ENHOUZ™Business Marketplace
MEDIC · For Sale

10 E Broad ST, Newnan Active

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Asking price
$2,100,000
Price / SF
$202.23
Cap rate
—
Sale type
—
Property type
MEDIC
Property subtype
MEDIC,OFFIC
Building class
—
Building size
10,384 sq ft
Year built
1900
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.19 acres
Zoning
X
Frontage
146 ft
Listing #
EN-2282
MLS #
10587242

Classic 1950 brick storefront row in the heart of walkable downtown Newnan-steps to the Federal Courthouse, Post Office, Justice Center, and the landmark Coweta County Courthouse. Offered as two adjoining buildings totaling 10,384 SF across 10, 12, 14 & 16 E Broad St, this property delivers durable, downtown street presence with convenient public parking along Broad, side streets, and several nearby city lots. Current configurations feature high ceilings and open floor plans that make future re-tenanting or creative office/retail concepts straightforward. Parcels: N01 0008 008 & N01 0008 009. Built-in income with diversified tenancy: 10/12/14 E Broad ( 6,608 SF) is leased to a framing shop, janitorial company, and law firm; 16 E Broad ( 3,776 SF) is leased to a bank-providing a balanced blend of service retail and professional uses. For investors, the location, vintage character, and flexible layouts create a clear value-add path: several suites present mark-to-market potential over time and strategic enhancements (branding/signage, interior updates, and merchandising the storefronts) could support stronger effective rents upon renewal or turnover. Buyers should verify their pro forma; no income is guaranteed-however, this submarket's foot traffic and courthouse-adjacent dynamics position the asset for rent growth as leases naturally roll. Ideal 1031 or portfolio hold: stable cash flow today with upside, multiple storefronts for phased execution, and a Main Street address that will remain relevant. Shown by appointment only; please do not disturb tenants.

Location

GAMLS
Listed by Ansley RE | Christie's Int'l RE
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10587242

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