506 Main StThomson, GA 30824

Property Details for 506 Main St

Year built

1926

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

1,748 SF

Zone code

B1

Property type

Office properties

Property subtype

Other office properties

APN

0T130 00000 003 000

APU

0T13000000003000

Description

This exceptional 2,213-square-foot office building, located at 506 Main Street in Thomson, Georgia, presents a unique investment opportunity. Originally constructed in 1926 and extensively renovated in 2023, this property seamlessly blends historic charm with modern functionality. The building boasts 10 parking spaces and is situated on a 0.37-acre lot, offering ample space for clients and staff. The interior features original hardwood floors, 10-foot ceilings, and large windows throughout, creating a bright and inviting atmosphere. The layout includes four large offices, a break room, two restrooms, and a storage area on the ground floor, while the second floor offers two additional large offices, a restroom, and a newly installed HVAC system. Zoned B, this property is conveniently located less than half a mile from downtown Thomson and 2.5 miles from I-20 Exit 172, providing easy access to major transportation routes. The property's dual zoning as both traditional and medical office space allows for a wide range of potential uses. The building's features, prime location, and recent renovations make it an ideal choice for businesses seeking a unique and functional workspace in a thriving community. The McDuffie County location, with APN 0T130003, offers a blend of historical character and modern convenience. The property is served by 220-volt power. This is a single-tenant building with no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $388,848

  6.5%

  $358,937

  7%

  $333,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $143,913

  Geo Method

  $143,913

• Alternative Use

  Use

  Valuation

  Residential

  $445,082

  Hospitality

  $407,693

  Educational

  $339,195

  Medical

  $350,861

  Retail

  $527,637

Location Insight

City

Thomson

County

Mcduffie

State

Georgia

Latitude

33.4721

Longitude

-82.505

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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