305 Eighth Street - The Long Building
Mixed Use | 23,664 SF
Marketing description
The property has heart pine floors throughout, pitched and recently recoated roofs, masonry exterior, tongue-and-groove ceilings, a recently installed-but-not-connected fire sprinkler system, a freight elevator, and access to a 10' rear alley that provides access to rear of building. Half of the second floor and all of the second has been gutted. Amazing historic property.
Located in the epicenter of growth at Eighth St. between Broad and Greene Streets near the Augusta Commons. The Augusta Commons are one of Augusta's main locales for festivals and events such as Arts in the Heart, Westoubou Arts Festival, and the Hispanic Festival. The 800 block of Broad is located directly between major new developments including the $94 million dollar redevelopment of the Augusta Railroad Depot, and the $111 Million development of the Georgia Cyber Center. This property is located in an Opportunity Zone and eligible for special tax incentives.
Investment highlights
- 23,664 SF, Sprinkler system installed but not connected
- Centrally located right off of Broad St., near the Augusta Commons
- Interest in the 10’ Alley in the rear giving the property rear access
- Ideal use as retail and apartments, or as office building
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