Multi-Tenant Storefront
For Sale
$2,100,000
10 E Broad Street, Newnan, GA 30263
Commercial Sale, Newnan, GA
Property Size10,384 SF
Lot Size0.19 Acres
Price / SF$202.23
Days on Market423
Property Features for 10 E Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
X
Parking features
On Street
Interior features
Beamed Ceilings
Lot features
Corner Lot, Level
View
City
Directions
Located just off the square in Downtown Newnan GA. Your GPS will direct you conveintly to the front door.
Standard status
Active
APN
N01 0008 008
Size
10,384 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5937
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Building materials
Brick 4 Sides
Roof type
Flat
Listing Agency:
Ansley Real Estate | Christie's International Real Estate
(404) 480-4663
Listed By:
COMER JENNINGS · License #165488
(404) 264-9000
Added: Aug 19, 2025
Changed: Oct 15
Last Checked: Oct 15 at 3:06AM
MLS# 7635104
Copyright © 2026 First Multiple Listing Service, Inc. 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.
Two adjoining brick storefront buildings span four addresses at 10, 12, 14 and 16 E Broad Street, with a combined 10,384 square feet on a 0.19-acre site. The interiors feature high ceilings and open floor plans, while beamed ceilings, central air and flat roofs are among the building features. Public water and sewer serve the property, and cable is available.
Existing occupants include a framing shop, janitorial company and law firm in the buildings at 10, 12 and 14 E Broad Street; a bank occupies 16 E Broad Street. The property is near the Federal Courthouse, Post Office, Justice Center and Coweta County Courthouse. On-street parking and several city parking lots are nearby.
Existing occupants include a framing shop, janitorial company and law firm in the buildings at 10, 12 and 14 E Broad Street; a bank occupies 16 E Broad Street. The property is near the Federal Courthouse, Post Office, Justice Center and Coweta County Courthouse. On-street parking and several city parking lots are nearby.
Key Highlights
- Two adjoining storefront buildings totaling 10,384 square feet
- 0.19‑acre site at 10, 12, 14 and 16 E Broad Street
- Current occupants include a framing shop, janitorial company, law firm and bank
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,875
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,337,500
$3.3M
Cap Rate 7%
$2,383,929
$2.4M
Cap Rate 9%
$1,854,167
$1.9M
Market Conditions
NOI Build-Up for 10,384 SF
Gross rent
$239.2K $23.04/SF
− Vacancy
−$16.7K −$1.61/SF
EGI
$222.5K $21.43/SF
− OpEx
−$55.6K −$5.36/SF
NOI
$166.9K $16.07/SF
Area
Coweta County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,337,500
Cap Rate 7%
$2,383,929
Cap Rate 9%
$1,854,167
Alternative Uses
Best Use
Specialty Retail
$2.38M
$2.09M – $2.78M
NOI $166,875 @ 7.0% cap · market cap 7.95%
Second Best
Retail
$2.09M
$1.83M – $2.43M
NOI $146,055 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,191 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 41%
Shops & Services 34%
Dining 26%
Sherwin-Williams Paint Store
Home Improvements & Furnishings
3,517 visits/mo
0.2 miles
Truist
Shops & Services
2,425 visits/mo
0.2 miles
Domino's Pizza
Dining
2,213 visits/mo
0.1 miles
Bank OZK
Shops & Services
511 visits/mo
0.1 miles
Demographics for 30263, GA
60,467
Population
23,792
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
198.2 sq mi
ZIP Area
305
Density / Sq Mi
$79,752
Median Household Income
$44,508
Median Earnings
$1,332
Median Rent
$278,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Four street-facing addresses accommodate service businesses and professional offices near downtown civic destinations.
Where is this storefront property located?
The property is located at 10 E Broad Street Newnan, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two adjoining storefront buildings totaling 10,384 square feet; 0.19‑acre site at 10, 12, 14 and 16 E Broad Street; Current occupants include a framing shop, janitorial company, law firm and bank
