Property Details for 3026A Washington Rd

Year built

1974

Lot size

0.32 lot acres

Property size

3,132 SF

Property type

Retail properties & Spaces

Property subtype

Grocery and convenience stores

Description

This 3,132 square foot vacant retail building, located at 3026A Washington Road in Augusta, Georgia, presents a compelling investment opportunity. The property, situated on a 0.32-acre lot (APN: 012-3-006-00-0), is zoned B-2 and boasts a desirable location with convenient access to Interstate 20 and high traffic volume. Previously used as a restaurant, the building offers significant potential for reuse as a convenience store or other retail establishment. The asking price is $699,000, representing a $223.18 per square foot cost and a 7.50% cap rate. Built in 1974, the single-unit property features a substantial amount of existing restaurant equipment, including a walk-in cooler and freezer, which could be repurposed for a variety of retail uses. A detailed equipment list is available upon request. The property is currently vacant and offered as a NNN lease. This presents a unique chance to acquire a well-positioned retail space in a thriving Augusta location. The building's size and location make it ideal for a variety of retail uses, capitalizing on the high traffic counts and convenient highway access.

Location Insight

City

Augusta

County

Richmond

State

Georgia

Longitude

-82.0469

Latitude

33.5124