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    1208 Broad St Augusta, GA 30901

    For Lease
    $16 SF/Yr ($12,572 /Mo)

    Historic Broad Street retail, multiple spaces available

    Lot size:
    9,429 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional three-story mixed-use building, located at 1208 Broad Street in Augusta, Georgia (30901), presents a unique investment opportunity. Boasting a total of 9,429 square feet, the property sits on a 0.19-acre lot and was constructed in 1965. Currently, there are three retail spaces available, ranging from 3,079 to 3,175 square feet, totaling 6,000 square feet of vacant space. The building's prime location at the corner of 12th and Broad Street places it within easy walking distance of the Augusta Riverwalk, Augusta Common, and the Convention Center, ensuring high visibility and foot traffic. This vibrant area is the heart of Augusta's dining, shopping, and entertainment district. The building is zoned COMMERCIAL (APN: 036-4-214-00-0) and features separate accesses for each tenant, making it ideal for multiple businesses. Its historic character adds to its charm and appeal, while its multi-tenant design offers flexibility and potential for diverse income streams. The building's three stories provide ample space for a variety of uses, making it a versatile and attractive option for investors seeking a strong presence in a thriving downtown location. This is a rare opportunity to acquire a well-situated, established property in a high-demand area.

    Property Features for 1208 Broad St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,429 SF
    Total Rate
    12572

    Building Details

    Year Built
    1965
    Stories
    3

    Unit(s) available at that property

    Space
    3rd Floor Suite
    Size
    3,079 SF
    Rate per SF
    $16
    Space
    1st Floor Suite
    Size
    3,175 SF
    Rate per SF
    $16
    Space
    2nd Floor Suite
    Size
    3,175 SF
    Rate per SF
    $16

    HighLights

    • First floor: 3,175 SF of versatile space suitable for restaurant, retail, or office use.
    • Second floor: 3,175 SF of office space.
    • Third floor: 3,079 SF of office space.
    • Historic building featuring a skylight.
    • Rear freight elevator.
    • Interior stairwell.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Garden City Solar ... Solar Energy Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -81.97299970775
    Latitude
    33.477761087824

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    FAQs

    What type of property is this?
    Individual retail property - Historic Broad Street retail, multiple spaces available
    Where is this individual retail property located?
    The property is located at 1208 Broad St Augusta, GA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: First floor: 3,175 SF of versatile space suitable for restaurant, retail, or office use.; Second floor: 3,175 SF of office space.; Third floor: 3,079 SF of office space.
    Request Owner's contact information
    1208 Broad St Augusta, GA 30901
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    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
    1208 Broad St Augusta, GA 30901
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