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Listed by John Courson COLDWELL BANKER PREMIER REAL E
$1,195,000
Est. payment /mo
10,800 SqFt
Pending
128-132 N Ashley Street #* Valdosta, GA 31601
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Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Pending
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $110
Subdivision Downtown
MLS Listing ID 146832
HOA Y/N No
Lot Size 5,401 Sqft
Lot Dimensions 60 x 90
Property Sub-Type Multi Unit
Property Description
Discover one of downtown Valdosta's most distinguished mixed-use buildings—an architectural gem where historic brickwork, tall storefront glass, and refined modern finishes create an atmosphere of unmistakable character. 128–132 N Ashley Street presents a rare opportunity for both owner-occupiers and investors seeking a premier downtown asset with diversified income streams. On the commercial level, a long-running and highly regarded local restaurant occupies 1,800 SF, serving as both a destination and a reliable anchor tenant. Adjacent to it lies a prime 3,600 SF ground-floor retail space now available for an owner-user or future leasing strategy, offering the flexibility to establish your own business in a landmark address or secure additional stabilized income. The second floor features five upscale loft apartments, each highlighting exposed brick, reclaimed-style textures, tall windows, and contemporary kitchens and baths. These boutique-quality residences consistently attract both short-term guests and long-term tenants seeking authentic downtown living with modern comforts. Set amidst Valdosta's evolving dining, retail, and cultural district, this must-see property blends timeless architecture with modern performance—an ideal acquisition for buyers pursuing prestige, income, and strategic location in one offering. With the 3,600 SF commercial space leased at a market rate of $12/SF base, the property can generate potential monthly income of approximately $10,925 ($131,100 annually). Full rent roll and financials are available to qualified prospects.
Location
State GA
Area 4-S Baytree Rd To W Oak St To S Hill Ave (Ctylmts)
Zoning C-D
Interior
Heating Central
Cooling Central Air
Flooring Hardwood
Appliance Refrigerator, Electric Range, Dishwasher, Ice Maker
Exterior
Exterior Feature Other
Parking Features On Street
Pool None
Utilities Available Cable Available
View Y/N No
Roof Type Other
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Virtual Tour https://tour.usamls.net/128132-N-Ashley-Street-Valdosta-GA-31601/unbranded
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