ENHOUZ™Business Marketplace
EDUC · For Sale

242 N 5th AVE SW, Rome Active

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Asking price
$575,000
Price / SF
$130.83
Cap rate
—
Sale type
—
Property type
EDUC
Property subtype
EDUC,FOOD,OTHER,OFFIC,RETAI
Building class
—
Building size
4,395 sq ft
Year built
1951
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.21 acres
Zoning
U-M-U
Frontage
60 ft
Listing #
EN-4379
MLS #
10808763

Outstanding mixed-use commercial investment opportunity in Rome's vibrant River District, just two blocks from Broad Street. This three-unit property features two leased units, including an attorney's office and a residential studio apartment, along with a large, vacant commercial office space formerly occupied by Realty ONE Group Edge. The anchor unit offers potential rental income of $3,000 or more per month and may be divisible into two separate commercial units, creating a four-unit mixed-use investment property with additional income potential. Ideal for an owner-occupant seeking to establish a business while generating rental income or an investor looking to maximize the property's revenue potential. Current zoning allows for continued mixed use. Strategically located in a desirable downtown corridor surrounded by retail, dining, riverfront attractions, and civic amenities. A compelling opportunity to acquire a versatile, income-producing property with significant upside in Rome's growing River District.

Location

GAMLS
Listed by Realty One Group Edge
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10808763

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