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Downtown Investment Portfolio 1028-1036 Broad St

50,199 SF Retail Building Augusta, GA 30901 For Sale

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Executive Summary

BIDS DUE JANUARY 31, 2025. Package consists of multiple income producing investment properties all located in Downtown Augusta. Buildings include retail store fronts with high end loft apartments above. This offering presents a unique opportunity to own a substantial part of the downtown landscape. The mixed-use nature of the investment package limits risk from all properties being a single property type. Downtown has seen significant increases in both residential and commercial rental rates over the last 5 years.
All properties are located on or around Broad Street in downtown Augusta. These buildings are located in the highly sought after upper broad part of downtown. Downtown has close proximity to the medical corridor, universities, North Augusta and all major thoroughfares.

Downtown Investment Portfolio

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

50,199 SF

Building Class

Year Built

1901

NOI

$342,248

Tenancy

Single

Building Height

3 Stories

Opportunity Zone

Yes

Zoning

B-2

Space Availability

1032/1034
3,700 SF
Restaurant
In-Line
Now

1/7

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 1 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 2 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 3 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 4 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 5 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 6 of 7 — Building Photo

1028-1036 Broad St, Augusta, GA for sale Building Photo- Image 7 of 7 — Building Photo

One of few restaurant spaces available in downtown Augusta. Space consists of 3,700 square feet combining both suite 1032 and 1034 Broad St. plus a 500 square foot walk-in cooler. The space is vacant now and the landlord is in the process of doing floor repairs in both the kitchen and bar area, cleaning and painting of the interior and will refinish the hardwood floors. along with new lighting and fans. Located on Broad Street, property has excellent frontage and exterior access from the rear.