125 Washington StAthens, GA 30601

  • Office properties
  • 30,482 SF
For Lease
$22.75/SF/YR View listing

Property Details for 125 Washington St

Year built
2011
Lot size
0.72 AC
Property size (Sq ft)
30,482 SF
Zone code
G
Property type
Office properties
Property subtype
Other office properties
APN
17-1-A5 A-001-G
APU
171A5A001G

Description

This exceptional Class A office space, totaling 4,613 square feet, is situated on the seventh floor of the prestigious West Washington Building in downtown Athens, Georgia. Located at 125 W Washington St, 30601, this penthouse suite offers breathtaking skyline views. The space boasts nine individual offices, a dedicated conference room, an open shared workspace, a social gathering area, and a break room with a bar. Building amenities include a rooftop courtyard with complimentary Wi-Fi and convenient on-site parking. The building itself is a seven-story, 28,023 square foot structure built in 2011, featuring elevators and situated in the heart of the Central Business District. Its prime location places it steps away from a vibrant mix of retail shops, restaurants, hotels, entertainment options, and the University of Georgia. The property sits on 0.72 acres of land and is zoned CD (its APN is 171A5 A001G). This is a single-suite building with multiple tenancy options. The suite is immediately available. This is a truly unique opportunity to secure a highly desirable and well-appointed office space in a thriving urban environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,349,444
    6.5%
    $4,937,949
    7%
    $4,585,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,518,538
    Geo Method
    $3,518,538
  • Alternative Use

    Use
    Valuation
    Residential
    $6,123,056
    Hospitality
    $5,608,687
    Educational
    $4,666,362
    Medical
    $4,826,845
    Retail
    $7,258,785
125 Washington St, Athens, Georgia

Location Insight

City
Athens
County
Clarke
State
Georgia
Latitude
33.9589
Longitude
-83.3775
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,943
$585,599
$1,676,209
$2,261,808
-
$1,463,998
$4,190,522
$5,654,520

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