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$299,000 Just Listed

  • For Sale
  • Active
  • Retail
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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.

Full Property Details for 116 N Magnolia St

General

  • Price: $299,000
  • Taxes: $3,283 (2025)
  • Status: Active
  • Type: Retail
  • Source: GAMLS_Atlanta
  • MLS ID: 10760560
  • Updated: 5/8/2026
  • Added to Site: 5 day(s) ago

Business

  • Business Type: Laundromat, Retail, Wholesale
  • Includes: Building & Land

Interior

  • Flooring: Carpet, Laminate, Tile, Vinyl

Location

  • County: Dougherty
  • Driving Directions: Gillionville Road to North Magnolia. Property on the left.

Heating & Cooling

  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Sewer Available, Underground Utilities, Water Available

Structural Information

  • Construction Status: Resale
  • Roof: Composition, Tar/Gravel
  • Square Feet: 5,580
  • Sq. Ft. Source: Public Records
  • Year Built: 1973

Lot Features

  • Lot Size (Acres): 1.26
  • Lot Size Range: 1.26
  • Lot Size Source: Public Records
  • Potential Use: Laundromat, Retail, Wholesale
  • Lot Description: Business Park

Financial Considerations

  • Tax Amount: $3,283.37
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Covenants/Restrictions, Investor-Owned, Real Estate Owned
  • Lot Number: 130

Listing Courtesy of: Walden and Kirkland, Inc

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Listing agent

— 116 N Magnolia St —

  • Walden and Kirkland, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 N Magnolia St

School District:Dougherty School District
NameGradesDistance
Alice Coachman Elementary School
1425 W Oakridge Dr, Albany, GA 31707
PK-51.8 mi
Radium Springs Middle School
2600 Radium Springs Road, Albany, GA 31705
6-85.5 mi
Monroe High School
900 Lippitt Drive, Albany, GA 31701
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 N Magnolia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$299,000
754.29%
MLS
9/03/2025
Sold
$35,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116 N Magnolia St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,283
6%
$64,840
—
2024
$3,093
2%
$64,840
—
2023
$3,021
—
$64,840
—
2022
$3,032
8%
$64,840
—
2021
$2,811
—
$64,840
—
2020
$2,818
—
$64,840
—
2019
$2,828
—
$64,840
—
2018
$2,840
7%
$64,840
—
2016
$2,647
—
$64,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listing Courtesy of: Walden and Kirkland, Inc

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116 N Magnolia Street, Albany, GA 31707 (MLS# 10760560) is a Retail property. 116 N Magnolia Street is currently listed for $299,000 and was received on May 08, 2026. Want to learn more about 116 N Magnolia Street? Do you have questions about finding other Retail real estate for sale in Albany? You can browse all Albany real estate or contact a Coldwell Banker agent to request more information.

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