Bought with Cliff Bramble • Keller Williams Chattahoochee
$1,300,000
$1,199,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
2.2 Acres Lot
SOLD DATE : 10/27/2023
Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision The Weed School
MLS Listing ID 20081816
Sold Date 10/27/23
Construction Status Fixer
Year Built 1936
Annual Tax Amount $2,202
Tax Year 2022
Lot Size 2.200 Acres
Property Description
The almost one-hundred-year old Weed School is looking to the future and the possibilities for the community seem endless. The Weed School sits on 2.02 acres in the Sand Hills community and is blocks from two of the most exclusive golf clubs in America, (Augusta National and Augusta Country Club) surrounded by wealth, Universities and redevelopment opportunities, and is currently zoned for up to 60,000 sq. feet of condos or apartments. If rezoned, it may be able to go to 100,000 square feet and 45 feet high. Included in the sale of The Weed School are four buildings: A cafeteria, an auditorium, an office, and a classroom building. The four buildings are connected via arched walkways, completely brick, and the structures of the buildings appear strong. As for the interior, after almost one-hundred years, the school still maintains the original hardwood floors in most of the buildings. The adjacent level lot is perfect for either a parking structure, or apartments surrounding the parking structure. The school has sewer and water to the property, as well as easements in place. Locally, there are five colleges nearby, major corporations, Fort Gordon, Piedmont Hospital, and downtown Augusta within a short drive. The Weed School is listed for $1,299,000 and can be seen at www.revivesandhills.com or loopnet. THE FUTURE: The history of The Weed School is long and in the past, but the future use is brighter and more exciting. REALTOR Cliff Bramble says, “This property has so much potential, and we envision either condos/apartments, a food hall, a restaurant, an “eater”tainment venue, mixed use spaces, or shared offices being built. The opportunities are endless, and we are looking for the right developer who is interested in purchasing the school and making the school’s legacy last for another one hundred years. If developed into apartments, it can help solve the need for student housing for the local Augusta University students.” He adds, “There have been food halls built throughout the state, and this area is perfect for bringing one to the area.” Bramble says, “The atmosphere the building offers is exactly what other food halls like Krog Street Market and Ponce City Market in Atlanta have, and what future customers are looking for.” Plus, take a look around the community. It’s in dire need of bringing it back to life. We envision a developer buying the property and developing it into a useful area for the community and maybe the City can help out and create some walking paths around the area.
Location
State GA
County Richmond
Zoning C-3 Currently approved for apartments or condos
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, Natural Gas Available
Building
Sewer Public Sewer
Construction Status Fixer
Others
Financing Cash
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