2500 Broad StAthens, GA 30606
- Office properties
- 11,488 SF
Property Details for 2500 Broad St
- Year built
- 1973
- Lot size
- 3.67 AC
- Property size (Sq ft)
- 11,488 SF
- Zone code
- C-G
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 12-1- -010-A
- APU
- 121010A
Description
This exceptional commercial property, located at 2500 West Broad St., Athens, GA 30606, offers 34,464 square feet of versatile space across three, two-story buildings. Built in 1972 and extensively renovated in 2020, this Class B property boasts a prime location in the Beechwood Submarket, enjoying high traffic counts within the Athens loop. The property features 128 parking spaces and is zoned CG, allowing for a wide range of uses including medical offices, traditional offices, creative offices, executive suites, salons, beauty businesses, retail establishments, tattoo shops, and auto brokers. Most suites feature luxury vinyl plank (LVP) flooring, and all have been upgraded to energy-efficient LED lighting. The rental rate includes power and water, as well as janitorial services for common areas and restrooms. There are no CAM fees. This multi-tenant property presents a unique opportunity for investors and businesses seeking a well-maintained, conveniently located space with ample parking and flexible zoning. The property benefits from three-phase power.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,016,089
- 6.5%
- $1,861,005
- 7%
- $1,728,076
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,326,209
- Geo Method
- $1,326,209
-
Alternative Use
- Use
- Valuation
- Residential
- $2,307,646
- Hospitality
- $2,113,792
- Educational
- $1,758,650
- Medical
- $1,819,132
- Retail
- $2,735,678
Location Insight
- City
- Athens
- County
- Clarke
- State
- Georgia
- Latitude
- 33.946
- Longitude
- -83.4204
- CBSA code
- 12020
- CBSA name
- ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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