cap Rate 7%
$102,343
Cap Rate 9%
$79,600
Alternative Uses
Best Use
Specialty Retail
$191.0K
$167.1K – $222.9K
NOI $13,371 @ 7.0% cap · market cap 16.93%
Second Best
Retail
$181.1K
$158.5K – $211.3K
NOI $12,677 @ 7.0% cap · market cap 16.05%
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K
NOI $25,144 @ 7.0% cap · market cap 31.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
242
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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Corner commercial building with food-service infrastructure, B1 zoning, and visibility from three road-facing sides.
Where is this commercial kitchen located?
The property is located at 1733 Martin Luther King Jr Boulevard Augusta, GA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 1,138‑square‑foot block commercial building; Grease trap and hood included for food‑service operations; New composition roof installed in April 2026
