Downtown Investment Portfolio

1036 Broad Street Augusta, GA 30901

1036 Broad Street, Augusta, GA, 30901
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FOR SALE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Dec 17, 2024

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Description

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.

Building Size: 50199sq ft
Lot Size: 0 acres


Documents

Downtown Investment Portfolio

Map of 1036 Broad Street, Augusta, GA, 30901

Presented by:
Sherman & Hemstreet Real Estate Co.

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Matt Aitken


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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.