414 Society Avenue W, Albany, GA 31701
A 1930-built office building with modern updates, multiple private offices, and a full kitchen/break area.
- Added:
- Jun 6, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 14 at 2:07 am
Property Features for 414 Society Avenue W
General Information
- Standard status
- Active
- Size
- 1,403 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1930
Listing office RE/MAX OF ALBANY (229) 854-3730
Listing date Jun 6, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX OF ALBANY
HighLights
- 1930‑built office building with about 1,400 SF and central air
- Interior includes multiple private offices plus a full kitchen/break area
- Two bathrooms with tile flooring
- 6 parking spaces and landscaped lot on city‑paved roads
- Zoned for Business, Light Industrial, and Residential/Multi‑Family
Overview
The property is located on Society Avenue W in Albany, near Phoebe Putney Hospital and the Dougherty County Courthouse, as well as The St. Nicholas hotel. The area is also noted for an upcoming Albany Museum of Art. On-site parking is available, and there is a rock privacy fence along the rear of the lot providing separation.
This building can be a practical fit for office tenants and service-based businesses that want both private working space and a dedicated kitchen/break area. The combination of preserved hardwood flooring and more recent interior updates supports a professional presentation for clients and staff, with flexibility for different office configurations.
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 | $21.0k | $15.00 |
| − Vacancy | −$4.6k | −$3.30 |
| EGI | $16.4k | $11.70 |
| − OpEx | −$4.1k | −$2.93 |
| NOI | $12.3k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.1574299
- Latitude
- 31.585701
