- For Sale $1,899,000
- Property Type Retail - Street Retail
- Property Size 9,072 SF
- Units 5
- Lot Size 0.12 Acre
- Year Built 1888
- Date Updated Feb 29, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- LIST PRICE: $1,899,000
- FULLY LEASED OUT: This investment property is fully leased out with two retail tenants on the bottom floor and three apartment units on the top. One of the apartment units is being used as a fully furnished Air Bnb which could easily be transitioned to a leased out apartment unit.
- BRAND NEW RETAIL LEASE: This property features a brand-new 5-year NNN lease occupied by Lennox of Broad. The lease features a pro rata share reimbursement of taxes and insurance along with 4% annual rent increases.
- STRONG RENTAIL INCREASES: Along with Lennox on Tenth’s rental increase of 4% annually, Manny’s off-Broad is paying 5% annual increases which provides a new owner a strong hedge against inflation.
- BEAUTIFUL APARTMENT UNITS: The second story features three large and beautiful apartment units. Two of them are fully furnished with one of them being operated as an Air Bnb. Each unit features beautiful hardwood floors and exposed brick.
False
Contacts
Location
Getting Around
-
Walk Score ®
75/100 Very Walkable -
Bike Score ®
64/100 Bikeable
- City Augusta, GA
- Neighborhood Downtown Augusta
- Zip Code 30901
- Market Augusta
Points of Interest
-
Shell
1.32 miles
-
Phillips 66
2.23 miles
-
Shopper's Stop
2.55 miles
-
Shell
3.52 miles
-
Bryants Express
4.11 miles
-
Kroger
4.17 miles
-
Costco Gasoline
4.41 miles
-
Circle K
4.74 miles
-
CK
4.80 miles
-
BP
5.04 miles
-
Reynolds Street Parking Deck
0.17 miles
-
Mill Village Trailhead
1.65 miles
-
109
2.81 miles
-
110
2.84 miles
-
108
2.85 miles
-
103
2.86 miles
-
111
2.88 miles
-
102
2.92 miles
-
106
2.92 miles
-
104
2.93 miles
-
Rooster's Beak
0.01 miles
-
Bee's Knees
0.02 miles
-
Blue Sky Kitchen
0.04 miles
-
Quiznos
0.27 miles
-
Bojangles'
0.83 miles
-
Wendy's
0.84 miles
-
Popeyes
0.86 miles
-
Red Lobster
0.91 miles
-
McDonald's
0.92 miles
-
Pizza Hut
0.99 miles
-
Bi-Lo
3.86 miles
-
Lidl
4.07 miles
-
Publix
4.15 miles
-
Food Lion
5.72 miles
-
Walmart Supercenter
5.81 miles
-
Dillard's
6.26 miles
-
Sears
6.33 miles
-
JCPenney
6.41 miles
-
Walmart Supercenter
6.45 miles
-
Walmart Supercenter
6.98 miles
Frequently Asked Questions
What is the lease rate for Downtown Augusta Investment Property?
Rental asking rate at Downtown Augusta Investment Property is $949,500.00/YR.
What is the total square footage of Downtown Augusta Investment Property?
Downtown Augusta Investment Property totals 9,072 square feet.
When was this property built?
Downtown Augusta Investment Property was built in 1888.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.