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Building 1 600 Oglethorpe Ave

4,809 SF 50% Leased Office Building Athens, GA 30606 $1,079,000 ($224/SF)

Investment Highlights

  • In-town location
  • Multi-tenant or single-tenant use
  • Heavy daytime traffic

Executive Summary

The property is a free-standing, two-tenant medical office building. The build-out is currently set up for two separate dental offices, each with 6 exam rooms, 3 restrooms, a private office, lobby and reception area. Additionally, there are lab rooms, X-ray rooms, various storage rooms and a 25'x25' interior landscaped courtyard that can be viewed from patient exam rooms. Originally constructed in 1978, the medical office building is wood frame construction on crawl space. The building is divided into two tenant spaces with two HVAC units
serving each tenant space. There are a total of 40 paved parking spaces, ADA accessible ramps and exterior security lighting serving the site. Public utilities include water, power, sewer and natural gas. The property is located a quarter of a block from from The University of Georgia Health Sciences Campus and only 2.1 miles to Downtown Athens. Oglethorpe Avenue is a primary corridor between Hawthorne Avenue and Prince Avenue (Jefferson Road). Located with quick access to the Athens Perimeter Loop, the site is just 33 minutes from Interstate 85 and 1 hour and 50 minutes to Downtown Atlanta.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,809 SF
Building Class
B
Year Built/Renovated
1978/1989
Price
$1,079,000
Price Per SF
$224
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,809 SF
Building FAR
0.11
Lot Size
0.97 AC
Zoning
C-O - Commercial Office
Parking
40 Spaces (8.32 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Signage
  • Reception
  • Air Conditioning
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114C3-C-001-B
Land Assessment
$131,920
Improvements Assessment
$178,244
Total Assessment
$310,164
  • Listing ID: 29597237

  • Date on Market: 9/22/2023

  • Last Updated:

  • Address: 600 Oglethorpe Ave, Athens, GA 30606

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