Historic Retail Storefront
For Sale
Contact for pricing
619 Broad Street, Augusta, GA 30901
Two renovated storefronts with option to combine, delivered in white box condition for flexible downtown retail use.
Property Size3,075 SF
Price / SF$0.01
Days on Market155
Property Features for 619 Broad Street
General Information
Standard status
Active
Size
3,075 SF
Property subtype
Retail
Lease Term
Gross
Site & Location
Neighborhood
East Augusta
Additional Details
Grease Trap
Yes
Building Details
Building Size
3,075 SF
Year Built
1890
Properties For Sale
at 619 Broad Street Contact usNicholson Building at 619 Broad Street Suite 105
Size
1,363 SF
Term
Negotiable
Nicholson Building at 619 Broad Street Suite 107
Size
1,712 SF
Term
Negotiable
Listing Agency:
Jordan Trotter Commercial Real Estate
Listed By:
Parker Dye · License #357255
(706) 399-9303
Source:
Jordantrotter
Added: Jun 3
Changed: Oct 26
Last Checked: Nov 3 at 5:09AM
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 Jordan Trotter Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Nicholson Building offers 2,856 SF of interior commercial space currently undergoing complete historic renovation, with delivery anticipated in January 2027. The project will be divided into two storefronts of approximately 1,428 SF each, with the flexibility to combine both spaces into a single larger leased unit. Each storefront includes a built-out restroom, and the spaces will be delivered in white box condition, allowing tenants to customize their layout and finishes.
An exterior courtyard area of approximately 1,600 SF is adjacent to the building, providing additional outdoor space for service-oriented concepts. A grease trap is noted on the left side of the property. The building is intended to operate with hours from 5:00 AM to 10:00 PM, unless otherwise approved.
This configuration is well suited for retail operators seeking two separate footprints or a larger contiguous unit, including food and service-oriented users that can take advantage of the adjacent courtyard. With white box delivery and restrooms already built for each storefront, tenants can move through initial buildout planning with fewer core infrastructure uncertainties.
An exterior courtyard area of approximately 1,600 SF is adjacent to the building, providing additional outdoor space for service-oriented concepts. A grease trap is noted on the left side of the property. The building is intended to operate with hours from 5:00 AM to 10:00 PM, unless otherwise approved.
This configuration is well suited for retail operators seeking two separate footprints or a larger contiguous unit, including food and service-oriented users that can take advantage of the adjacent courtyard. With white box delivery and restrooms already built for each storefront, tenants can move through initial buildout planning with fewer core infrastructure uncertainties.
Key Highlights
- Historic Nicholson Building (built 1890) with complete renovation underway, delivery anticipated in January 2027
- 2,856 SF interior commercial space split into two storefronts of approximately 1,428 SF each
- Option to combine both storefronts into one larger leased unit for flexible tenant layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,816
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,320
$636.3K
Cap Rate 7%
$454,514
$454.5K
Cap Rate 9%
$353,511
$353.5K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$47.3K $16.56/SF
− Vacancy
−$1.8K −$0.65/SF
EGI
$45.5K $15.91/SF
− OpEx
−$13.6K −$4.77/SF
NOI
$31.8K $11.14/SF
Area
Augusta, GA
Vacancy
3.90%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,320
Cap Rate 7%
$454,514
Cap Rate 9%
$353,511
Alternative Uses
Best Use
Retail
$454.5K
$397.7K – $530.3K
NOI $31,816 @ 7.0% cap · market cap 159,080.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$901.5K
$788.8K – $1.05M
NOI $63,103 @ 7.0% cap · market cap 315,515.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
235
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Two renovated storefronts with option to combine, delivered in white box condition for flexible downtown retail use.
Where is this storefront property located?
The property is located at 619 Broad Street Augusta, GA.
What are key features of this property?
This property features: Historic Nicholson Building (built 1890) with complete renovation underway, delivery anticipated in January 2027; 2,856 SF interior commercial space split into two storefronts of approximately 1,428 SF each; Option to combine both storefronts into one larger leased unit for flexible tenant layouts
