Now available is this mixed-use investment opportunity. 602 Third Street in Augusta, GA - where history meets opportunity! Nestled in the heart of downtown Augusta's vibrant Olde Town district, this mixed-use gem offers eight units of potential waiting to be unlocked.
Constructed in 1911 and recently updates, this charming property boasts a prime corner location at Walker Street and Third Street, directly across from the iconic Thankful Baptist Church. Whether you're drawn to its historic allure or its promising investment potential, this property has something for everyone. The property has 4 apartments upstairs., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It has been fully updated with a new master-suite that features a BRAND NEW BATHROOM with double closets. The house also now has a laundry room and is being sold furnished. Reach out for the rent roll! Trust me, your investors will like what they see on this new rent roll!
With three street-facing commercial spaces and separate entrances for the upstairs apartments, versatility is the name of the game. Picture yourself strolling past the beautiful brick exterior, imagining the possibilities for these unique spaces. Plus, with street parking readily available, convenience is always at your doorstep.
Inside, you'll find separately metered utilities and shared water, ensuring efficiency for both you and your tenants. The shared laundry room adds convenience, while the vacant residential units present a blank canvas for your vision.
Invest in more than just property - invest in a thriving community. Located in a growing area, the value-add potential here is undeniable. Whether you're a seasoned investor or a first-time buyer, 602 Third Street offers the perfect blend of history, opportunity, and potential income.
Please schedule showing and do not disturb tenants or businesses.
For sale
$850,000
602 3rd Street, Augusta, GA 30901
12beds
5,978sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$796,400 Zestimate®
$142/sqft
$-- HOA
What's special
Corner locationPrime corner locationStreet parkingStreet-facing commercial spacesBeautiful brick exteriorShared laundry roomBrand new bathroom
- 125 days |
- 564 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 10:52am
Listed by:
Danielle Meikrantz 706-284-8359,
Meybohm Commercial Properties
Source: Hive MLS,MLS#: 547793
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Multiple Systems
Cooling
- Multi Units
Interior area
- Total structure area: 5,978
- Total interior livable area: 5,978 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 7,405.2 Square Feet
Details
- Parcel number: 0474350010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Playground, Sidewalks, Street Lights
- Subdivision: Old Towne
Location
- Region: Augusta
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $727,305
- Annual tax amount: $9,698
- Date on market: 10/4/2025
- Cumulative days on market: 365 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
$796,400
$757,000 - $836,000
$854/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Listed for sale | $850,000-15%$142/sqft |
Source: | ||
| 5/19/2025 | Listing removed | $1,000,000$167/sqft |
Source: | ||
| 1/14/2025 | Listed for sale | $1,000,000+491.7%$167/sqft |
Source: | ||
| 5/17/2024 | Sold | $169,000-82.2%$28/sqft |
Source: Public Record Report a problem | ||
| 6/16/2023 | Listing removed | -- |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,698 +313.1% | $290,922 +729.7% |
| 2023 | $2,348 +4.7% | $35,064 +20% |
| 2022 | $2,243 -60.5% | $29,220 -71.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,959/mo
Principal & interest
$3995
Property taxes
$666
Home insurance
$298
Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10W.S. Hornsby Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10W.S. Hornsby K-8 SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Laney High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Hornsby
- Middle: Hornsby WS
- High: Lucy Laney
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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