Retail Space / Georgia / Albany / 31701 / 101 West Broad Avenue

101 West Broad Avenue

Q: What is the asking price for 101 West Broad Avenue in Albany?

The asking price for 101 West Broad Avenue is $2,600,000

Q: What is the building size of this Retail property in Albany, GA?

The size of the building/unit at 101 West Broad Avenue in Albany is 75,891 square feet.

Q: How much land does the Albany, GA property at 101 West Broad Avenue include?

101 West Broad Avenue in Albany includes 2.360 acres of land.

Q: What kind of Retail is the propery at 101 West Broad Avenue?

The property at 101 West Broad Avenue Albany, GA 31701 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 101 West Broad Avenue?

The population within 1 mile of 101 West Broad Avenue Albany, GA 31701 is 4,287 people.

Q: Who do I contact for questions about 101 West Broad Avenue?

You should contact the listing agent, Lindsay Brereton, for any details regarding this commercial listing.

Albany, GA 31701

Listing ID: 203939

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Building Size: 75,891 SF

Lot Size: 2.360 AC

Land Size: 102,801 SF

Building $/SF: $34.26

Land $/SF: $25.29

Price

$2,600,000

Description

Unique river-front assemblage redevelopment opportunity of 12 historic retail properties situated on ± 2.36 acres. The assemblage is located in the heart of The RiverFront District in Downtown Albany, in the center of the city’s progressive redevelopment track with a wide range of new and future developments revitalizing the area.
The assemblage includes The Davis-Exchange Bank Building, located on 100-102 N. Washington Street and is listed on the National Register of Historic Places (#84000981). This 1920 historic building was designed by the award-winning J. Edwin R. Carpenter, who is known for his apartment buildings gracing New York City’s Fifth and Park Avenues. The Davis-Exchange Bank Building stands 85’ above the city and consist of six stories, making it the tallest building in Albany, Georgia.
This assemblage is an excellent renovation/redevelopment opportunity ideal for class “A” offices, multifamily developments, retail shops and restaurants. It is close to Albany State University, the Flint RiverQuarium, government offices and businesses. Developments adjacent to the assemblage include a $10 million renovation of the future Albany Museum of Art, scheduled to open 2021.
The assemblage currently has three tenants and is located in a Qualified Opportunity Zone.

Attachments & Files

offeringmemorandum-37-a3T-EBw.pdf

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Listing Demographics for 101 West Broad Avenue Albany, GA 31701

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		4,287	38,796	72,145
Population Median Age		36	36	36
Population by Age	0-9 Yrs	492 (11%)	5616 (14%)	10054 (13%)
	10-19 Yrs	670 (15%)	5906 (15%)	10661 (14%)
	20-29 Yrs	928 (21%)	6668 (17%)	11738 (16%)
	30-39 Yrs	433 (10%)	4544 (11%)	9072 (12%)
	40-49 Yrs	526 (12%)	4284 (11%)	8128 (11%)
	50-59 Yrs	449 (10%)	4390 (11%)	8013 (11%)
	60-69 Yrs	428 (9%)	4161 (10%)	7880 (10%)
	70+ Yrs	362 (8%)	3227 (8%)	6599 (9%)

Median HH Income		$22,660	$26,309	$35,168
Total Household Income	< 24K	770 (53%)	6695 (48%)	10204 (37%)
	25-49K	389 (27%)	3679 (26%)	7884 (28%)
	50-74K	158 (11%)	1923 (13%)	4316 (15%)
	75-99K	37 (2%)	634 (4%)	1980 (7%)
	100-199K	75 (5%)	785 (5%)	2472 (9%)
	200K+	1 (0%)	149 (1%)	493 (1%)

Highest Education Level	No Diploma	692	5417	8074
	Diploma or GED	1038	8491	14528
	Some College	403	5415	10833
	Assoc. Degree	178	1610	3714
	Bachelors Degree	148	1777	4664
	Higher Degree	95	1017	3436

Total Housing Units		2,055	17,847	33,267
--Owner-Occupied		417	4,694	11,258
--Renter-Occupied		1,013	9,171	16,091
Owner-Occupied Values	< 100K	389	3494	6165
	100-199K	27	860	3861
	200-299K	1	243	838
	300-399K	0	64	221
	400-499K	0	14	60
	500K+	0	19	113

Total Working Age Population		3,547	29,913	56,008
In Work Force		1,672	15,982	32,577
Not In Work Force		1,875	13,931	23,431
Workforce Employed		1,180	13,197	27,968
Workforce Unemployed		492	2,755	4,489
Civlian Workforce		1,672	15,952	32,457
Military Workforce		0	31	120

Total Households		1,430	13,865	27,349
Family Households		774	8,254	16,229
Non-Family Households		656	5,611	11,120
Married Couple		312	3,164	7,677
Other Family		462	5,090	8,552
Married w/Child		51	809	2,391
Single Male w/Child		52	465	734
Single Female w/Child		254	2,576	4,491

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Georgia	8,186,453	+18	9,687,653	+12	10,833,472	+13	12,292,423
Dougherty County	96,065	-2	94,565	-5	89,905	-4	86,199
Lee County	24,757	+14	28,298	+6	29,971	+4	31,139

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 101 West Broad Avenue in Albany?

The asking price for 101 West Broad Avenue is $2,600,000

What is the building size of this Retail property in Albany, GA?

The size of the building/unit at 101 West Broad Avenue in Albany is 75,891 square feet

How much land does the Albany, GA property at 101 West Broad Avenue include?

101 West Broad Avenue in Albany includes 2.360 acres of land

What kind of Retail is the propery at 101 West Broad Avenue?

The property at 101 West Broad Avenue Albany, GA 31701 is listed as a Shopping Center Retail property

What is the population within 1 mile of 101 West Broad Avenue in Albany?

The population within 1 mile of 101 West Broad Avenue Albany, GA 31701 is 4,287 people.

Who do I contact for questions about 101 West Broad Avenue?

You should contact the listing agent, Lindsay Brereton, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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1307 North Slappey Boulevard, Albany, GA	$679,000	1390	1.01
106 East Franklin Street, Sylvester, GA	CALL	14550	1.5
300 North Jackson Street, Americus, GA	$285,000	8400	0.64
101 North Webster Street, Cuthbert, GA	$650,000	16625	2.24
397 U.S. 84, Cairo, GA	$298,000	1440	1.32
415 U.S. 84, Cairo, GA	$625,000	4000	1
126 East Broad Avenue, Whigham, GA	$225,000	2396	0.86
14669 US-19, Thomasville, GA	CALL	5700	-

Closest Commercial Airports

Airport	Distance (mi)
Tallahassee Regional Airport (TLH)	82
Montgomery Regional (Dannelly Field) Airport (MGM)	141
Hartsfield Jackson Atlanta International Airport (ATL)	143