Mixed-Use Retail and
130 Broad Street Rome, GA 30161
For Sale
$750,000
Two-bedroom, two-bath second-floor apartment combined with a first-floor barber shop and other commercial space.
Property Size3,745 SF
Price / SF$200.27
Days on Market269
Property Features for 130 Broad Street
General Information
- Standard status
- Active
- Size
- 3,745 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1901
Listing Agency:
Toles, Temple & Wright, Inc.
(706) 346-0400
Listed By:
Russell Rogers · License #157277
(706) 346-0400
Source:
Xome
Added: Oct 30, 2025
Changed: Jul 23
Last Checked: Jul 25 at 2:53AM
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 Toles, Temple & Wright, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property includes a two-bedroom, two-bath apartment on the second floor and retail/commercial space on the first floor. The first floor features a barber shop plus additional commercial space, creating a multi-use setup under one roof.
Total rent for the building is listed as $3,943 per month. The property is shown by appointment only; please call the listing agent for details.
Total rent for the building is listed as $3,943 per month. The property is shown by appointment only; please call the listing agent for details.
Key Highlights
- Two‑bedroom, two‑bath second‑floor apartment combined with first‑floor barber shop and other commercial space
- Total building rent is $3,943 per month
- Central air cooling
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 | $37.3k | $9.96 |
| − Vacancy | −$3.9k | −$1.05 |
| EGI | $33.4k | $8.91 |
| − OpEx | −$10.0k | −$2.67 |
| NOI | $23.4k | $6.24 |
3,745 SF · lease $9.96/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$333.8K
$292.1K – $389.5K
NOI $23,369 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$322.0K
$281.7K – $375.6K
NOI $22,537 @ 7.0% cap · market cap 3.00%
Theoretical Best
Healthcare Medical
$620.6K
$543.0K – $724.0K
NOI $43,439 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Residential income property - Two-bedroom, two-bath second-floor apartment combined with a first-floor barber shop and other commercial space.
Where is this residential income property located?
The property is located at 130 Broad Street Rome, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath second‑floor apartment combined with first‑floor barber shop and other commercial space; Total building rent is $3,943 per month; Central air cooling
