Downtown Development Site
303 Hale Street
Augusta, GA 30901
https://thebrokerlist.com/have/downtown-development-site-91170
FOR SALE
Last Verified:
Dec 14, 2020
Description
This 3.32 acre site is available for $697,200 or $210,000 per acre. This is a prime location for multifamily development with easy access to Downtown Augusta and highways to North Augusta, South Carolina, and South Richmond County. Site could be retrofitted with a new roof and used as distribution warehouse also but the area has a need for high density multifamily/residential..
Located in Downtown Augusta. This site has close access to I-520 and Highway 78 to and from South Carolina and South Augusta. highly residential area on one side and commercial on the other. Fair grounds across the street and in close proximity to the new Sheriffs office.
Year Built: 1951
Building Size: 117664sq ft
Lot Size: 3.32 acres
Map of 303 Hale Street, Augusta, GA, 30901
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
