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100 Prince Ave - One Hundred Prince Commercial 24,350 SF Retail Condo Unit Offered at $8,307,180 CAD in Athens, GA 30601



Investment Highlights
- Six established commercial tenants offering rental diversification.
- Prime location near downtown Athens and the University of Georgia campus.
- Positioned along Prince Avenue, a key arterial with significant daily traffic.
- Modern construction with attractive curb appeal and functional layouts.
- Strong retail synergy supported by nearby dining, entertainment, and residential density.
- Located approximately 1.3 miles from Sanford Stadium and major downtown attractions.
Executive Summary
The condo is located at 100 Prince Avenue in Athens, Georgia, within close proximity to the city’s downtown business district and the University of Georgia campus. It sits along a primary connector roadway with nearby residential neighborhoods and commercial developments. Surrounding sites include food service establishments, retail stores, and mixed-use developments. The region provides access via major thoroughfares including Broad Street and Milledge Avenue and is approximately 1.3 miles from Sanford Stadium. The zoning for the property is C-D, and the surrounding area reflects a concentration of retail and hospitality services.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.54% |
| Sale Type | Investment |
| Cap Rate | 5.54% |
Positioned on Prince Avenue, a high-visibility corridor with strong connectivity to downtown Athens, the property lies within walking distance of the University of Georgia campus. Surrounding amenities include national retailers, local dining staples, and hospitality brands, all of which contribute to robust pedestrian traffic and high consumer demand. Tenancy is composed of well-known regional culinary and service brands, further reinforcing stability and market appeal. Combined with a favorable C-D zoning designation, this property offers an exceptional balance of income security and growth potential in one of Georgia’s most vibrant urban centers. Positioned along Prince Avenue, a highly visible and well-traveled corridor, the asset benefits from strong connectivity to downtown Athens and major attractions, including Sanford Stadium only 1.3 miles away. The surrounding market includes numerous national and regional retailers, popular dining destinations, and high-density residential developments, delivering consistent foot traffic and consumer demand. With a current cap rate of 5.54% and NOI of $332,548, 100 Prince combines strong in-place income with long-term upside potential, making it a compelling acquisition for investors seeking stability and growth in one of Georgia’s most dynamic university cities.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101-103 & 205-207 | 24,350 SF | Retail | $8,307,180 CAD ($341.16 CAD/SF) | $460,217.75 CAD |
Unit 101-103 & 205-207
| Unit Size |
| 24,350 SF |
| Condo Use |
| Retail |
| Price |
| $8,307,180 CAD ($341.16 CAD/SF) |
| NOI |
| $460,217.75 CAD |
Unit 101-103 & 205-207
| Unit Size | 24,350 SF |
| Condo Use | Retail |
| Price | $8,307,180 CAD ($341.16 CAD/SF) |
| NOI | $460,217.75 CAD |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| Description | |
| The condo is located at 100 Prince Avenue in Athens, Georgia, within close proximity to the city’s downtown business district and the University of Georgia campus. It sits along a primary connector roadway with nearby residential neighborhoods and commercial developments. Surrounding sites include food service establishments, retail stores, and mixed-use developments. The region provides access via major thoroughfares including Broad Street and Milledge Avenue and is approximately 1.3 miles from Sanford Stadium. The zoning for the property is C-D, and the surrounding area reflects a concentration of retail and hospitality services.</li></ul> | |
| Sale Notes | |
| 100 Prince offers a unique opportunity to acquire a modern mixed-use retail condominium property located in the heart of Athens, Georgia. This 24,350 SF asset features six dedicated commercial spaces, fully occupied by established tenants, delivering a diversified and steady revenue stream. Built in 2020, the property exemplifies contemporary design and quality construction, minimizing near-term capital needs for new ownership.<br> Positioned on Prince Avenue, a high-visibility corridor with strong connectivity to downtown Athens, the property lies within walking distance of the University of Georgia campus. Surrounding amenities include national retailers, local dining staples, and hospitality brands, all of which contribute to robust pedestrian traffic and high consumer demand. Tenancy is composed of well-known regional culinary and service brands, further reinforcing stability and market appeal. Combined with a favorable C-D zoning designation, this property offers an exceptional balance of income security and growth potential in one of Georgia’s most vibrant urban centers. Positioned along Prince Avenue, a highly visible and well-traveled corridor, the asset benefits from strong connectivity to downtown Athens and major attractions, including Sanford Stadium only 1.3 miles away. The surrounding market includes numerous national and regional retailers, popular dining destinations, and high-density residential developments, delivering consistent foot traffic and consumer demand. With a current cap rate of 5.54% and NOI of $332,548, 100 Prince combines strong in-place income with long-term upside potential, making it a compelling acquisition for investors seeking stability and growth in one of Georgia’s most dynamic university cities.</li></ul> |
Property Facts
| Total Building Size | 216,529 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 12,175 SF |
| Property Subtype | Year Built | 2020 | |
| Building Class | B | ||
| Zoning | C-D - Commercial Development districts | ||
| Total Building Size | 216,529 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 12,175 SF |
| Year Built | 2020 |
| Zoning | C-D - Commercial Development districts |
Amenities
Site Amenities
- 24 Hour Access
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 69 | - | 670 - 791 |
| 2+2 | 41 | - | 1,109 - 1,490 |
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100 Prince Ave - One Hundred Prince Commercial
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