Upstairs Office
For Sale
Contact for pricing
203 E 8th Street SW #TWO, Rome, GA 30161
Upstairs office spaces offer shared kitchen and full bathroom for tenant use.
Property Size1,901 SF
Price / SF$0.30
Days on Market107
Property Features for 203 E 8th Street SW #TWO
General Information
Standard status
Active
Size
1,901 SF
Property subtype
Commercial
Amenities
shared full bathroom
shared kitchen
City Lot, Level
Composition
Public Sewer
Parcel Number: J14G 025
Central Air
Central
Listing ID: 10806305, Standard Status: Active, MLS Status: Active, On market as of 2026-07-15, 105 days on market
12 total parking spaces, Parking Lot, Paved
Built in 1901, Construction Materials: Frame, Wood Siding
County/Parish: Floyd
Fixer
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
1,901 SF
Year Built
1901
Listing Agency:
Shannon & Shannon Realty, Inc.
(770) 466-1838
Listed By:
Connie D Shannon · License #208385
(770) 527-2555
Source:
Blackstreaminternational
Added: Jul 15
Changed: Oct 28
Last Checked: Oct 28 at 8:16AM
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 Shannon & Shannon Realty, Inc.
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Investment Insights
Based on property information with market context.
This offering includes upstairs office spaces configured for tenant occupancy, with a shared full bathroom and shared kitchen provided for use. The spaces are presented as separate office units suitable for small office operations.
The property is located at 203 E 8th Street SW Unit TWO in Rome, GA 30161.
This is a for-sale transaction presented for upstairs office leasing use, with access to the shared restroom and kitchen amenities.
The property is located at 203 E 8th Street SW Unit TWO in Rome, GA 30161.
This is a for-sale transaction presented for upstairs office leasing use, with access to the shared restroom and kitchen amenities.
Key Highlights
- Year built: 1901
- Upstairs office spaces available for lease
- Shared full bathroom available for tenant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,519
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,380
$350.4K
Cap Rate 7%
$250,271
$250.3K
Cap Rate 9%
$194,656
$194.7K
Market Conditions
NOI Build-Up for 2,133 SF
Gross rent
$29.9K $14.04/SF
− Vacancy
−$6.6K −$3.09/SF
EGI
$23.4K $10.95/SF
− OpEx
−$5.8K −$2.74/SF
NOI
$17.5K $8.21/SF
Area
Floyd County, GA
Vacancy
22.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,380
Cap Rate 7%
$250,271
Cap Rate 9%
$194,656
Alternative Uses
Best Use
Office B
$250.3K
$219.0K – $292.0K
NOI $17,519 @ 7.0% cap · market cap 2,695.23%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$353.4K
$309.3K – $412.4K
NOI $24,741 @ 7.0% cap · market cap 3,806.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
722
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Upstairs office spaces offer shared kitchen and full bathroom for tenant use.
Where is this office unit located?
The property is located at 203 E 8th Street SW #TWO Rome, GA.
What are key features of this property?
This property features: Year built: 1901; Upstairs office spaces available for lease; Shared full bathroom available for tenant use
