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    3118 Washington Rd Augusta, GA 30907

    For Sale
    $2,500,000

    Prime Augusta restaurant, high traffic location.

    Property size:
    2,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A restaurant building, constructed in 2022, presents a compelling investment opportunity in Augusta, Georgia. Boasting 2,736 square feet of net rentable space, the property features a well-designed layout with 1,920 square feet on the ground floor and an additional 816 square feet of upstairs dining space offering scenic views of Washington Road. The building includes a convenient drive-thru lane and ample parking for 27 vehicles. A substantial 1,000 square feet is dedicated to the kitchen, complemented by two ADA-compliant restrooms. Strategically located on the highly visible AM side of Washington Road, this property benefits from exceptional daily traffic exceeding 33,600 vehicles, serving as a crucial connector between Columbia and Richmond Counties. Its proximity to I-20 (half a mile) and Augusta National (1.5 miles) further enhances its desirability. The location is surrounded by a vibrant mix of established businesses, including Krystal, Applebee's, Pep Boys, AutoZone, Chick-fil-A, and numerous other national and local restaurants and retailers. The asking price is $2,500,000, translating to $913.74 per square foot. The 0.56-acre lot is zoned B-2, offering flexibility for various commercial uses. This property represents a rare opportunity to acquire a thriving restaurant in a high-demand location with significant growth potential. The property's APN is 011-0-132-00-0.

    Property Features for 3118 Washington Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,736 SF
    Class
    A
    Lot Size
    24,394 SF

    Building Details

    Year Built
    2022

    HighLights

    • $2,500,000 asking price for this Class A retail restaurant.
    • 2,736 square feet, built in 2022, with 1,920 square feet on the ground floor and 816 square feet of upstairs dining space.
    • Features a drive‑thru lane and 27 parking spaces.
    • Includes approximately 1,000 square feet of kitchen space and two ADA‑compliant restrooms.
    • Located at 3118 Washington Rd, Augusta, GA 30907, on a 0.56‑acre lot (APN: 011‑0‑132‑00‑0), with high daily traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cafe Dulce Cafe WHIT'S FROZEN CUSTARD ... Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Richmond
    State
    Georgia
    Longitude
    -82.054318547655
    Latitude
    33.513761787372

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    FAQs

    What type of property is this?
    Restaurant - Prime Augusta restaurant, high traffic location.
    Where is this restaurant located?
    The property is located at 3118 Washington Rd Augusta, GA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for this Class A retail restaurant.; 2,736 square feet, built in 2022, with 1,920 square feet on the ground floor and 816 square feet of upstairs dining space.; Features a drive-thru lane and 27 parking spaces.
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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
    3118 Washington Rd Augusta, GA 30907
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