Brick Office Building With
New
For Sale
$1,700,000
2109 W Broad Street, Athens, GA 30606
SINGLE_FAMILY - Athens, GA
Property Size3,908 SF
Lot Size1.03 Acres
Price / SF$435.01
Days on Market3
Property Features for 2109 W Broad Street
General Information
Property type
Residential
Property subtype
Office
Zoning
C-G
Zoning description
Commercial
Rooms
Basement
Parking
20
Appliances
Electric Water Heater
Directions
Located at the corner of West Broad and Magnolia Streets
Standard status
Active
APN
122C1-B-025
Size
3,908 SF
Lot size
1.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2759/435 |
Tax Annual Amount
10190
Legal Description
2759/435 |
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1953
Floors in Building
1
Building materials
Brick
Listing Agency:
Corcoran Classic Living
(706) 559-4520
Listed By:
Callie Waller · License #338939
(706) 540-7646
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 2:06PM
MLS# CL357244
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 3,908-square-foot office building occupies 1.03 acres and features brick construction, a basement, electric heating, and electric cooling. The property was built in 1953 and is designated C-G, with public water and public sewer serving the site.
Located at 2109 W Broad Street in Athens, the property is near medical offices, hospitals, shopping, restaurants, the University of Georgia, and Downtown Athens. On-site parking is described as accommodating one or multiple businesses.
Located at 2109 W Broad Street in Athens, the property is near medical offices, hospitals, shopping, restaurants, the University of Georgia, and Downtown Athens. On-site parking is described as accommodating one or multiple businesses.
Key Highlights
- 3,908‑square‑foot office building on 1.03 acres
- C‑G zoning designation
- Brick construction with 1953 year built
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 | $84.4k | $21.60 |
| − Vacancy | −$17.0k | −$4.34 |
| EGI | $67.4k | $17.26 |
| − OpEx | −$16.9k | −$4.31 |
| NOI | $50.6k | $12.94 |
3,908 SF · lease $21.60/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$722.6K
$632.3K – $843.1K
NOI $50,584 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$942.1K
$824.3K – $1.10M
NOI $65,947 @ 7.0% cap · market cap 3.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - The property offers a basement, electric heating and cooling, and public water and sewer service.
Where is this office building located?
The property is located at 2109 W Broad Street Athens, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,908‑square‑foot office building on 1.03 acres; C‑G zoning designation; Brick construction with 1953 year built
