732 Broad St Augusta, GA 30901
- Commercial land
- 78,342 SF
- 0.46 lot acres
Current Use by Public Records
- Commercial land
Property Details for 732 Broad St
- Year built
- 1895
- Lot size
- 0.46 lot acres
- Property size
- 78,342 SF
- Zone code
- B-2
- Property type
- Commercial land
- APN
- 047-1-046-00-0
- APU
- 471046000
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,926,000
Market price range: $1.93M - $8.17M
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Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Richmond
- State
- Georgia
- Longitude
- -81.9647
- Latitude
- 33.4744
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA