1901 Central Ave Augusta, GA 30904-4125
This exceptional 2,916-square-foot medical office building, situated in Augusta, Georgia, presents a compelling investment opportunity. Built in 1926, this Class B property boasts a convenient location at 1901 Central Avenue, a high-traffic area with a daily vehicle count of 7,320. Its strategic placement near Augusta University (9,108 students and 4,900 staff), a major high school (1,400 students and 88 teachers), and a significant hospital district (approximately 10,000 employees) ensures high visibility and potential for strong tenant demand. The single-story building features two large offices, a living/dining area, an activity room, and a full commercial kitchen, along with a private courtyard. Ample parking is available across Baker Street and on adjacent McDowell Street, and the property includes a driveway and two ramps for convenient patient drop-off. Currently zoned P-1, this versatile property offers significant potential for a variety of uses, including a daycare center or a small medical practice. The building's layout could also be easily adapted for conversion into a single-family residence. The asking price is $250,000, translating to $85.73 per square foot. The property's APN is 045-3-027-00-0. This is a rare opportunity to acquire a well-located, adaptable property in a thriving Augusta neighborhood.
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Via Cognitive Health (Jud C. Hickey Center for Alzheimer's Care) Adult Day Care
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Augusta, GAAugusta. 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.