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Property profile

357 Milledge Ave Athens, GA 30605

OFF-MARKET
Specialty properties
Property ID
US22-1330008
6,620 SF 0.8 ac lot Built 1930
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Property summary

AI-generated overview

This exceptional 6,620 square foot creative office space presents a rare investment opportunity in Athens, Georgia's vibrant Milledge Avenue Historic District. The property, built in 1930, is a four-story building situated on a 0.8-acre lot with double road frontage on Milledge Avenue and Harris Street. Its prime location offers unparalleled convenience, being less than a mile from downtown Athens and the popular Five Points area, and just a quarter mile from bustling Broad Street. This vacant property boasts a rich history, originally owned by Mrs. Frances Long Taylor, and retains its original character and charm, making it a truly unique offering. The permitted zoning is C-O. The asking price is $3,250,000, translating to $490.94 per square foot. This mixed-use property presents a compelling opportunity for adaptive reuse and capitalizes on its ideal location within a thriving community. The property's historical significance, combined with its modern accessibility, makes it an exceptional investment prospect. The building consists of one structure.

Property profile

Verified
Property type Specialty properties
Year built 1930
Total area 6,620 SF
Lot 0.8 ac (34,848 SF)
UPID US22-1330008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

357 Milledge Ave Athens, GA 30605
Athens metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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