739 Broad St Augusta, GA 30901
- Commercial land
- 46,950 SF
- 0.21 lot acres
Current Use by Public Records
- Commercial land
Property Details for 739 Broad St
- Year built
- 1915
- Lot size
- 0.21 lot acres
- Property size
- 46,950 SF
- Zone code
- B-2
- Property type
- Commercial land
- APN
- 037-3-123-00-0
- APU
- 373123000
Description
This exceptional 10-story, 45,740-square-foot Class A building presents a unique adaptive reuse opportunity in Augusta, Georgia's thriving downtown. Currently vacant, the property is fully gutted and ready for immediate redevelopment into a 45-unit multifamily complex with ground-floor retail and restaurant space. Existing conversion plans are available. The building, originally constructed in 1915 and designed by Lloyd Preacher, boasts stunning architectural details including limestone, buff press brick, and ornamental polychrome terra-cotta. Its prime location places it within walking distance of the new US Cyber District, including Fort Gordon (with $1.6 billion in approved development), the NSA facility, and the Nathan Deal Campus for Innovation. The proximity to the PGA Masters Golf tournament and the impending arrival of direct flights from Washington, D.C., further enhance its appeal. This Opportunity Zone property offers significant tax advantages, including potential state and federal historic tax credits (up to 45% for renovation costs), and local authorities are supportive of development projects. A new roof was installed in 2010. The building is listed on both the State and US National Historic Registries. This is a truly remarkable investment opportunity in a rapidly growing market. Permitted zoning is C3 Commercial. The property is fee simple ownership, with no ground lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Richmond
- State
- Georgia
- Longitude
- -81.9643
- Latitude
- 33.4754
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA