416 12th, Columbus, Georgia

Description

Value-Add Opportunity in Columbus' Uptown District. Commercial property at 416 12th Street presents a compelling acquisition for experienced developers and investors seeking repositioning opportunities in downtown Columbus. This asset may require significant rehabilitation but offers strong fundamentals with prime downtown location and significant upside potential. Ideal candidate: seasoned investor/developer with renovation expertise ready to execute a complete value-add strategy. Property may require comprehensive structural restoration and capital improvements. Analyze the basis, evaluate the ARV, and execute your vision in an established downtown core with proven fundamentals. Offered at $345,000 - attractive entry point for the right buyer with development experience. Sold strictly AS-IS, WHERE-IS with no representations or warranties. Strong bones, strategic location, significant value creation potential. Perfect for your next repositioning project. **MAJOR INSTITUTIONAL ANCHORS** Columbus Chamber of Commerce, St. Luke School, Synovus Financial Corp. Headquarters (Riverfront Center) , Mercer University School of Medicine, & Columbus State University - Downtown campus presence. **ACTIVE DEVELOPMENT CORRIDOR** W.C. Bradley's Riverfront Place, Eagle & Phenix Mills, Banks Food Hall, 15-Mile Chattahoochee RiverWalk.**ECONOMIC DEVELOPMENT INFRASTRUCTURE** Whitewater Express - Urban whitewater park (longest in US), Uptown Columbus District, 600+ businesses, 11,000+ employees, Heritage Tower, Columbus Civic Center - 10,000-capacity arena. **TRANSPORTATION ACCESS** I-185 Direct Access (Regional connectivity), Columbus Airport (CSG), 90 minutes to ATL, Norfolk Southern/CSX Rail (Dual rail service). **MARKET DRIVERS**: Major military installation - Fort Benning (Fort Moore), Mill District Redevelopment, 2nd Avenue Corridor (Gateway to downtown business) district

Directions: From I-185: Take Exit 1 (Victory Drive/US-27/US-280) Head west toward downtown Turn right onto 5th Avenue Property is located at the corner of 5th Avenue and 12th Street Parking: On-site parking lot available, plus curbside street parking