205 W. Forsyth Street - Freestanding FOR SALE


Americus, GA 31709
$269,000 USD
229-942-2299
205 W. Forsyth Street, Americus, GA for Sale
$269,000 USD
Freestanding - FOR SALE
1/31
null | Request Cap Rate

205 W. Forsyth Street
Americus, GA 31709


OVERVIEW

A rare opportunity to own one of Downtown Americus' most recognizable historic buildings. Known as the Thomas Block, this impressive two-story brick landmark, built circa 1890, offers approximately 11,200 square feet of income-producing and redevelopment potential in the heart of the city's Historic Downtown District. The street level features two fully leased retail storefronts generating $2,400 per month in rental income, providing immediate cash flow for investors. The expansive second floor, currently vacant, presents an exceptional redevelopment opportunity. With its original tall windows, high ceilings, and historic architectural details, the upper level is ideally suited for downtown loft apartments, executive offices, boutique hotel suites, event space, creative studios, or a mixed-use development. The building's striking Victorian commercial architecture with Italianate influences, highlighted by the decorative cornice, arched masonry details, and the original "THOMAS BLOCK" name across the facade, makes it one of the most distinctive buildings in Southwest Georgia. Located in the center of Historic Downtown Americus, the property is surrounded by restaurants, shopping, professional offices, entertainment, and tourism. Downtown continues to benefit from revitalization efforts, making this an outstanding long-term investment with significant upside potential. Property Features • Historic Thomas Block Building (circa 1890) • Approximately 11,200± square feet • Prime Downtown Americus location and one block from the Historic Windsor Hotel• Two leased retail storefronts • Entire second floor available for redevelopment. • Excellent loft apartment conversion potential, • Beautiful Victorian commercial architecture with Italianate influences. Outstanding value-add investment opportunity. Whether you're an investor seeking immediate income or a developer looking to create signature downtown lofts, the Thomas Block offers a once-in-a-generation opportunity to own a landmark property with unlimited potential.

FOR SALE DETAILS

PRICE

$269,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Thomas Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,363 SF

ZONING

-

APN/PARCEL ID

1-1-5

ASK ABOUT THIS PROPERTY

Mark PaceSouthern Land & Realty, LLCMore Info
229-942-2299

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Mark PaceSouthern Land & Realty, LLCMore Info
229-942-2299

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