Hammond's Ferry Mixed-Use Investment

505 Railroad Avenue, North Augusta, SC 29841

Property Information

  • For Sale $1,575,000
  • Property Type Retail - Street Retail
  • Property Size 5,139 SF
  • Units 4
  • Lot Size 0.17 Acre
  • Parking Spaces Avail. 3
  • Property Tenancy Multi-Tenant
  • Year Built 2007
  • Date Updated Nov 12, 2026

Description

505–507 Railroad Avenue sits in the heart of Hammond's Ferry, North Augusta's walkable riverfront neighborhood along the Savannah River. The property is a short walk to Boeckh Park and its boat dock, Brick Pond Park, The Lantern, Greeneway trail access, SRP Park, the Crowne Plaza hotel, The Clubhouse at Riverside, and riverfront restaurants including Brinkley's Chop House and Southbound Smokehouse. The North Augusta riverfront continues to grow, offering dining, green space, walking and biking trails, community docks and boating, concerts, sporting events and shopping. Downtown Augusta, the medical district, and area colleges and universities are just minutes away across the river.Jordan Trotter Commercial Real Estate is pleased to offer 505–507 Railroad Avenue, a four-unit mixed-use investment property in the heart of Hammond's Ferry, North Augusta's riverfront neighborhood along the Savannah River. The property combines a ground-floor restaurant space, occupied by the same operator since 2008, with three 2-bedroom residences and a blend of long-tenured commercial income and residential rent in one of the area's most walkable settings. The main building features the first-floor commercial space with covered colonnade and sidewalk seating, plus two 1,328 SF, 2 bed / 2.5 bath apartments (Suites 200 and 201) with multiple covered porches. A separate 980 SF, 2 bed / 2 bath loft apartment sits at 507 Railroad Avenue. Each residence includes designated garage parking, an in-unit washer/dryer, hardwood floors throughout and stainless steel kitchen appliances. Ownership has reinvested in the property from 2021 to 2025, including new HVAC units, interior painting, pressure washing, new refrigerators, microwaves and washer/dryer units, window blinds, and pre-wired EV charging outlets. The units have maintained excellent occupancy since inception. Combined rent averages $8,811 per month ($105,732 annually). Annual city and county taxes are $19,825, and routine maintenance has averaged $5,376 per year over the last three years.

Highlights

  • 20212025 improvements include new HVAC, interior paint, appliances and EV-ready wiring
  • Combined average rent of $8,811/month ($105,732 annually)
  • Commercial space occupied by the same restaurant since 2008
  • Excellent occupancy history since inception
  • Four-unit mixed-use building: three 2-bedroom residences and one ground-floor commercial unit
  • Minutes to downtown Augusta, the medical district, and area colleges and universities
  • Residences range from 980 to 1,328 SF, each with garage parking and in-unit washer/dryer
  • Walkable Hammond's Ferry riverfront location near SRP Park, Boeckh Park and the Greeneway

Contacts

Location

Contact Listing Broker
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