Historic Mixed-Use Office
212 North Erwin Street Cartersville, GA 30120
212 North Erwin Street, Cartersville, GA, 30120
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For Sale
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Historic office building with 6 private offices, conference room, open work area, kitchen, and 2 bathrooms with showers.
Property Size2,505 SF
Lot Size0.68 Acres
Price / SF$199.20
Days on Market72
Property Features for 212 North Erwin Street
General Information
- Standard status
- Active
- Size
- 2,505 SF
- Lot size
- 0.68 Acres
- Property subtype
- Retail, Office, Mixed Use
Listing agency
SugarOak Realty, LLC
Listed by
John Simpson · License #GA
Source
Crexi
Added: May 11 Updated: Jul 21 at 12:06AM Checked: Jul 21 at 4:23AM
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 SugarOak Realty, LLC
Investment Insights
Based on property information with market context.
This historic property offers 2,505 rentable square feet and a functional interior layout for professional use or adaptive reuse. The space includes six private offices, one conference room, an open work area, a full kitchen, and two bathrooms with showers, supporting day-to-day workflow and flexible occupancy.
The property is situated on approximately 0.68 acres and is zoned M-U (Multiple-Use). That zoning designation allows for professional, retail, and residential uses, providing multiple paths for owner-users and investors depending on their intended concept.
For a buyer or tenant group seeking a character-rich building with a straightforward office configuration and multi-use zoning, this property offers a versatile option in a quiet, professional setting.
The property is situated on approximately 0.68 acres and is zoned M-U (Multiple-Use). That zoning designation allows for professional, retail, and residential uses, providing multiple paths for owner-users and investors depending on their intended concept.
For a buyer or tenant group seeking a character-rich building with a straightforward office configuration and multi-use zoning, this property offers a versatile option in a quiet, professional setting.
Key Highlights
- Approximately 2,505 rentable SF historic office building on about 0.68 acres
- Interior layout includes 6 private offices, 1 conference room, and an open work area
- Amenities include a full kitchen and 2 bathrooms with showers
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 | $55.0k | $21.96 |
| − Vacancy | −$4.7k | −$1.87 |
| EGI | $50.3k | $20.09 |
| − OpEx | −$15.1k | −$6.03 |
| NOI | $35.2k | $14.07 |
2,505 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$503.3K
$440.4K – $587.2K
NOI $35,234 @ 7.0% cap · market cap 7.06%
Second Best
Office B
$479.2K
$419.3K – $559.1K
NOI $33,545 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$703.4K
$615.5K – $820.6K
NOI $49,238 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Historic office building with 6 private offices, conference room, open work area, kitchen, and 2 bathrooms with showers.
Where is this office building located?
The property is located at 212 North Erwin Street Cartersville, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 2,505 rentable SF historic office building on about 0.68 acres; Interior layout includes 6 private offices, 1 conference room, and an open work area; Amenities include a full kitchen and 2 bathrooms with showers
