507 Third Avenue, Albany, GA 31701
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507 Third Avenue, Albany, GA 31701
507 Third Avenue, Albany, GA 31701
507 Third Avenue, Albany, GA 31701
507 Third Avenue, Albany, GA 31701
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$ 1,195,000
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507 Third Avenue Albany, GA 31701

15,490 SqFt


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Key Details

Property Type Commercial

Sub Type Improved Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,490 sqft

Price per Sqft $77

MLS Listing ID 170181

HOA Y/N Yes

Year Built 1973

Annual Tax Amount $12,183

Tax Year 2025

Lot Size 1.320 Acres

Property Sub-Type Improved Commercial

Property Description

Exceptional Investment Opportunity Near Phoebe Putney Memorial Hospital! Ideally located at 507 & 519 W. 3rd Avenue in Albany, Georgia, this income-producing commercial property offers an impressive 15,490 square feet of building space situated on approximately 1.32 acres in a premier location within walking distance of Phoebe Putney Memorial Hospital. The office center is currently configured into 10 individual suites, providing excellent flexibility for multiple tenants and a diversified income stream. With established tenants already in place and additional opportunity to increase revenue, this property offers both current income and future upside. The all-brick building features ample parking and versatile spaces well suited for a variety of professional and medical uses. Current occupants include medical groups, professional office users, and ambulatory services, creating a strong tenant mix with excellent synergy to the surrounding medical community. Located near the region's largest medical system and convenient to continued residential growth and development, this property offers tremendous flexibility for an investor or future owner-occupant. With 15,490 SF, 10 suites, and 1.32 acres, opportunities to acquire an income-producing property of this size in such a desirable location are limited. Call today for additional information and your opportunity to own one of the larger commercial footprints in this growing area of Albany!

Location

State GA

County Dougherty

Area Dougherty

Zoning Commercial

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Community Features Other

Utilities Available Other

Waterfront Description Other

View Y/N No

Water Access Desc Albany Utilities

View Other

Roof Type Other

Garage No

Building

Lot Description Other

Story 1

Sewer Albany Utilities

Water Albany Utilities

Level or Stories 1

Stories 1

Floor Plan 1

Others

Acceptable Financing Sale Price, Other

Listing Terms Sale Price, Other


Listed by HUGHEY & NEUMAN, INC.
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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507 Third Avenue