465 Railroad Ave - Apartments FOR SALE


North Augusta, SC 29841- Hammonds Ferry
$750,000 USD
706-736-1031
465 Railroad Ave, North Augusta, SC for Sale
$750,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

465 Railroad Ave
North Augusta, SC 29841
Hammonds Ferry


HIGHLIGHTS

  • 2,391 SF space
  • Located in Hammonds Ferry in North Augusta, SC
  • The roof has been replaced recently
  • Additions to the space have been made within the last 5 years
  • The kitchen equipment has been removed
  • Tables and chairs are available to a new owner/operator

OVERVIEW

Traffic drivers that boost daily activity and long-term footfall include: The Greeneway Trail, a major pedestrian and cyclist corridor attracting fitness enthusiasts and tourists year-round. Proximity to SRP Park, home to the Augusta GreenJackets (Atlanta Braves’ minor league affiliate), which draws large crowds on game days and for concerts and events. Easy access to downtown Augusta’s medical, university, and business districts, just 5–7 minutes across the river. Regular cross-river commuting traffic between North Augusta and Augusta via Georgia Avenue (US-25).The nearby Riverside Village development — which includes hotels, offices, residences, and retail — generates consistent activity, particularly during peak events and seasonal tourism. Hammond Ferry is a new urbanist community, blending residential, commercial, and recreational spaces in a walkable, design-focused layout. The homes and businesses in the area cater to middle- to upper-income residents, with real estate in the area reflecting strong demand for high-quality, amenity-rich living environments. The nearby North Augusta Municipal Center and public investment in riverfront development continue to spur growth and maintain property values. Additionally, public and private sector partnerships have helped develop infrastructure that supports tourism, recreation, and live-work-play lifestyles. Investors and restauranters have an opportunity to own a high quality restaurant space in the prestigious neighborhood of Hammond's Ferry. This building had a roof replaced in the last couple years and the restaurant added additional seating and bar area in the last 5 years. The kitchen equipment has been removed; however the table and chairs are available to a new owner/operator. Annual Rent: Gross $54,000 July 31, 2028 initial term exp. 3 year renewal option CPI annual increases LL Responsibilities: HVAC, taxes, insurance

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$49 USD /SF

# OF UNITS

1

PRICE/UNIT

$750,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,692 SF

ZONING

-

APN/PARCEL ID

007-13-17-014

ASK ABOUT THIS PROPERTY

Liam WelchJordan Trotter Commercial Real EstateMore Info
706-736-1031

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Liam WelchJordan Trotter Commercial Real EstateMore Info
706-736-1031

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