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$250,000 Sold

116 N Magnolia St, Albany, GA 31707, USA

5,580 sq ft 1.26 acres
Sold $250,000 on August 30, 2026
116 N Magnolia St, Albany, GA 31707, USA
5,580 sq ft 1.26 acres
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$250,000 Estimated Value $225,000 – $275,000 Based on 6 similar sales
8.9 mo Absorption Rate Buyer's Market 149 active · 16.7/mo sold
96.4% List-to-Sale Ratio Sellers get close to asking
88 Avg Days on Market Longer time to sell

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At today's 6.5% rate with 10% down, a buyer would pay ~$1,422/mo for a home at this value.

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116 N Magnolia St, Albany, GA 31707, USA

Description

Investment Opportunity: Historic Multi-Unit Commercial Block - 126-130 N. Magnolia | High-Exposure Corner This is a rare opportunity to own a high-visibility commercial asset with deep roots in the community. Situated on the heavily trafficked N. Magnolia, this property benefits from constant daily exposure, making it an ideal location for established service-based businesses. The Units-The property consists of four distinct spaces with an exceptional track record of long-term tenancy. A great opportunity to grow your income as rent has not increased in several years. TPO Roof installed on 130 in 2026. 130 Can be 2 separate rental bldgs. Designed with separate entrance/exit doors. Contact a Realtor to see this property.

Property Details

Property Type
Commercial Sale
Living Area
5,580 sq ft
Lot Size
1.26 acres
Year Built
1955
County
Dougherty
Sold Price
$250,000
Sold Date
August 30, 2026
Last List Price
$299,000

Price History

  1. Sold MLS# 168880 $250,000

Location

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Home Value