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Convenience Store With Basement
For Sale
$375,000

107 E Main Street SW, Rome, GA 30161

Operational food and beverage retail property with storage, equipment, and an additional outbuilding near downtown Rome.

Property Size1,960 SF
Price / SF$229.78
Days on Market74

Property Features for 107 E Main Street SW

General Information

Standard status Active
Size 1,960 SF
Property subtype Commercial

Additional Details

Business Included Yes

Amenities

0.41 acres, City Lot, Level
Public Sewer
Parcel Number: J14L 163, Annual Amount: $1,193.08, Year: 25
Central Air
Central
Listing ID: 10819329, Standard Status: Active, MLS Status: Active, On market as of 2026-08-05, 72 days on market
Parking Lot
Built in 1960, Construction Materials: Brick
County/Parish: Floyd
Resale
Electricity Available, High Speed Internet, Sewer Available, Water Available, Water Source: Public
Close Of Escrow

Building Details

Building Size 1,960 SF
Year Built 1960
Listing Agency: Elite Group Georgia
Listed By: Kaylyn Nichole Hernandez · License #451695
Source: Blackstreaminternational
Added: Aug 5 Changed: Oct 16 Last Checked: Oct 16 at 8:28AM

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 Elite Group Georgia

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Investment Insights

Based on property information with market context.

This grocery and convenience store property includes a 1,632-square-foot main retail area, a full basement, and an additional approximately 400 square foot building. Existing coolers and shelving are included, along with an active business license. The layout supports continued food and beverage retail use, with basement and outbuilding space available for storage, office functions, or other business-related needs.

Built in 1960, the property is located at 107 E Main Street SW in Rome, Georgia, just minutes from downtown Rome. The sale includes the real estate and the existing operational business, providing a defined retail setup with supporting improvements already in place.

Key Highlights

  • 1,632‑square‑foot main retail space
  • Full basement provides additional storage space
  • Additional approximately 400 square foot building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,972
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,440 $359.4K
Cap Rate 7%
$256,743 $256.7K
Cap Rate 9%
$199,689 $199.7K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$26.0K $15.96/SF
− Vacancy
−$2.1K −$1.28/SF
EGI
$24.0K $14.68/SF
− OpEx
−$6.0K −$3.67/SF
NOI
$18.0K $11.01/SF
Area
Floyd County, GA
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,440
Cap Rate 7%
$256,743
Cap Rate 9%
$199,689

Alternative Uses

Best Use
Specialty Retail
$256.7K
$224.7K – $299.5K (±1% cap)
NOI $17,972 @ 7.0% cap · market cap 4.79%
Second Best
Retail
$145.5K
$127.3K – $169.7K (±1% cap)
NOI $10,184 @ 7.0% cap · market cap 2.72%
Theoretical Best
Healthcare Medical
$270.4K
$236.6K – $315.5K (±1% cap)
NOI $18,930 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility HVAC Service Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
Balanced
Demand for This Use

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
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • LUCKY'S FOOD MART — 107 E 12th St SE, Rome, GA 30161
  • Diversitex — at, GA-101 & E 4th St, Rome, GA 30161

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operational food and beverage retail property with storage, equipment, and an additional outbuilding near downtown Rome.
Where is this grocery and convenience store located?
The property is located at 107 E Main Street SW Rome, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,632‑square‑foot main retail space; Full basement provides additional storage space; Additional approximately 400 square foot building
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