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Income Producing Investment Property in Athens GA

2362 W. Broad St. , Athens, GA, 30606
For Sale

Property Details

  • Price: $575,000
  • Property Type: Retail, Office
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 3,391 SF
  • Lot Size: 0.29 AC
  • Year Built: 2006
  • No. Stories: 1
  • Parking: On Site
  • Tenancy: Multi Tenant
  • Zoning Description: C-G
  • Units: 2

Property Description

2362 W. Broad St. offers multiple options for an investors seeking income generating property, owner-user location, or pursuing a longer-term redevelopment play along one of Athens’ primary commercial corridors.

2362 W. Broad St. offers a compelling opportunity along the highly trafficked West Broad St./U.S. Route 78 Business corridor in Athens. The 0.29-acre commercial outparcel is improved with two commercial buildings, with leases in place and future upside potential. Positioned adjacent to one of Georgia’s oldest Arby’s locations, the site benefits from strong visibility and signalized access at the intersection of W. Broad St. and Camellia Drive. Multiple ingress and egress points—including shared access with Arby’s and Beech Haven Baptist Church, along with a direct entrance from Camellia Drive—support excellent circulation and functionality. The property includes 14 on-site parking spaces and is screened by privacy fencing on three sides.

Building A (left side when facing the property) was built in 1960 and measures approximately 31′ x 61′. It features 12′ ceilings, a rectangular brick design, asphalt shingle roof, front and side entry doors, and one roll-up door. Current lease expires 4/30/2026.

Building B (right side) was built in 1982 and totals approximately 1,500 SF with 8′ ceilings. It includes front and side entries and a small side patio. The building received exterior painting and a new roof in 2020. Currently on month-to-month basis.

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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