Ellis Street Downtown Augusta Development Site

1232 Ellis St Augusta, GA 30901

1232 Ellis St, Augusta, GA, 30901
1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901 1232 Ellis St, Augusta, GA, 30901
FOR SALE
Property Type:
Other Land
Amount:
$285,180
Last Verified:
Feb 12, 2024

Highlights

  • List Price: $285,180
  • 0.28 Acre
  • B2 Zoning

Description

Nestled between busy Greene and Broad Streets in downtown Augusta, this property is primed for commercial development. This 0.28-acre site is a short walk from the Sacred Heart Cultural Center, Hyatt House Hotel, and dozens of downtown restaurants and shops. The property is zoned B2 Commercial and would be appropriate for most commercial development.

Located in Downtown Augusta behind the Hyatt House Hotel. The property is located moments from Downtown dining and entertainment, and a few blocks from Augusta's medical district and new Class A multifamily developments. This property is located in an Opportunity Zone and eligible for special tax incentives.

Lot Size: 0.28 acres


Documents

Sales Brochure 1232 Ellis St

Map of 1232 Ellis St, Augusta, GA, 30901

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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.