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128 S Washington St
Albany, GA 31701

$1,900,000 USD

Freestanding For Sale • 41,000 SF

Property Details

Property Type Freestanding
Total Building Size 41,000 SF
Lot Size 1.33 AC
Building Class B
Year Built 1961
Cap Rate 13.72 %
Tenancy Multiple
Zoning C-2

0 Transit Score

46 Walk Score

                
                    Highlights
                
                                Build to suit lease is also available
                            
                                One of the most beautiful buildings in South Georgia
                            
                                32,000 Traffic Count
                            
                                In historic Downtown near the Albany Civic Center, the Ray Charles Memorial, and the Flint RiverQuarium. 
                            
                                Over 72,767 people live within five miles and spend $594,782,849 annually with retail trade seeing an above US average market growth of 4.13%.
                            
                                Corner building in opportunity zone with potential tax incentives and less than ten minutes from the Southwest Georgia Regional Airport.

Financial Summary (Proforma)

Net Operating Income: $260,775 USD (2023)

Cap Rate:	13.72 %
Total Expenses:	$15,225 USD

Amenities

Bus Line
Corner Lot
Fireplace
Security System
Signage
Drive Thru
Wheelchair Accessible
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Southwest Georgia Regional	11 min	-	4.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	52
Type:	Surface
Included in Rent:	Yes

Lazaros Terzidis 917-200-8909 GRRealty.com

128 S Washington St Albany, GA 31701