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Investment Highlights

  • Qualified Opportunity Zone
  • Exceptional Mixed-Use & Adaptive Reuse Opportunity
  • Prime Historic Downtown Location

Executive Summary

128 PATTERSON | Historic Downtown Valdosta, Georgia
128 Patterson presents a rare opportunity to acquire one of the premier commercial investment properties in Historic Downtown Valdosta. Encompassing approximately 11,500 square feet across three stories, this architecturally significant building combines historic character, modern infrastructure improvements, and exceptional redevelopment flexibility in the heart of South Georgia's regional business center.
Located within Valdosta's Historic Downtown District, 128 Patterson offers investors a distinctive asset featuring approximately 14-foot ceilings throughout, a passenger elevator serving all three floors, a recently replaced roof, and a location within a federally designated Opportunity Zone. These features, combined with Commercial Downtown (CD) zoning and rear access from the beautifully maintained Toombs Street public parking area, create an exceptional opportunity for adaptive reuse, mixed-use development, boutique hospitality, executive offices, specialty retail, or long-term investment.
Perfectly positioned along Patterson Street, the property enjoys outstanding visibility and walkability, with convenient access to restaurants, coffee shops, government offices, financial institutions, entertainment venues, and the many amenities that define Downtown Valdosta. The surrounding area continues to benefit from significant public and private investment, reinforcing its role as the commercial, cultural, and civic center of South Georgia.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,500 SF
Building Class
C
Year Built/Renovated
1881/2018
Price
$1,050,795 CAD
Price Per SF
$91.37 CAD
Tenancy
Single
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.87
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C D - Commercial Downtown (CD) Zoning is designed to support a dynamic mix of commercial, residential, office, hospitality, entertainment, and civic uses
Frontage
40’ on Patterson St

Amenities

  • Mezzanine
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Bank OZK
Regions Bank
Rent-A-Center
Piggly Wiggly

Property Taxes

Property Taxes

Parcel Number
0120A-127
Land Assessment
$65,099 CAD
Improvements Assessment
$67,907 CAD
Total Assessment
$133,005 CAD
  • Listing ID: 41496732

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 128-130 N Patterson, Valdosta, GA 31601

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