Renovated Office
620 Hawthorne Avenue, Athens, GA 30606
For Sale
Contact for pricing
Flexible professional layout with private offices, meeting areas, reception space, and a garage-accessible flex room.
Property Size1,984 SF
Price / SF$1.29
Days on Market67
Property Features for 620 Hawthorne Avenue
General Information
Standard status
Size
Property subtype
Amenities
kitchen
flex space
garage door
conference room
waiting/reception room
0.3 acres, Level
Public Sewer
Parcel Number: 121B2 B005
Tile, Laminate
Central Air
Central
Listing ID: 10845443, Standard Status: Active, MLS Status: Active, On market as of 2026-09-01, 66 days on market
Parking Lot
Built in 1984, Construction Materials: Synthetic Stucco
County/Parish: Clarke
Resale
Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
Year Built
Listing Agency:
V. Low Properties Inc.
(706) 850-5922
Listed By:
Vince Lowery · License #183667
(706) 207-0539
Source:
Blackstreaminternational
Added: Sep 1
Changed: Nov 6
Last Checked: Nov 6 at 9:39AM
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 V. Low Properties Inc.
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Investment Insights
Based on property information with market context.
Renovated office building at 620 Hawthorne Avenue in Athens, Georgia, with 2,940 square feet of professional workspace. The interior includes eight offices, two bathrooms, a large conference room, and an open waiting and reception area. A kitchen connects to flexible space that can serve as an additional meeting room, with a garage door providing functional access to that area.
Built in 1984, the property combines a multi-office configuration with shared meeting and reception areas suited to a range of professional operations. The layout provides dedicated rooms alongside adaptable common space within a single commercial building.
Built in 1984, the property combines a multi-office configuration with shared meeting and reception areas suited to a range of professional operations. The layout provides dedicated rooms alongside adaptable common space within a single commercial building.
Key Highlights
- 2,940‑square‑foot renovated office building at 620 Hawthorne Avenue
- Eight offices and two bathrooms
- Large conference room plus open waiting and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,055
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,100
$761.1K
Cap Rate 7%
$543,643
$543.6K
Cap Rate 9%
$422,833
$422.8K
Market Conditions
NOI Build-Up for 2,940 SF
Gross rent
$63.5K $21.60/SF
− Vacancy
−$12.8K −$4.34/SF
EGI
$50.7K $17.26/SF
− OpEx
−$12.7K −$4.31/SF
NOI
$38.1K $12.94/SF
Area
Athens, GA
Vacancy
20.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,100
Cap Rate 7%
$543,643
Cap Rate 9%
$422,833
Alternative Uses
Best Use
Office B
$543.6K
$475.7K – $634.3K
NOI $38,055 @ 7.0% cap · market cap 1,001.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$708.7K
$620.2K – $826.9K
NOI $49,612 @ 7.0% cap · market cap 1,305.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
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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
$332,600
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Clarke County, GA
Properties on Market for Office buildings in Clarke County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible professional layout with private offices, meeting areas, reception space, and a garage-accessible flex room.
Where is this office building located?
The property is located at 620 Hawthorne Avenue Athens, GA.
What are key features of this property?
This property features: 2,940‑square‑foot renovated office building at 620 Hawthorne Avenue; Eight offices and two bathrooms; Large conference room plus open waiting and reception area
