Downtown Augusta Retail Building 1212 Broad St

Investment Highlights

Central Location Fence off street parking in the rear Historic building that could qualify for tax credits

Executive Summary

This historic building is located on the 1200 block of Broad Street. The building is at the epicenter of multiple new developments coming to that block to include over 50+ new lofts, a planned hotel development, new retail/restaurant spaces, and future road improvements to Broad Street.

• Sale Type    Investment
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Office Industrial Live Work Unit Storefront Retail/Residential
• Building Size    9,900
• Building Class    B
• Year Built    1912
• Price    849,000
• Price Per SF    86
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    1.03
• Land Acres    0.22 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Banking
• Bus Line
• Fenced Lot
• Fireplace
• Security System
• Storage Space
• Air Conditioning