Property summary
This 3,965 square foot, two-story office building in Athens, Georgia, presents a compelling investment opportunity. Located in East Athens-Clarke County on Research Drive, this Class C property enjoys a convenient location near Barnett Shoals Drive and College Station Road, offering easy access to Loop 10 ramps and the University of Georgia's East Campus. Built in 1983 and renovated in 2002, the building sits within a small office complex, surrounded by apartments, subdivisions, retail, and the UGA Veterinary Teaching Hospital. The flexible floor plan allows for diverse tenant configurations. The first floor currently houses a holistic healthcare group and a yoga studio, each with distinct layouts including reception areas, exam rooms, open spaces, and multiple bathrooms. The second floor offers additional office and meeting spaces, along with a large breakroom/kitchenette and bathrooms. The property is zoned C-O and includes one building on a single lot (APN: 174D4 A001). Currently, three month-to-month tenants occupy the space, providing immediate income potential or the flexibility to renovate for a single tenant. The asking price is $535,500. This property offers a strong return on investment with its prime location and adaptable space.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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Alternative Medicine Practice Spa & Massage Center
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Pediatrician Medical Clinic
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-O · Athens, GAThis district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-O in Athens, GA.
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