Historic Multi-Story Office
For Sale
Contact for pricing
732 Broad Street, Augusta, GA 30901
A landmark, Opportunity Zone-eligible building with historic and special tax credit potential for adaptive office redevelopment.
Property Size78,000 SF
Days on Market92
Property Features for 732 Broad Street
General Information
Standard status
Active
Size
78,000 SF
Class
C
Property subtype
Office
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
78,000 SF
Year Built
1895
Stories
5
Listing Agency:
Jordan Trotter Commercial Real Estate
(706) 993-0514
Listed By:
Charlie Davis · License #432526
(706) 993-0514
Source:
Jordantrotter
Added: Jun 2
Changed: Aug 26
Last Checked: Sep 1 at 3:18PM
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
Investment Insights
Based on property information with market context.
The former JC Penney building is a historic, multi-story property totaling 78,000 square feet across five floors. The building’s documented history dates back to 1895, with uses including the Albion Hotel, followed by successive retail department store occupants such as J.B. White’s, Sears, and then J.C. Penney. Architectural updates include a facade transition to an art deco look during the early to mid-1920s.
Located at 732 Broad Street in Augusta, the property is tied into the existing site fabric through Albion Alley, which runs between Broad Street and Ellis Street. The building is identified as Opportunity Zone eligible, and it may qualify for historic and special tax credits, which can be important in structuring redevelopment timelines and underwriting.
For investors and owner-users, this is a compelling option for adaptive reuse into professional office space, leveraging the building’s prominent historic character while taking advantage of potential tax credit programs. The scale and five-floor layout can support a range of leasing or redevelopment approaches, subject to applicable approvals and program requirements.
Located at 732 Broad Street in Augusta, the property is tied into the existing site fabric through Albion Alley, which runs between Broad Street and Ellis Street. The building is identified as Opportunity Zone eligible, and it may qualify for historic and special tax credits, which can be important in structuring redevelopment timelines and underwriting.
For investors and owner-users, this is a compelling option for adaptive reuse into professional office space, leveraging the building’s prominent historic character while taking advantage of potential tax credit programs. The scale and five-floor layout can support a range of leasing or redevelopment approaches, subject to applicable approvals and program requirements.
Key Highlights
- 78,000 SF, 5‑floor building known as the “former JC Penney” building
- Built in 1895; originally Albion Hotel, then J.B. White’s, Sear’s, and J.C. Penney
- Sear’s updated the facade to an art deco look in the early to mid 1920s
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A landmark, Opportunity Zone-eligible building with historic and special tax credit potential for adaptive office redevelopment.
Where is this office building located?
The property is located at 732 Broad Street Augusta, GA.
What are key features of this property?
This property features: 78,000 SF, 5‑floor building known as the “former JC Penney” building; Built in 1895; originally Albion Hotel, then J.B. White’s, Sear’s, and J.C. Penney; Sear’s updated the facade to an art deco look in the early to mid 1920s
