4022 University AveColumbus, GA 31907

University Plaza, located at 4022 University Ave in Columbus, Georgia (Muscogee County, zip code 31907), presents a compelling value-add investment opportunity. This 9,217 square foot shopping center, built in 1974, sits on a 0.74-acre lot and is zoned NC. The property currently boasts 100% occupancy with twelve tenants under a modified lease structure. The asking price is $650,000, translating to $70.52 per square foot. The single-story building offers a multi-tenant configuration, ideal for investors seeking stable income generation. Its prime location in Midtown Columbus, directly across from Columbus State University and near Pearee Mall, ensures high visibility and foot traffic. The property's convenient location on a bus line further enhances its accessibility. The current occupancy is expected to continue until October 25, 2024. This established retail center presents a strong foundation for future growth and redevelopment, with long-term tenants already in place. The property's APN is 069023025 and is owned by RBO, Inc. This is a Class C property.