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Commercial Property

245 Broad ST, Rome Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$720,000
Price / SF
$126.18
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
5,706 sq ft
Year built
1910
NOI
Tenancy
Building height
Building FAR
Lot size
0.10 acres
Zoning
C-B-C
Frontage
Listing #
EN-3407
MLS #
10646910

Here is your chance to own a prime mixed-use building on Broad Street in downtown Rome, offering excellent visibility and strong foot traffic. Built in 1910 and over 7,500sq ft, this property features a fully remodeled downstairs retail space with approximately $90,000 in recent upgrades and a current tenant in place. The building has been significantly improved with a new roof, new windows, and new HVAC, and the upstairs apartment also includes a full sprinkler system. The apartment occupies 1/3 of the upstairs, leaving 2/3 available for renovation. An unfinished basement provides additional storage. With major updates already completed and a stable retail tenant, this property presents a turnkey opportunity in one of Rome's most desirable downtown locations.

Location

GAMLS
Listed by Hardy Realty & Development Company
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10646910

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