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2416 Westgate Dr 2,436 SF Retail Condo Unit Offered at $415,691 CAD in Albany, GA 31707
Investment Highlights
- Location - High income demographic market
- Retail Market Street
- Great Street Appeal - plenty of Parking
Executive Summary
This well-positioned retail property offers an attractive opportunity for owner-users or investors seeking to secure a versatile storefront in Albany, Georgia’s high-demand retail corridor. Located within the Place on the Point shopping village, this single-story building sits on a 0.62-acre lot and provides exceptional street appeal, ample parking for customers, and unmatched convenience for local shoppers. Featuring a move-in ready design currently suited for boutique retail or specialty services, the property boasts an adaptable layout capable of accommodating a variety of business types, including health and professional office uses, thanks to its C2 zoning. Situated in Northwest Albany’s highest household income submarket, the property benefits from strong consumer demographics, proximity to major retailers, and daily traffic counts exceeding 12,000 vehicles on nearby corridors. This location further delivers direct access to Dawson Road and surrounding mixed-use developments, enhancing connectivity within one of Albany’s most active commercial areas. Offered at an accessible price point, this asset represents value and positioning in a market with limited comparable availability.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Situated at the corner of Westgate Drive and Lake Park Drive, this property is at the heart of a vibrant mixed-use commercial area in the Lake Park neighborhood, surrounded by local businesses and offices. The area boasts the highest average household income in the region. Traffic counts reach 12,300 vehicles per day (VPD) on Westgate Drive and 2,400 VPD on Lake Park Drive. With a direct connection to Dawson Road less than a quarter-mile away, the location offers easy access to complementary retail businesses in Albany and Lee County, GA.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C | 2,436 SF | Retail | $415,691 CAD ($170.64 CAD/SF) | - |
Unit C
| Unit Size |
| 2,436 SF |
| Condo Use |
| Retail |
| Price |
| $415,691 CAD ($170.64 CAD/SF) |
| NOI |
| - |
Unit C
| Unit Size | 2,436 SF |
| Condo Use | Retail |
| Price | $415,691 CAD ($170.64 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Ideally located in a high-income neighborhood of Albany, this 2,500-square-foot professional storefront is well-built and move-in ready. Designed as a medical med spa, the adaptable floorplan and prime location suit various retail, office, or professional uses. The storefront is part of a three-unit shopping center with shared parking and convenient cross-access at a corner lot.<br> <br> Situated at the corner of Westgate Drive and Lake Park Drive, this property is at the heart of a vibrant mixed-use commercial area in the Lake Park neighborhood, surrounded by local businesses and offices. The area boasts the highest average household income in the region. Traffic counts reach 12,300 vehicles per day (VPD) on Westgate Drive and 2,400 VPD on Lake Park Drive. With a direct connection to Dawson Road less than a quarter-mile away, the location offers easy access to complementary retail businesses in Albany and Lee County, GA.</li></ul> | |
| Sale Notes | |
| "Discover this stylish 2,500 square foot boutique storefront in the highly desirable Place on the Point shopping village. Located at 2416C Westgate Drive in Northwest Albany, this space offers an ideal layout for retail or specialty services, with excellent street appeal and prime visibility. Enjoy easy access for local shoppers, ample parking, and a prime location surrounded by complementary businesses. Perfect for creating a standout presence in one of Albany's most convenient retail destinations."</li></ul> |
Property Facts
| Total Building Size | 3,333 SF | Typical Floor Size | 2,500 SF |
| Property Type | Retail (Condo) | Year Built | 1994 |
| Property Subtype | Freestanding | Tenancy | Single |
| Building Class | C | Lot Size | 0.62 AC |
| Floors | 1 | Parking Ratio | 11.6/1,000 SF |
| Zoning | C2 - Commercial - professional office for medical and healthcare treatment space. | ||
| Total Building Size | 3,333 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,500 SF |
| Year Built | 1994 |
| Tenancy | Single |
| Lot Size | 0.62 AC |
| Parking Ratio | 11.6/1,000 SF |
| Zoning | C2 - Commercial - professional office for medical and healthcare treatment space. |
Nearby Major Retailers
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2416 Westgate Dr
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