Restaurant with Covered Outdoor
For Sale
$450,000
1795 Martin Luther King Jr Boulevard, Augusta, GA 30901
Commercial Sale, Augusta, GA
Property Size1,080 SF
Lot Size0.17 Acres
Price / SF$416.67
Days on Market550
Property Features for 1795 Martin Luther King Jr Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Subdivision
Laney Walker
Directions
GPS is best.
Standard status
Active
APN
0593197000
Size
1,080 SF
Lot size
0.17 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1936
Roof type
Metal
Listing Agency:
Lokation Real Estate, LLC
(404) 348-0420
Listed By:
Porsha C Beasley · License #402258
(706) 910-8158
Added: Apr 13, 2025
Changed: Oct 2
Last Checked: Oct 14 at 9:06AM
MLS# 98227251
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.
Investment Insights
Based on property information with market context.
This restaurant property includes 1,080 square feet of building area on 0.165 acres. The sale includes commercial kitchen equipment, appliances, and furnishings, along with a gated parking lot and a covered outdoor dining and grill area. The building dates to 1936 and has a metal roof.
Public water and public sewer serve the property, and phone service is available. The restaurant is offered as-is, with the existing improvements and furnishings included in the sale.
Public water and public sewer serve the property, and phone service is available. The restaurant is offered as-is, with the existing improvements and furnishings included in the sale.
Key Highlights
- 1,080‑square‑foot restaurant property on 0.165 acres
- Covered outdoor dining and grill area
- Commercial kitchen equipment, appliances, and furnishings included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,689
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,780
$253.8K
Cap Rate 7%
$181,271
$181.3K
Cap Rate 9%
$140,989
$141.0K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$17.9K $16.56/SF
− Vacancy
−$966 −$0.89/SF
EGI
$16.9K $15.67/SF
− OpEx
−$4.2K −$3.92/SF
NOI
$12.7K $11.75/SF
Area
Augusta, GA
Vacancy
5.40%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,780
Cap Rate 7%
$181,271
Cap Rate 9%
$140,989
Alternative Uses
Best Use
Specialty Retail
$181.3K
$158.6K – $211.5K
NOI $12,689 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.9K
$298.3K – $397.7K
NOI $23,862 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with commercial kitchen equipment, furnishings, gated parking, and a covered outdoor dining and grill area.
Where is this conventional restaurant located?
The property is located at 1795 Martin Luther King Jr Boulevard Augusta, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,080‑square‑foot restaurant property on 0.165 acres; Covered outdoor dining and grill area; Commercial kitchen equipment, appliances, and furnishings included
