15 7th St - Restaurant FOR SALE


Augusta, GA 30901- Downtown Augusta
$1,106,872 USD
706-214-2927
15 7th St, Augusta, GA for Sale
$1,106,872 USD
Restaurant - FOR SALE
1/51
null | Request Cap Rate

NEW


15 7th St
Augusta, GA 30901
Downtown Augusta


HIGHLIGHTS

  • Multipurpose Building | Bakery, Restaurant, Event Space
  • Seating Capacity | Dining: 72 & 108 | Events: 130
  • Building Size | 13,300 Square Feet
  • Commercial Kitchen | Designated Kitchen Infrastructure
  • Location | Riverwalk Promenade
  • Parking Availability | 24 Spaces

OVERVIEW

Property Description: The Finem Group at Meybohm Commercial is pleased to exclusively present this ±13,300 SF restaurant and event facility located on Seventh Street in Downtown Augusta. Positioned adjacent to River Place at Port Royal, mixed use building sits on ±0.44 acres and includes 24 on-site parking spaces with alley access to Seventh Street. Constructed in 1965 and renovated in 2004, the building retains its original, historic structure and function. Improvements made during the 2004 renovation include new HVAC, roofing, plumbing, floors, wall finishes, and kitchen systems. The facility formerly housed Mally’s Bagels and Grits and originally operated as the Town Tavern, an upscale event venue and restaurant. The first floor includes a deli area, two separate dining rooms (seating 72 and 108), a full commercial kitchen, two walk-in coolers, kitchen management office, delivery access, and multiple restrooms. The second floor features three meeting spaces, including the “Saint Andrews Room” with seating for 100 and the “Boardroom Lounge” with a wood-paneled bar and seating for 30–40. Additional features include two business offices, an upstairs prep kitchen with dumbwaiter access, and multiple storage areas. This vacant building presents an excellent opportunity for restaurants, event operators, or hospitality users in Augusta’s downtown. Location Description: Located in the heart of Downtown Augusta on Seventh Street, the property is adjacent to River Place at Port Royal and Discovery Plaza, home to the Unisys Operations Center. It’s walkable to the Riverwalk, Augusta Commons, and the Convention Center, as well as the new pedestrian bridge connecting to North Augusta’s Greeneway. Just one block from Broad Street, the site benefits from a $40 million revitalization project aimed at improving infrastructure, widening sidewalks, and enhancing pedestrian access—driving increased foot traffic and business activity in the area. Surrounded by restaurants, venues, offices, and hotels, this high-visibility location offers strong potential for hospitality and event users seeking a prime downtown presence.

FOR SALE DETAILS

PRICE

$1,106,872 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Augusta Restaurant & Events Venue

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

B-2

APN/PARCEL ID

0373021000

ASK ABOUT THIS PROPERTY

Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

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Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.