1800 Broad Street Ext, Augusta, GA 30904
This exceptional Augusta, GA commercial property presents a unique investment opportunity. Encompassing three buildings at 1800, 1808, and 1810 Broad Street, totaling 12,839 square feet on a 0.38-acre lot, this property offers significant redevelopment potential. The buildings boast preserved original architectural details, including intricate brickwork and pocket doors, creating a captivating blend of historic charm and modern possibilities. The prime location, situated conveniently between downtown Augusta and the Medical Center, benefits from high visibility on a corner lot with a traffic light. Across the street lies the Kroc Center, upscale King Mill condominiums, and the Cyberpark, ensuring high foot traffic and visibility. The Augusta Canal Heritage Trail is a short walk away, adding to the property's appeal. The property also includes a parking lot at 205 Crawford Ave. The first floor is ideal for retail or office spaces, while the second floor offers stunning views and is perfect for loft conversions. This development opportunity is further enhanced by its location in an Opportunity Zone and eligibility for Historic Tax Credits (45% of renovation spending). The year built is believed to be 1994 for the retail spaces, with the 1800 building (formerly Lakeview Pharmacy) dating back to the late 1800s and the 1810 building having previously served as a theatre. The property's proximity to a quiet city park and the Ezekiel Harris home (open for tours) adds to its unique character. Ideal uses include lofts, cafes, salons, venues, gyms, medical offices, and service/shipping businesses. All information should be independently verified. The asking price is $685,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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