Historic Downtown Building Sold, Upscale Street Retail Planned

Staff Report From Augusta CEO

Thursday, November 17th, 2016

Sherman and Hemstreet is pleased to announce the sale of the historic office building located at 1051 Broad Street in Downtown Augusta for $780,000.

This 30,000 SF, three story building was constructed in 1957, and includes a steel and concrete structure with a clean, midcentury modern design. The space is beautifully refurbished, including a showroom, offices and loading docks.
 
This property is located in Downtown Augusta, on the corner of Broad Street and Eleventh Street. Within walking distance from a growing dining, entertainment, and shopping scene, this sale highlights the interest in Downtown and the continued investment being made.

Sherman and Hemstreet’s Jonathan Aceves represented the seller in this transaction.