Welcome to 985 Broad Street, located in the heart of downtown Augusta, Georgia, 30907. This exceptional property offers a lucrative investment opportunity for those seeking a value add opportunity in a region experiencing strong economic growth.
Spanning an impressive 26,736 square feet, this property is currently 64% occupied, providing immediate rental income and substantial potential for further development and increased occupancy. With its prime downtown location, it is perfectly positioned to attract a diverse range of tenants and capitalize on the thriving local economy.
Augusta is experiencing strong economic growth, making it an ideal location for investors seeking long-term stability and profitability. The city's vibrant downtown area boasts a thriving business community, numerous entertainment options, and a rich cultural heritage.
This property is particularly enticing for 1031 exchange investors who are looking to defer capital gains taxes by reinvesting in a like-kind property. With an asking price of $6 million, this investment presents an excellent opportunity to secure a valuable asset with the potential for significant returns.
Part of a portfolio allowing the Investor an opportunity to purchase additional adjacent properties at:
971 & 973 Broad Street. Asking $5 million.
953 & 943 Jones Street. Asking $1.5 million.
More details coming soon!
Listing information courtesy of Meybohm Realtors-Evans. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of G.A.A.R. - MLS. Real estate listings held by brokerage firms other than the site owner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Updated: 4th October, 2023 6:39 PM (UTC)