Mixed-Use Property in Rome,
130 Broad Street Rome, GA 30161
For Sale
$750,000
Pending
COMMERCIAL - Rome, GA
Property Size3,745 SF
Lot Size0.04 Acres
Days on Market198
Property Features for 130 Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Standard status
Pending
APN
J14D 080
Size
3,745 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
9585
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1901
Building materials
Brick
Listing Agency:
Toles, Temple & Wright, Inc.
(706) 291-0202
Listed By:
Russell Rogers · License #157277
(706) 346-0400
Added: Jan 12
Changed: Jul 29
Last Checked: Jul 29 at 12:06PM
MLS# 10675197
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use property in Rome, GA, features a combination of residential and commercial spaces. The building includes a two-bedroom, two-bath apartment on the second floor. The first floor is comprised of a barber shop and additional commercial space. The total rentable area of the property is 3745 square feet, situated on a lot of 0.04 acres. The property generates a total rental income of $3943 per month.
Key Highlights
- Total monthly rent of $3943 provides immediate income.
- Two‑bedroom, two‑bath apartment offers residential living space.
- Commercial space includes an existing barber shop.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.4k | $18.00 |
| − Vacancy | −$8.1k | −$2.16 |
| EGI | $59.3k | $15.84 |
| − OpEx | −$22.2k | −$5.94 |
| NOI | $37.1k | $9.90 |
3,745 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$529.7K
$463.5K – $617.9K
NOI $37,076 @ 7.0% cap · market cap 4.94%
Second Best
Retail
$333.8K
$292.1K – $389.5K
NOI $23,369 @ 7.0% cap · market cap 3.12%
Theoretical Best
Healthcare Medical
$620.6K
$543.0K – $724.0K
NOI $43,439 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial spaces, generating $3943/month.
Where is this mixed-use property located?
The property is located at 130 Broad Street Rome, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Total monthly rent of $3943 provides immediate income.; Two‑bedroom, two‑bath apartment offers residential living space.; Commercial space includes an existing barber shop.
