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    Renovated Downtown Office Building Title is generated by Realmo AI

    333 Alcovy Street, Monroe, GA 30655

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    Claim this Listing
    For Sale
    $325,000

    COMMERCIAL - Monroe, GA

    Type:Office
    Property size:
    1,600 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $203/SF
    Added:
    Jun 8, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 16 at 7:06 pm

    Property Features for 333 Alcovy Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    M018000000030005
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3053

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1966
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition

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    Listing Contact
    Liz Malcom

    Listing agent Liz Malcom

    Listing office Malcom & Malcom Realty Prof. 200 S Broad Street, Monroe, GA

    Listing date Jun 8, 2026

    MLS# 10786747

    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.

    HighLights

    • Newly renovated 1,600 SF downtown commercial building with a reception area, conference room, and break room
    • Seven office suites plus two bathrooms for employee and visitor convenience
    • Brick construction with composition roof and vinyl flooring
    • Central heating and central air, plus electric (heating) for indoor comfort
    • Connected parking lot with parking available on‑site
    • Accessible approach with ramp; public water and public sewer; cable available

    Overview

    This newly renovated commercial office building offers a reception area, a spacious conference room, and a well-equipped break room. The interior layout includes seven versatile office suites designed to support a range of business operations. Two bathrooms are included for employee and visitor convenience.

    The property is offered for sale in downtown Monroe. It benefits from high visibility and foot traffic per the listing remarks, and it is served by an attached/connected parking lot intended to provide convenient parking for employees and clients.

    With multiple office suites and dedicated common work areas like the reception and conference room, the building can suit professional services, administrative offices, or other workplace users seeking a compact, move-in-ready setup. The combination of suite flexibility, on-site break space, and convenient parking supports day-to-day operations for both teams and visiting clients.

    Local Financial Insights For Office B

    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 $38.2k $23.87
    − Vacancy −$9.6k −$6.02
    EGI $28.6k $17.85
    − OpEx −$7.1k −$4.46
    NOI $21.4k $13.39
    1,600 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $306.1K
    $267.8K – $357.1K (±1% cap)
    NOI $21,426 @ 7.0% cap · market cap 6.59%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $449.3K
    $393.1K – $524.2K (±1% cap)
    NOI $31,450 @ 7.0% cap · market cap 9.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    T&T Auto Group Car Dealership Sierra Moore Medical Clinic Visitacion Mark P ... Physician Judith Delima Pediatrician AXIS Occupational Health Occupational Health Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    -83.716429
    Latitude
    33.782972

    FAQs

    What type of property is this?
    Office building - Newly renovated office building with reception, conference room, break room, and seven office suites plus parking.
    Where is this office building located?
    The property is located at 333 Alcovy Street Monroe, GA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Newly renovated 1,600 SF downtown commercial building with a reception area, conference room, and break room; Seven office suites plus two bathrooms for employee and visitor convenience; Brick construction with composition roof and vinyl flooring
    More about this property
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