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    116 Broad St Monroe, GA 30655

    For Lease
    $4,500 /Mo ($10 SF/Yr)

    COMMERCIAL - Monroe, GA

    Property size:
    5,312 SF
    Lot size:
    0.28 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 116 Broad St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    M0140097
    Parking features
    On Street
    Size
    5,312 SF
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Building materials
    Brick
    Roof type
    Composition

    Keller Williams Realty Atlanta Partners (678) 808-1300 [email protected]

    Listing agent Susan Sykes (678) 808-1300

    Listing date Oct 15, 2025

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Monroe Retail/Restaurant Opportunity

    Located in the heart of downtown Monroe, the former Milner Aycock Building is situated across from the Historic Monroe Courthouse. This property presents an opportunity to integrate a business into the thriving epicenter of downtown Monroe. The location is suitable for retail or restaurant use. Downtown Monroe is supported by an active Development Authority and hosts events such as an Annual Car Show, Fall Festival, Monroe Blooms Festival, First Friday Summer Concerts, and Seasonal Parades. These festivities draw upwards of 10,000 people, offering exposure to both visitors and residents. Neighboring businesses include Willfully Guided, The Roe, Rinse Co., Addison's Wonderland, The Brown Fig, The Monroe Mercantile, Scoops, The Blue Rooster, LR Burger, and Coffee Camper. The property has a lot size of 0.28 acres and a building size of 5312 square feet. The monthly lease rate varies and is determined by the amount of square footage required for the tenant. The property can be built to suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Monroe Police Department ... Police Department TACOS - N - BEER ... Mexican Restaurant Tacos-N-Beer Bar & Grill Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.713036
    Latitude
    33.795305

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    FAQs

    What type of property is this?
    Retail space - Prime retail or restaurant space in historic downtown Monroe.
    Where is this retail space located?
    The property is located at 116 Broad St Monroe, GA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Monroe location directly across from the Historic Monroe Courthouse.; - High foot traffic due to proximity to numerous established businesses and popular local events.; - Suitable for various business types including retail and restaurant.
    (678) 808-1300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Broad St Monroe, GA 30655
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