416 12th ST, Columbus, GA 31901
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416 12th ST, Columbus, GA 31901
416 12th ST, Columbus, GA 31901
416 12th ST, Columbus, GA 31901
416 12th ST, Columbus, GA 31901
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$ 345,000
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416 12th ST Columbus, GA 31901

12,592 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Office

Listing Status Active

Purchase Type For Sale

Square Footage 12,592 sqft

Price per Sqft $27

Subdivision No Subdivision

MLS Listing ID 10689712

HOA Y/N No

Year Built 1955

Annual Tax Amount $6,575

Tax Year 24

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions 19602

Property Sub-Type Commercial,Office

Source Georgia MLS 2

Property Description

Value-Add Opportunity in Columbus' Uptown District. Commercial property at 416 12th Street presents a compelling acquisition for experienced developers and investors seeking repositioning opportunities in downtown Columbus. This asset may require significant rehabilitation but offers strong fundamentals with prime downtown location and significant upside potential. Ideal candidate: seasoned investor/developer with renovation expertise ready to execute a complete value-add strategy. Property may require comprehensive structural restoration and capital improvements. Analyze the basis, evaluate the ARV, and execute your vision in an established downtown core with proven fundamentals. Offered at $345,000 - attractive entry point for the right buyer with development experience. Sold strictly AS-IS, WHERE-IS with no representations or warranties. Strong bones, strategic location, significant value creation potential. Perfect for your next repositioning project. **MAJOR INSTITUTIONAL ANCHORS** Columbus Chamber of Commerce, St. Luke School, Synovus Financial Corp. Headquarters (Riverfront Center) , Mercer University School of Medicine, & Columbus State University - Downtown campus presence. **ACTIVE DEVELOPMENT CORRIDOR** W.C. Bradley's Riverfront Place, Eagle & Phenix Mills, Banks Food Hall, 15-Mile Chattahoochee RiverWalk.**ECONOMIC DEVELOPMENT INFRASTRUCTURE** Whitewater Express - Urban whitewater park (longest in US), Uptown Columbus District, 600+ businesses, 11,000+ employees, Heritage Tower, Columbus Civic Center - 10,000-capacity arena. **TRANSPORTATION ACCESS** I-185 Direct Access (Regional connectivity), Columbus Airport (CSG), 90 minutes to ATL, Norfolk Southern/CSX Rail (Dual rail service). **MARKET DRIVERS**: Major military installation - Fort Benning (Fort Moore), Mill District Redevelopment, 2nd Avenue Corridor (Gateway to downtown business) district

Location

State GA

County Muscogee

Zoning UTC

Rooms

Bedroom Description No

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Garage Spaces 35.0

Fence Chain Link, Partial

Utilities Available None

View Y/N No

Total Parking Spaces 35

Garage No

Private Pool No

Building

Lot Description Corner Lot, Near Public Transit, Semi Turning Available

Faces From I-185: Take Exit 1 (Victory Drive/US-27/US-280) Head west toward downtown Turn right onto 5th Avenue Property is located at the corner of 5th Avenue and 12th Street Parking: On-site parking lot available, plus curbside street parking

Sewer None

Water None

Structure Type Concrete,Frame,Glass

New Construction No

Others

Tax ID 018 014 009

Acceptable Financing Cash, Small Business Loan

Listing Terms Cash, Small Business Loan

Special Listing Condition Fixer


Georgia MLS - GAMLS
Dana Johnson

Dana Johnson

CEO | License ID: BK3170059

+1(904) 534-7690

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416 12th ST