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Historic Downtown Mixed-Use Building
For Sale
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869 Broad St, Augusta, GA 30901

First-floor and partial second-floor space suited for retail, office, or restaurant use on heavily traveled Broad Street.

Property Size10,450 SF
Days on Market140

Property Features for 869 Broad St

General Information

Standard status Active
Size 10,450 SF
Property subtype Retail
Lease Term NNN

Additional Details

Traffic Count 8,150 vehicles/day

Building Details

Building Size 10,450 SF
Year Built 1908

Properties For Sale

at 869 Broad St
869 Broad Street
Size 5,088 SF
Term Negotiable
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Listing Agency: Jordan Trotter Commercial Real Estate
Listed By: Mason Whatley · License #GA #435411
Source: Jordantrotter
Added: Jun 4 Changed: Oct 4 Last Checked: Oct 20 at 6:34PM

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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Investment Insights

Based on property information with market context.

This historic building offers 5,088 SF of available space, consisting of the entire first floor and a portion of the second floor. The layout provides flexibility for a single user or concepts that can utilize the lower level alongside additional space on the upper floor.

The building is located downtown Augusta on Broad Street, with remarks noting Broad Street traffic at 8,150 VPD. That level of exposure can support storefront-oriented businesses as well as office tenants seeking street-facing visibility.

Designed for adaptable occupancy, the property is presented as an option for retail, office, or restaurant users. Prospective tenants and buyers should evaluate the second-floor portion for operational fit, including how the upper-level space will be used relative to the first-floor area. With the available footprint spanning both floors, the building can accommodate a range of tenant requirements where a downtown storefront presence and additional space are both important.

Key Highlights

  • 5,088 SF of available space on the first floor and a portion of the second floor
  • Historic building built in 1908
  • Available for retail, office, or restaurant use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,600 $1.1M
Cap Rate 7%
$809,714 $809.7K
Cap Rate 9%
$629,778 $629.8K
Market Conditions
NOI Build-Up for 5,088 SF
Gross rent
$84.3K $16.56/SF
− Vacancy
−$3.3K −$0.65/SF
EGI
$81.0K $15.91/SF
− OpEx
−$24.3K −$4.77/SF
NOI
$56.7K $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%
$1,133,600
Cap Rate 7%
$809,714
Cap Rate 9%
$629,778

Alternative Uses

Best Use
Retail
$809.7K
$708.5K – $944.7K (±1% cap)
NOI $56,680 @ 7.0% cap · market cap 2,834,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M (±1% cap)
NOI $112,418 @ 7.0% cap · market cap 5,620,900.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Storage Facility Home Appliance Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8,150 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,922
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Flowers On Broad — 1030 Greene St, Augusta, GA 30901
  • Naaiya's Antiques & Flowers — 108 Macartan, Augusta, GA 30901

Frequently Asked Questions

What type of property is this?
Storefront property - First-floor and partial second-floor space suited for retail, office, or restaurant use on heavily traveled Broad Street.
Where is this storefront property located?
The property is located at 869 Broad St Augusta, GA.
What are key features of this property?
This property features: 5,088 SF of available space on the first floor and a portion of the second floor; Historic building built in 1908; Available for retail, office, or restaurant use
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