246 Council StWaynesboro, GA 30830

Property Details for 246 Council St

Year built

1970

Construction

CONCRETE

Lot size

0.74 AC

Property size (Sq ft)

720 SF

Zone code

C-1

Property type

Office properties

APN

W10-031

APU

W10031

Description

This exceptional 2,349-square-foot commercial building is situated in historic downtown Waynesboro, Georgia, directly across from the post office. Completely remodeled three years ago, this mid-century modern structure boasts a versatile layout ideal for a variety of businesses. Previously housing the Bank of Waynesboro Drive-Inn Branch and C&H Construction, the building offers a unique blend of character and modern amenities. The expansive 928-square-foot lobby, accessed from the main Council Street entrance, features stunning 12-foot floor-to-ceiling windows offering views of Council and Sixth Streets (State Hwy. 56). The lobby also includes a kitchenette, three half-bathrooms (one handicap accessible), a 100-square-foot Mosler safe (not included in the total square footage), a storage closet with deep shelving, and a mechanical closet. The renovation included the installation of new AC and gas heat, LED lighting, and carpet tile in the lobby. Two original drive-in bays have been enclosed, adding approximately 1,106 square feet of usable space finished with pine tongue-and-groove flooring and pine paneling. These spaces feature new lighting, ample storage, and three efficient ductless HVAC units (two brand new in the west wing). Two office spaces offer private entrances on the east and west sides. Exterior features include three concrete drives, a sprinkler system, night lighting, and a drive-in night deposit that leads directly to the secured lobby safe. This property is priced at $365,000, or $127 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $108,283

  6.5%

  $99,953

  7%

  $92,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,683

  Geo Method

  $59,278

• Alternative Use

  Use

  Valuation

  Residential

  $123,942

  Hospitality

  $113,530

  Educational

  $94,456

  Medical

  $97,704

  Retail

  $146,931

Location Insight

City

Waynesboro

County

Burke

State

Georgia

Latitude

33.0919

Longitude

-82.0131

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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