Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    739 Broad St Augusta, GA 30901

    Sponsored
    For Sale
    Contact for pricing

    Iconic Augusta building, 45-unit conversion potential.

    Property size:
    45,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-story, 45,740-square-foot Class A building presents a unique adaptive reuse opportunity in Augusta, Georgia's thriving downtown. Currently vacant, the property is fully gutted and ready for immediate redevelopment into a 45-unit multifamily complex with ground-floor retail and restaurant space. Existing conversion plans are available. The building, originally constructed in 1915 and designed by Lloyd Preacher, boasts stunning architectural details including limestone, buff press brick, and ornamental polychrome terra-cotta. Its prime location places it within walking distance of the new US Cyber District, including Fort Gordon (with $1.6 billion in approved development), the NSA facility, and the Nathan Deal Campus for Innovation. The proximity to the PGA Masters Golf tournament and the impending arrival of direct flights from Washington, D.C., further enhance its appeal. This Opportunity Zone property offers significant tax advantages, including potential state and federal historic tax credits (up to 45% for renovation costs), and local authorities are supportive of development projects. A new roof was installed in 2010. The building is listed on both the State and US National Historic Registries. This is a truly remarkable investment opportunity in a rapidly growing market. Permitted zoning is C3 Commercial. The property is fee simple ownership, with no ground lease.

    Property Features for 739 Broad St

    General Information

    Property type
    Multifamily properties
    Square Feet
    45,740 SF
    Class
    A

    Building Details

    Year Built
    1915
    Buildings
    1
    Stories
    10
    Units
    45

    HighLights

    • Opportunity Zone designation offers significant tax advantages for investors.
    • State and Federal Historic Registry listings provide up to 45% tax credits for renovations.
    • State Historic Registry listing offers direct state tax credits of 25% for renovations (with potential for legislative increase).
    • US National Historic Registry listing offers direct federal tax credits of 20% for renovations.
    • Local government offers streamlined project approval process.
    • New roof installed in 2010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -81.96443831
    Latitude
    33.4750265

    Nearby Similar for Sale

    • New
      $1,350,000
      0.19 Acres

      Premier Event & Rental Investment

      Income-producing portfolio near Augusta National Golf Club.
      1058 Bertram Road Ext, Augusta, GA 30909
      View Details
    • $1,350,000
      0.19 Acres

      Event Venue & Rental Investment

      Premier income-producing portfolio near Augusta National Golf Club.
      1058 Bertram Road Ext, Augusta, GA 30909
      View Details
    • $1,200,000
      47,721 SF

      Commercial Property in Richmond County

      Commercial property with office spaces, high traffic, and prime location.
      3106 Wrightsboro Rd, Augusta, GA 30909
      View Details
    • $549,900
      10,758 SF

      Augusta Church Building For Sale

      Church property in Augusta's Mid-Town, ideal for redevelopment.
      1815 Central Ave, Augusta, GA 30904
      View Details
    • $450,000
      4,250 SF

      Office and Warehouse Space Available

      Office and warehouse space in Augusta, Georgia with ample parking.
      2150 Central Ave, Augusta, GA 30904
      View Details
    • $550,000
      7,356 SF

      Augusta Commercial Building on Deans

      7,356 SF commercial building on 1.57 acres in Augusta.
      3044 Deans Bridge Rd, Augusta, GA 30906
      View Details
    • $2,800,000
      15,483 SF

      Spacious Renovated Office Building, Augusta

      Extensive office space near major routes, shopping, and Fort Eisenhower.
      2822 Hillcreek Dr, Augusta, GA 30909
      View Details
    • $519,300
      0.19 Acres

      Furnished Event Venue & Studio

      Versatile studio in Augusta, suitable for events or residence.
      1058-A Bertram Road Ext, Augusta, GA 30909
      View Details
    • $519,300
      0.19 Acres

      Furnished Augusta Event Venue/Residence

      Versatile studio-style space ideal for events, rentals, or residence.
      1058-A Bertram Road Ext, Augusta, GA 30909
      View Details
    • $374,000
      0.19 Acres

      Stylish Augusta Furnished Rental Property

      Refined, furnished 1-bedroom with strong rental income potential.
      1060-A Bertram Road Ext, Augusta, GA 30909
      View Details
    • $457,000
      0.19 Acres

      Furnished Rental Home Near Augusta

      Fully furnished 3-bedroom home with high rental income potential.
      1056-A Bertram Road Ext, Augusta, GA 30909
      View Details
    • $374,000
      0.19 Acres

      Stylish Furnished Augusta Rental Property

      Furnished 1-bedroom with rental income potential near Stablegold Clubhouse.
      1060-A Bertram Road Ext, Augusta, GA 30909
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Iconic Augusta building, 45-unit conversion potential.
    Where is this multifamily property located?
    The property is located at 739 Broad St Augusta, GA.
    What are key features of this property?
    This property features: Opportunity Zone designation offers significant tax advantages for investors.; State and Federal Historic Registry listings provide up to 45% tax credits for renovations.; State Historic Registry listing offers direct state tax credits of 25% for renovations (with potential for legislative increase).
    Request Owner's contact information
    739 Broad St Augusta, GA 30901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    739 Broad St
    Augusta, GA 30901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    739 Broad St Augusta, GA 30901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.