- 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
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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.
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Contacts
John Eckley, MBA, Civil Eng.
Meybohm Commercial Properties
(706) 305-0054
Location
Getting Around
-
Walk Score ®
Very Walkable (75) -
Bike Score ®
Bikeable (64)
- City Augusta, GA
- Neighborhood Downtown Augusta
- Zip Code 30901
- Market Augusta
Points of Interest
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Shell
1.32 miles
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Phillips 66
2.23 miles
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Shopper's Stop
2.55 miles
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Shell
3.52 miles
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Bryants Express
4.11 miles
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Kroger
4.17 miles
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Costco Gasoline
4.41 miles
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Circle K
4.74 miles
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CK
4.80 miles
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BP
5.04 miles
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Reynolds Street Parking Deck
0.17 miles
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Mill Village Trailhead
1.65 miles
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109
2.81 miles
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110
2.84 miles
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108
2.85 miles
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103
2.86 miles
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111
2.88 miles
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102
2.92 miles
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106
2.92 miles
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104
2.93 miles
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Rooster's Beak
0.01 miles
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Bee's Knees
0.02 miles
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Blue Sky Kitchen
0.04 miles
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Quiznos
0.27 miles
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Bojangles'
0.83 miles
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Wendy's
0.84 miles
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Popeyes
0.86 miles
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Red Lobster
0.91 miles
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McDonald's
0.92 miles
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Pizza Hut
0.99 miles
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Bi-Lo
3.86 miles
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Lidl
4.07 miles
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Publix
4.15 miles
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Food Lion
5.72 miles
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Walmart Supercenter
5.81 miles
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Dillard's
6.26 miles
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Sears
6.33 miles
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JCPenney
6.41 miles
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Walmart Supercenter
6.45 miles
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Walmart Supercenter
6.98 miles
Contact Listing Broker
John Eckley, MBA, Civil Eng.
Meybohm Commercial Properties
(706) 305-0054