Downtown Commercial Building Listed for Sale
Presley Realty is proud to exclusively present this 11,136 SF building in Historic Downtown Augusta. Known as the Pyramid Music building, this represents an amazing redevelopment opportunity. Consisting of three stories, with a mezzanine in the rear of the first floor, and ideal offices on the second and third, this would be ideal for retail or office redevelopment. The ground floor is currently used as record store, and the top two floors are not occupied. The building is located in a historic district and a renovation of this building could likely qualify for state and federal historic tax credits.
Located in the epicenter of growth at 822 Broad Street across from the Augusta Commons – one of Augusta’s main locales for festivals and events such as Arts in the Heart, Westobou Art Festival, and the Hispanic Festival The 800 block of Broad Street 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 potentially eligible for special tax incentives.