105 Robert Toombs Ave Washington, GA 30673-1737
This exceptional 10,080 square foot commercial building, constructed in 1912, sits on a 0.26-acre lot in the heart of historic downtown Washington, Georgia. Its prime location ensures high visibility and significant foot traffic. Currently generating reliable rental income from three office spaces with prominent road frontage, this property presents an immediate return on investment. The existing tenants provide a stable income stream, while the substantial square footage offers significant potential for future development and expansion. Imagine converting the upper levels into residential apartments, maintaining the valuable commercial space on the ground floor. A private rear parking area adds considerable convenience and value. The asking price of $179,000 makes this a compelling opportunity for investors seeking a blend of immediate income and long-term growth potential. This property offers a unique chance to own a piece of Washington's rich history, capitalizing on both its established commercial viability and its untapped residential potential. The building's size and location make it an ideal investment for those seeking a strong return and the possibility of future development in a thriving downtown area.
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First Baptist Church Church
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The Ark Family Recreation Center Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Washington, GAWashington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.