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Investment Highlights

  • The property offers investors both stability and long-term growth.
  • 5.3 % CAP Rate

Executive Summary

Discover a rare investment opportunity in Sutherland Mill, a beautifully restored cotton mill overlooking the historic Augusta Canal. This landmark property combines historic character with modern efficiency, offering a unique setting  in one of Augusta’s most desirable professional office environmentsThe available condo is a two-story corner space with its own private entrance, abundant natural light, and scenic canal views. It is part of a 56,000-square-foot Class A office facility that has achieved LEED Gold Certification, reflecting a commitment to sustainability and energy efficiency. Currently leased to a national bank tenant through July 31, 2034, the property offers investors both stability and long-term growth. Ideally positioned between Downtown Augusta’s central business district and the city’s renowned medical complex—home to Augusta University, Wellstar Hospital, Piedmont Hospital, the VA Hospital, and the Children’s Hospital of Georgia—Sutherland Mill provides exceptional accessibility via the Calhoun Expressway, Riverwatch Parkway, Fifteenth Street, and Greene Street. This investment offers a secure, creditworthy tenant, built-in rental growth, and ownership in one of Augusta’s most distinctive and prestigious office settings.

Data Room Click Here to Access

1 Unit Available

Unit 100

Unit Size 2,490 SF
Price $1,369,710 CAD
Price Per SF $550.08 CAD
Condo Use Office
Sale Type Investment
Cap Rate 5.28%
NOI $72,306.99 CAD
Corner Office
Front Office
View of Stair Case from Lobby
Interior Photo
2nd Floor Office View 1

+1 More

2nd Floor Office View 2
View Photo Corner Office
View Photo Front Office
View Photo View of Stair Case from Lobby
View Photo Interior Photo
View Photo 2nd Floor Office View 1
View Photo 2nd Floor Office View 2

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 56,000 SF
Property Type Office (Condo)
Building Class A
Floors 3
Typical Floor Size 18,667 SF
Year Built 1887
Lot Size 2.55 AC
Parking Ratio 2.29/1,000 SF
Opportunity Zone Yes
Zoning C - Commercial

Amenities

  • 24 Hour Access
  • LEED Certified - Gold
  • High Ceilings
  • Natural Light
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Synovus Bank 99,999 SF SF Jan 0000

Sustainability

LEED Certified
Gold
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

  • Listing ID: 37908193

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 720 Saint Sebastian Way, Augusta, GA 30901

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