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Investment Highlights

  • Two units (1002 & 1004 Walton Way) totaling ~18,900 SF offered under one roof
  • Unit 1004 vacant—ideal for owner-user or lease-up
  • Prime Downtown Location - Adjacent to the medical district with access to Gordon Highway
  • Immediate In-Place Income; Unit 1002 fully leased at $5,990/month
  • Flexible Use Configuration
  • Updated HVAC, new electrical panel, new water heater

Executive Summary

This commercial property at 1002 Walton Way offers an excellent acquisition opportunity in Augusta’s Laney Walker neighborhood near downtown and the medical district. The building spans approximately 18,942 square feet on a 0.87-acre parcel, providing flexibility for retail, office, or mixed-use redevelopment aligned with B-2 zoning regulations. The structure, constructed in 1963, benefits from a layout that can accommodate a variety of commercial uses and adaptive reconfigurations.
Conveniently located along Walton Way, this site offers strong frontage and accessibility to major city corridors. The immediate area includes a mix of residential, institutional, and retail uses, ensuring consistent local activity and visibility. Proximity to Augusta University and the central business district makes this an attractive location for owner-users, investors, and organizations seeking to establish or expand operations within a transitioning growth market. Recent nearby revitalization initiatives underscore the long-term prospects for value appreciation.

Property Facts

Price $953,874 CAD
Price Per SF $50.36 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Flex Research & Development
Building Class C
Lot Size 0.87 AC
Rentable Building Area 18,942 SF
No. Stories 1
Year Built 1963
Parking Ratio 1.06/1,000 SF
Opportunity Zone Yes
Zoning B-2 - Business Commercial
Moderately walkable
70/100
Moderately drivable
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0464080000
Land Assessment
$41,611 CAD
Improvements Assessment
$259,371 CAD
Total Assessment
$300,982 CAD
  • Listing ID: 40396773

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1002 Walton Way, Augusta, GA 30901

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