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    244 Washington St Athens, GA 30601-2749
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    Property profile & analytics

    244 Washington St, Athens, GA 30601-2749

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    • Office Spaces
    • 4,784 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Mar 20, 2025
    $1,250,000
    Property ID
    US22-4750527
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,235,000
    Show details
    Cap Rate Potential
    4.4%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Athena Bioscience, LLC / Factory / Production Facility
    • James C. Warnes LLP / Law Firm / Insurance Agency
    • Ryan Swingle Attorney at Law / Law Firm
    • Classic City Law / Law Firm
    • Metacel Pharmaceuticals / Factory / Production Facility

    Property Details for 244 Washington St

    Year built
    1920
    Lot size
    0.06 lot acres
    Zone code
    C-D
    Property type
    Office 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

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,448
    $114,816
    $426,196
    $541,012
    -
    $287,040
    $1,065,489
    $1,352,529
    More about this property
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