Historic District Office
For Sale
$1,999,000
139 N Main Street, Jonesboro, GA 30236
Commercial Sale, Jonesboro, GA
Property Size9,385 SF
Lot Size1.01 Acres
Price / SF$212
Days on Market263
Property Features for 139 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
57
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Lot features
City Lot, Corner Lot, Level, Near Public Transit
Directions
**From Downtown Atlanta (Approx. 25-30 minutes) Take I-75 South toward Macon Continue on I-75 S for approximately 15 miles Take Exit 233 for GA-54/Jonesboro Road Turn left onto GA-54 East (Jonesboro Road) Continue approximately 1.5 miles into Downtown Jonesboro Turn left onto North Main Street Property is located at 139 N Main Street, near the Clayton County Courthouse **From Hartsfield-Jackson Atlanta International Airport (Approx. 20-25 minutes) Exit airport following signs for I-75 North / I-85 North Merge onto I-75 North toward Atlanta Continue approximately 7-8 miles Take Exit 233 for GA-54/Jonesboro Road Turn right onto GA-54 East (Jonesboro Road) Continue approximately 1.5 miles into Downtown Jonesboro Turn left onto North Main Street Property is located at 139 N Main Street, Jonesboro, GA 30236
Standard status
Active
APN
13241B B004
Size
9,385 SF
Lot size
1.01 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
24760
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Flooring type
Carpet, Concrete, Tile
Building materials
Brick
Listing Agency:
The Real Estate Gallery of Georgia
(770) 217-7518
Listed By:
Altimese L Dees · License #258201
(678) 644-1712
Added: Jan 26
Changed: Oct 14
Last Checked: Oct 16 at 10:06AM
MLS# 10872295
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 139 N Main Street, this 9,385-square-foot brick office building was constructed in 1964 and sits on 1.007 acres. Interior finishes include carpet, concrete, and tile, with central heating and central air. The property also has a parking lot, a ramped accessible approach, public water and sewer, and cable availability. An existing long-term lease provides an income stream.
The building is in Jonesboro’s historic district, near county offices, courts, local businesses, and downtown amenities. Its H-1 zoning is subject to city requirements for permitted uses and design standards. Concepts identified for possible reuse include offices, a restaurant, an entertainment venue, medical or educational space, a gallery, or a mixed-use community use; any proposed use should be verified with the city.
The building is in Jonesboro’s historic district, near county offices, courts, local businesses, and downtown amenities. Its H-1 zoning is subject to city requirements for permitted uses and design standards. Concepts identified for possible reuse include offices, a restaurant, an entertainment venue, medical or educational space, a gallery, or a mixed-use community use; any proposed use should be verified with the city.
Key Highlights
- 9,385 square feet of office building area
- 1.007‑acre site
- H‑1 zoning in Jonesboro’s historic district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,675
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,500
$2.5M
Cap Rate 7%
$1,795,357
$1.8M
Cap Rate 9%
$1,396,389
$1.4M
Market Conditions
NOI Build-Up for 9,385 SF
Gross rent
$224.0K $23.87/SF
− Vacancy
−$56.5K −$6.02/SF
EGI
$167.6K $17.85/SF
− OpEx
−$41.9K −$4.46/SF
NOI
$125.7K $13.39/SF
Area
Clayton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,500
Cap Rate 7%
$1,795,357
Cap Rate 9%
$1,396,389
Alternative Uses
Best Use
Office B
$1.80M
$1.57M – $2.09M
NOI $125,675 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.30M – $3.06M
NOI $183,643 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The brick property includes a parking lot and an existing long-term lease income stream.
Where is this office building located?
The property is located at 139 N Main Street Jonesboro, GA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 9,385 square feet of office building area; 1.007‑acre site; H‑1 zoning in Jonesboro’s historic district
