Mixed-Use Property with Rooftop
100 Broad Street, Rome, GA 30161
For Sale
$2,999,000
Residential loft space sits alongside a substantial commercial area, with elevator access and private parking.
Property Size21,270 SF
Price / SF$140
Days on Market132
Property Features for 100 Broad Street
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Zoning
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Amenities
steam shower
soaking tub
infrared sauna
dual vanity
oversized dressing room with laundry
multiple gathering spaces
commercial kitchen
theater room
executive office
wet bar
elevator
rooftop terrace
commercial-grade infrastructure
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Amanda M King · License #361081
(404) 823-4014
Source:
Connersmithrealty
Added: Jun 29
Changed: Oct 29
Last Checked: Nov 7 at 2:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hardy Realty & Development Company
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Investment Insights
Based on property information with market context.
At 100 Broad Street, this restored 1901 property in Rome combines 10,635 square feet of residential space with an equal amount of commercial space. The loft residence includes six bedroom suites, multiple gathering areas, a commercial kitchen, theater room, executive office, wet bar and elevator. Exposed brick, reclaimed timbers and custom steelwork feature in the interiors, while a rooftop terrace overlooks Broad Street and Rome’s rivers.
The commercial area offers space identified for retail, hospitality, office, wellness or private collection uses. The property also has more than 20 private parking spaces and commercial-grade infrastructure. Its zoning is Commercial.
The commercial area offers space identified for retail, hospitality, office, wellness or private collection uses. The property also has more than 20 private parking spaces and commercial-grade infrastructure. Its zoning is Commercial.
Key Highlights
- 10,635 square feet of residential space and 10,635 square feet of commercial space
- Six private bedroom suites in the residential loft
- Commercial space identified for retail, hospitality, office, wellness or private collection uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$210,573
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,211,460
$4.2M
Cap Rate 7%
$3,008,186
$3.0M
Cap Rate 9%
$2,339,700
$2.3M
Market Conditions
NOI Build-Up for 21,270 SF
Gross rent
$382.9K $18.00/SF
− Vacancy
−$45.9K −$2.16/SF
EGI
$336.9K $15.84/SF
− OpEx
−$126.3K −$5.94/SF
NOI
$210.6K $9.90/SF
Area
Floyd County, GA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,211,460
Cap Rate 7%
$3,008,186
Cap Rate 9%
$2,339,700
Alternative Uses
Best Use
Mixed Use
$3.01M
$2.63M – $3.51M
NOI $210,573 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.52M
$3.08M – $4.11M
NOI $246,715 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
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Business Placement
Demographics for 30161, GA
35,382
Population
14,924
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
143.3 sq mi
ZIP Area
247
Density / Sq Mi
$60,176
Median Household Income
$34,545
Median Earnings
$1,006
Median Rent
$185,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential loft space sits alongside a substantial commercial area, with elevator access and private parking.
Where is this mixed-use property located?
The property is located at 100 Broad Street Rome, GA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 10,635 square feet of residential space and 10,635 square feet of commercial space; Six private bedroom suites in the residential loft; Commercial space identified for retail, hospitality, office, wellness or private collection uses
