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    732 Broad St Augusta, GA 30901

    For Sale
    Contact for pricing

    78,000 SF, 5-story, prime location.

    Property size:
    78,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This remarkable 78,000-square-foot mixed-use building presents a unique investment opportunity in the heart of Augusta, Georgia. Originally constructed in 1895 as the Albion Hotel, this five-story property boasts a rich history, having served as J.B. White's, Sears, and later, the J.C. Penney building. Sears' renovation in the early to mid-1920s transformed the original brick facade into the striking Art Deco design visible today. Situated on a 0.46-acre lot at 732 Broad Street (APN 047-1-046-00-0), the property is zoned B2 General Business. Its strategic location within an Opportunity Zone makes it eligible for significant tax advantages, including historic and special tax credits. The building's prominent position on Broad Street, with Albion Alley providing access between Broad and Ellis Streets, offers exceptional visibility and accessibility. This landmark property offers substantial potential for adaptive reuse and redevelopment, catering to a variety of commercial uses. Its size, location, and historical significance combine to create a compelling investment prospect with considerable upside.

    Property Features for 732 Broad St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    78,000 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1895

    HighLights

    • 78,000 square feet of space.
    • Five‑story building.
    • Situated in a designated Opportunity Zone.
    • Eligible for historic and special tax credits.
    • Conveniently located with Albion Alley access between Broad and Ellis Streets.
    Property Profile Insight Report 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
    -81.9646896
    Latitude
    33.474295

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    FAQs

    What type of property is this?
    Mixed-use property - 78,000 SF, 5-story, prime location.
    Where is this mixed-use property located?
    The property is located at 732 Broad St Augusta, GA.
    What are key features of this property?
    This property features: 78,000 square feet of space.; Five-story building.; Situated in a designated Opportunity Zone.
    (706) 993-0514
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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
    732 Broad St Augusta, GA 30901
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