Office/Retail Building on Broad
255 N Broad Street Winder, GA 30680
255 N Broad Street, Winder, GA, 30680
$329,000
For Sale
$329,000
Office/Retail building on 1 acre with excellent advertising exposure.
Property Size1,529 SF
Lot Size0.97 Acres
Price / SF$215.17
Days on Market461
Property Features for 255 N Broad Street
General Information
- Standard status
- Active
- Size
- 1,529 SF
- Lot size
- 0.97 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1932
Listing Agency
Anchor All Realty Inc.
(770) 337-1000
Listed by
Tammy Mobley · License #136612
Source
Corcoran
Added: Apr 17, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 4:09 am
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 Anchor All Realty Inc.
Investment Insights
Based on property information with market context.
This office/retail building is situated on a 1-acre lot with 106 feet of exposure on N. Broad St. It is located within walking distance of South State Bank and Ingles. Northeast Georgia Medical Barrow and a new Publix are located across the street. The property is zoned B-1 and may still be grandfathered for commercial and residential use. The building is a single level. The lot backs up to Lumpkin St. The property offers excellent advertising exposure with large signage on N. Broad St. and on the building front. The building contains 1,529 square feet with 5 rooms, 2 full baths, and a kitchen. A newly poured circular driveway near the side door opens to a large lobby with counters. The property includes two existing outbuildings. The property has been in the family for almost 24 years.
Key Highlights
- High‑Exposure Location: Boasting 106' frontage on N. Broad St. with excellent advertising potential thanks to large signage.
- Prime Commercial Location: Walking distance to South State Bank and Ingles, across from NE GA Medical Barrow and new Publix.
- Flexible Zoning: Zoned B‑1, potentially grandfathered for commercial and residential use.
Local Financial Insights For Retail
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 | $33.6k | $21.96 |
| − Vacancy | −$2.9k | −$1.87 |
| EGI | $30.7k | $20.09 |
| − OpEx | −$9.2k | −$6.03 |
| NOI | $21.5k | $14.07 |
1,529 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$307.2K
$268.8K – $358.4K
NOI $21,506 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$427.4K
$374.0K – $498.7K
NOI $29,919 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Integrity Lending Services ...
Loan Service
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FAQs
What type of property is this?
Storefront property - Office/Retail building on 1 acre with excellent advertising exposure.
Where is this storefront property located?
The property is located at 255 N Broad Street Winder, GA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: High‑Exposure Location: Boasting 106' frontage on N. Broad St. with excellent advertising potential thanks to large signage.; Prime Commercial Location: Walking distance to South State Bank and Ingles, across from NE GA Medical Barrow and new Publix.; Flexible Zoning: Zoned B‑1, potentially grandfathered for commercial and residential use.
