Fully Leased Income Producing Office Bldgs 429 Walker St 12,237 SF 100% Leased Office Building Augusta, GA 30901 $1,284,504 CAD ($104.97 CAD/SF) 7.02% Cap Rate

This offering consists of two adjacent historic office buildings located in the heart of downtown Augusta. Both properties are fully leased to multiple long-term tenants and have been well maintained, providing stable cash flow while preserving the character and charm of their historic architecture. Thoughtful renovations and modern amenities make these buildings an exceptional investment opportunity.
431 Walker Street (3,905 SF) underwent substantial renovations in 2024, including a complete remodel of the basement office suites. The main floor features three spacious private offices, an attractive reception and waiting area, and shared kitchenette and restroom facilities serving the first and second floors. The second floor includes two large offices situated on opposite sides of the hallway, along with access to the attic and HVAC equipment. The fully renovated basement contains four private office suites and additional restroom facilities, creating functional and updated workspace for tenants.
429 Walker Street (8,332 SF) has undergone multiple historic renovations over the years that have preserved its architectural integrity while adapting the building for modern office use. The daylight basement includes five private offices, a storage room, and a common hallway that provides access to a rear loading ramp. The main floor is occupied by a long-established law firm that has leased the property for many years and includes access to a shared conference room. The remainder of the building, including the second and third floors and a small portion of the first floor, is leased to another prominent local law firm that has also been a long-term tenant.
Together, these distinguished buildings offer a unique combination of historic character and contemporary functionality. Their classic architecture, modern improvements, and strong roster of long-term tenants create an attractive investment opportunity in one of downtown Augusta’s most established professional office corridors. With stable occupancy, updated infrastructure, and a proven leasing history, this offering presents a rare opportunity to acquire two landmark office buildings that continue to serve as an important part of Augusta’s business community.
Located in downtown Augusta, 429 Walker Street is positioned within one of the city’s most established professional and government office districts. The property is within walking distance of the Richmond County Judicial Center, the Federal Justice Center, Augusta Municipal Building, and numerous law firms, professional offices, restaurants, and local businesses, making it an ideal location for legal, financial, and professional service tenants.
Downtown Augusta continues to experience steady investment and redevelopment, with ongoing improvements throughout the central business district and along the Savannah River. The nearby Augusta Riverwalk, Broad Street dining and retail district, and numerous cultural attractions contribute to the area’s appeal for both businesses and employees. Convenient access to major roadways, Interstate 20, and the medical district further enhances the property’s accessibility.
With its central location, historic character, and established tenant base, 429 Walker Street offers investors the opportunity to acquire a well-positioned office asset in one of Augusta’s most recognizable and enduring business corridors.