448 Telfair St Augusta, GA 30901

This stunning, fully leased, 3,800 square foot executive office building presents a rare investment opportunity in the heart of Augusta, Georgia. Located at 448 Telfair Street, near the intersection of 5th and Telfair, this Class B property boasts a strong 6.42% cap rate and a substantial net operating income (NOI) of $28,883. The building, constructed in 1891, features two stories, each approximately 1,900 square feet. The ground floor offers a welcoming reception area, three private offices, a convenient kitchen, a bathroom, and a storage closet. The upper level provides six additional offices and two bathrooms. This single-tenant, net lease property is currently 100% occupied, offering immediate cash flow and a stable investment. The 0.15-acre lot provides ample space. The asking price is $450,000, translating to $118.42 per square foot. This is an exceptional opportunity to acquire a historically significant, high-performing commercial property in a thriving downtown Augusta location. The property's strong tenancy and central location make it an ideal investment for discerning buyers seeking a stable, income-generating asset.