333 Alcovy Street, Monroe, GA 30655
COMMERCIAL - Monroe, GA
- 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
Listing agent Liz Malcom (770) 856-2905
Listing office Malcom & Malcom Realty Prof. 200 S Broad Street, Monroe, GA (770) 267-0092
Listing date Jun 8, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.716429
- Latitude
- 33.782972