238 Broad Ave Albany, GA 31701-0188
This exceptional 2,938 square foot commercial building, located at 238 W Broad Avenue in the heart of downtown Albany, Georgia, presents a rare opportunity for discerning investors or business owners. Situated on a 0.12-acre lot, this property boasts a wealth of attractive features ideal for a variety of uses. The building's character is undeniable, featuring exposed brick walls that lend a unique charm and industrial chic aesthetic. Large display windows provide excellent street visibility, perfect for attracting customers. Inside, you'll find a well-maintained retail counter, updated lighting fixtures, and the potential for a loft-style living space upstairs – adding versatility and potential for mixed-use development. A private rear courtyard offers an outdoor space, while a separate storage building with convenient alley access provides ample room for inventory or equipment. The property is priced competitively at $179,000. Pre-approval letters are required for showings. This is a truly unique opportunity to own a piece of downtown Albany's vibrant commercial landscape. Don't miss out on this chance to acquire a property with immense potential. The possibilities are truly endless.
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The Paisley Fig Clothing & Fashion Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Albany, GAAlbany. 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.