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2045 W Broad Street

Athens, GA 30606
  • $795,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1017447
UPDATED: 92 min ago
$795,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Description

**Prime Commercial Property in Athens, GA: A Savvy Investment Opportunity** Are you ready to expand your business with a prime brick-and-mortar location? Or perhaps you're a savvy investor searching for the perfect commercial investment in the Classic City? Look no further! This gorgeous building, originally built in 1949, has been meticulously updated to meet modern standards in 2023. **Property Highlights:** **Flexible Rental Options:** The upstairs features over 2,000 square feet of flexible space with three separate entrances. This allows you to rent to three different businesses or utilize the entire space for a single tenant or your own business. The downstairs unit is currently leased at $1,200 per month to a carpentry business, providing immediate rental income. **High-Traffic Location:** Situated on W Broad St, Athens' premier commercial corridor, this location boasts daily traffic counts exceeding 33,000. It is one of the few roads that directly connects 316 to downtown Athens, ensuring high visibility and accessibility. **Proximity to Key Landmarks:** The property is located next to Saint Mary's Hospital and just a few blocks from Piedmont Hospital. Being less than a mile from downtown Athens, it holds great potential for commanding rental rates of as high as $27 per square foot. **Parking Solutions:** While the property includes three parking spaces, there is a parking lot behind the building available for rent, ensuring ample parking for tenants or customers. **Recent Upgrades (2023):** 1. New exterior paint 2. New roll-up awnings 3. Addition of a second restroom upstairs 4. Addition of an office area/breakroom upstairs 5. Installation of split unit HVAC upstairs 6. High-quality LVP flooring throughout 7. Upgraded and additional fans and light fixtures 8. Lighted exit signs compliant with fire and safety codes 9. New electrical outlets throughout 10. Updated plumbing for multiple sink fixtures 11. Installation of a triple pump system and waterproofing in the basement unit 12. New doors in the basement unit 13. Addition of an office in the basement unit This commercial property at 2045 W Broad St is a rare opportunity to own a piece of Athens' thriving commercial landscape. Whether you're an entrepreneur looking to establish a physical presence or an investor aiming for a high-yield property, this building offers unmatched potential. Trade area analyses can be found in the attached documents.

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Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-06-13T21:21:18.147.
www.signaturerealestateofathens.com/homes/151155432
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2045 W Broad Street Athens, GA 30606

  • Price: $795,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 92 min ago
  • MLS #: 1017447
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1949
Built
Neighborhood:
No Recorded Subdivision
County:
Clarke Co.
Area:
Athens
Property Description
**Prime Commercial Property in Athens, GA: A Savvy Investment Opportunity** Are you ready to expand your business with a prime brick-and-mortar location? Or perhaps you're a savvy investor searching for the perfect commercial investment in the Classic City? Look no further! This gorgeous building, originally built in 1949, has been meticulously updated to meet modern standards in 2023. **Property Highlights:** **Flexible Rental Options:** The upstairs features over 2,000 square feet of flexible space with three separate entrances. This allows you to rent to three different businesses or utilize the entire space for a single tenant or your own business. The downstairs unit is currently leased at $1,200 per month to a carpentry business, providing immediate rental income. **High-Traffic Location:** Situated on W Broad St, Athens' premier commercial corridor, this location boasts daily traffic counts exceeding 33,000. It is one of the few roads that directly connects 316 to downtown Athens, ensuring high visibility and accessibility. **Proximity to Key Landmarks:** The property is located next to Saint Mary's Hospital and just a few blocks from Piedmont Hospital. Being less than a mile from downtown Athens, it holds great potential for commanding rental rates of as high as $27 per square foot. **Parking Solutions:** While the property includes three parking spaces, there is a parking lot behind the building available for rent, ensuring ample parking for tenants or customers. **Recent Upgrades (2023):** 1. New exterior paint 2. New roll-up awnings 3. Addition of a second restroom upstairs 4. Addition of an office area/breakroom upstairs 5. Installation of split unit HVAC upstairs 6. High-quality LVP flooring throughout 7. Upgraded and additional fans and light fixtures 8. Lighted exit signs compliant with fire and safety codes 9. New electrical outlets throughout 10. Updated plumbing for multiple sink fixtures 11. Installation of a triple pump system and waterproofing in the basement unit 12. New doors in the basement unit 13. Addition of an office in the basement unit This commercial property at 2045 W Broad St is a rare opportunity to own a piece of Athens' thriving commercial landscape. Whether you're an entrepreneur looking to establish a physical presence or an investor aiming for a high-yield property, this building offers unmatched potential. Trade area analyses can be found in the attached documents.
Exterior Features

Building Features Reception Area Construction Materials Brick Exterior Features None Parking Features Other Parking Available See Remarks Parking Total 3

Interior Features

Basement YN Yes Cooling Electric Cooling YN Yes Foundation Details Basement Heating Central Heating YN Yes Interior Features Ceiling Fans Cable TV Storage Levels Two Main Level Bathrooms 0 Rooms Storage Room Bathroom Office

Property Features

Association YN No Community Features Public Transportation Sidewalks Lot Features None Other Equipment None Possession Closing Property Sub Type Retail Property Sub Type Additional Retail Sewer Public Sewer Tax Annual Amount 5007.22 Tax Year 2023 Utilities None Cable Available Water Source Public

[Athens Area Association of Realtors] logo Listing provided courtesy of eXp Realty, LLC: (888) 959-9461. © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®.


Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-06-13T21:21:18.147.
 
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Signature Real Estate of Athens
3149 Atlanta Highway, Suite 4A
Athens GA, 30606