244 Washington St Athens, GA 30601-2749
- Office Properties & Spaces
- 4,784 SF
- 0.06 lot acres
Mar 20, 2025
Current Use by Public Records
- Athena Bioscience, LLC / Pharmaceutical Company
- James C. Warnes LLP / Insurance Attorney
- Ryan Swingle Attorney at Law / Law Firm
- Classic City Law / Attorney
- Metacel Pharmaceuticals / Pharmaceutical Company
Property Details for 244 Washington St
- Year built
- 1920
- Lot size
- 0.06 lot acres
- Property size
- 4,784 SF
- Zone code
- C-D
- Property type
- Office Properties & Spaces
- APN
- 17-1-B5 C-002-A
- APU
- 171B5C002A
Description
This exceptional 4,779-square-foot office building, constructed in 1920, presents a unique opportunity in the heart of Downtown Athens, Georgia. Located at 244 E Washington St, this Class B property boasts a coveted address directly across from the Athens-Clarke County Courthouse and City Hall, and just two blocks from the University of Georgia's North Campus. The building's single suite configuration offers seven private offices, a dedicated conference room, a reception area, a break room, and three restrooms. Two spacious multi-purpose areas provide ample room for collaboration or additional meeting space. The property sits on a 0.06-acre lot and is zoned C-D, offering flexibility for various business uses. Its prime location within the historic downtown business district ensures high visibility and foot traffic, with numerous restaurants, shops, and entertainment options nearby. The building's proximity to the UGA Arch and the Classic Center further enhances its appeal. The owner is open to subdividing the space into two smaller suites, providing added versatility for potential tenants. This historic building offers a blend of convenience, character, and an unbeatable location, making it an ideal space for a business seeking a prominent presence in Athens' vibrant downtown area. The property's APN is 171B5 C002A, located in Clarke County, GA, zip code 30601.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,295,000
- ML approach
- $1,135,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $945,000
- 6.5%
- $875,000
- 7%
- $810,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $965,000
Market price range: $224k - $1.04M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,395,000 Current use
- MEDICAL BUILDING
- $1,150,000 Change: -18% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.3753
- Latitude
- 33.9592
- CBSA code
- 12020
- CBSA name
- ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA