586 Broad Street, Augusta, GA, 30901

586 Broad Street Augusta, GA 30901

586 Broad Street, Augusta, GA, 30901
586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901 586 Broad Street, Augusta, GA, 30901
FOR SALE
Property Type:
Street Retail
Amount:
$199,000
Last Verified:
Aug 09, 2024

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Highlights

  • New Development in this block
  • Located next to anchor restaurants
  • Historic tax credits site
  • Best priced building on Broad St.

Description

This prime retail/office location presents a compelling investment opportunity for investors or those seeking a live-work space in the thriving Downtown Augusta area. While the building is offered in as-is condition, there's potential to leverage historic tax credits to assist with renovation costs. Additionally, the property is subject to an architectural and preservation easement through Historic Augusta.

Located in Downtown Augusta's Lower Broad area, this property is poised for growth. Property is surrounded by numerous shops, restaurants, and entertainment venues.


Year Built: 1820
Building Size: 5428sq ft
Lot Size: 0.08 acres


Documents

586 Broad Street

Map of 586 Broad Street, 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.