242 N 5th AVE SW #A, B, 226, Rome, GA 30165
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242 N 5th AVE SW #A, B, 226, Rome, GA 30165
242 N 5th AVE SW #A, B, 226, Rome, GA 30165
242 N 5th AVE SW #A, B, 226, Rome, GA 30165
242 N 5th AVE SW #A, B, 226, Rome, GA 30165
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242 N 5th AVE SW #A, B, 226 Rome, GA 30165

4,395 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Mixed Use,Office,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,395 sqft

Price per Sqft $133

Subdivision No Subdivision

MLS Listing ID 10808763

HOA Y/N No

Year Built 1951

Annual Tax Amount $7,757

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 9147.6

Property Sub-Type Commercial,Mixed Use,Office,Retail

Source Georgia MLS 2

Property Description

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

State GA

County Floyd

Zoning U-M-U

Rooms

Bedroom Description No

Other Rooms Residence

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplace No

Exterior

Parking Features Paved, Covered, On Street, Parking Lot

Garage Spaces 10.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Underground Utilities

View Y/N No

Roof Type Metal

Total Parking Spaces 10

Garage No

Private Pool No

Building

Lot Description City Lot, Level

Faces Located Twos Block from Broad Street on 5th Avenue.

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction No

Others

Tax ID J13Y 101

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale


Georgia MLS - GAMLS
Mafe Gwin

Mafe Gwin

Broker Associate License ID: 320531

+1(770) 826-8779

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242 N 5th AVE SW #A, B, 226