343 Telfair StAugusta, GA 30901

Property Details for 343 Telfair St

Year built

1901

Lot size

0.16 AC

Property size (Sq ft)

3,382 SF

Zone code

P-1

Property type

Specialty properties

APN

047-4-068-00-0

APU

474068000

Description

This charming, 3,421 square foot, two-story building located at 343 Telfair Street in Augusta, Georgia, presents a unique investment opportunity. Built in 1901, this historic property, situated on a 0.16-acre lot (APN 047-4-068-00-0), boasts exceptional architectural details including original millwork, trim, and stained-glass windows. Currently configured as a creative office space, it's zoned P-1 and offers a versatile layout adaptable to various office configurations. The property's prime location in Augusta's Old Towne district, near the central business district, adds significant value. While currently used as office space, the building's structure lends itself to potential conversion back to a single-family or multi-family residence. Hardwood floors are believed to be under existing carpet (verification required by the buyer). The asking price is $250,000, translating to $73.08 per square foot. This property offers a blend of historic charm and modern adaptability, making it an attractive investment in a vibrant urban setting.

• CAP approach

  CAP return

  Valuation

  6%

  $576,445

  6.5%

  $532,103

  7%

  $494,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $247,463

  Geo Method

  $278,440

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,140,130

  Retail / Commercial

  $566,536

  Mixed-Use / Specialty

  $550,241

  Hospitality / Lodging

  $385,108

  Office

  $532,103

  Institutional / Educational

  $566,926

  Residential Income

  $663,304

  Multifamily

  $874,671

  Automotive / Energy

  $485,937

  Parking / Income-Based Land

  $181,795

  Restaurant / Food Service

  $255,718

  Healthcare / Senior Housing

  $578,901

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.469

Longitude

-81.9569

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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