C-2 Office Units with Work
For Sale
Contact for pricing
611 Washington Street B, Lincolnton, GA 30817
Flexible office configuration with designated rooms, operational workspace, and two bathrooms at a prominent highway intersection.
Property Size1,900 SF
Price / SF$1.16
Days on Market58
Property Features for 611 Washington Street B
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Business Opportunity
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1994
Listing Agency:
Gold Oak Real Estate, LLC
Listed By:
Sandy J. Butler · License #341065
(706) 833-5313
Source:
Bradberrygarnerrealestate
Added: Aug 20
Changed: Oct 15
Last Checked: Oct 7 at 5:15PM
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 Gold Oak Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1,900-square-foot office property, built in 1994, includes multiple designated offices alongside a larger work area that can support storage, shipping and receiving, or day-to-day operations. Two bathrooms serve the interior layout, while C-2 zoning provides a commercially oriented setting for office use and other supported business activities.
The property is located at 611 Washington Street B in Lincolnton, Georgia, near the junction of State Highways 79 and 378. City street references include N Washington Street and Goshen Street, providing identifiable access points for staff, clients, and visitors.
The property is located at 611 Washington Street B in Lincolnton, Georgia, near the junction of State Highways 79 and 378. City street references include N Washington Street and Goshen Street, providing identifiable access points for staff, clients, and visitors.
Key Highlights
- 1,900‑square‑foot office property built in 1994
- Multiple designated offices for organized workspace
- Larger work area supports storage, shipping and receiving, or operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,962
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,240
$239.2K
Cap Rate 7%
$170,886
$170.9K
Cap Rate 9%
$132,911
$132.9K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$18.7K $9.84/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$17.1K $8.99/SF
− OpEx
−$5.1K −$2.70/SF
NOI
$12.0K $6.30/SF
Area
Lincoln County, 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%
$239,240
Cap Rate 7%
$170,886
Cap Rate 9%
$132,911
Alternative Uses
Best Use
Office B
$415.3K
$363.4K – $484.5K
NOI $29,070 @ 7.0% cap · market cap 1,321.36%
Second Best
Flex RnD
$231.2K
$202.3K – $269.7K
NOI $16,183 @ 7.0% cap · market cap 735.59%
Theoretical Best
Office A
$599.7K
$524.8K – $699.7K
NOI $41,980 @ 7.0% cap · market cap 1,908.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 30817, GA
7,364
Population
4,197
Households
1.8
Avg Household Size
48
Median Age
16%
College-Educated
87%
High-School Grad
191.2 sq mi
ZIP Area
39
Density / Sq Mi
$49,658
Median Household Income
$32,913
Median Earnings
$736
Median Rent
$169,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Flexible office configuration with designated rooms, operational workspace, and two bathrooms at a prominent highway intersection.
Where is this office units located?
The property is located at 611 Washington Street B Lincolnton, GA.
What are key features of this property?
This property features: 1,900‑square‑foot office property built in 1994; Multiple designated offices for organized workspace; Larger work area supports storage, shipping and receiving, or operations
