Historic Mixed-Use Office
For Sale
Contact for pricing
212 North Erwin Street, Cartersville, GA 30120
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 Market164
Property Features for 212 North Erwin Street
General Information
Standard status
Active
Size
2,505 SF
Total Parking Spaces
7
Lot size
0.68 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
M-U (Multiple-Use)
Additional Details
Office Units
6
Building Details
Stories
2
Listing Agency:
SugarOak Realty, LLC
Listed By:
John Simpson · License #GA
Source:
Crexi
Added: May 11
Changed: Oct 15
Last Checked: Oct 20 at 5:33PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,234
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,680
$704.7K
Cap Rate 7%
$503,343
$503.3K
Cap Rate 9%
$391,489
$391.5K
Market Conditions
NOI Build-Up for 2,505 SF
Gross rent
$55.0K $21.96/SF
− Vacancy
−$4.7K −$1.87/SF
EGI
$50.3K $20.09/SF
− OpEx
−$15.1K −$6.03/SF
NOI
$35.2K $14.07/SF
Area
Bartow County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,680
Cap Rate 7%
$503,343
Cap Rate 9%
$391,489
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 authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
1,410
Businesses Nearby
Explore this area
Business Placement
Demographics for 30120, GA
42,702
Population
16,778
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
93.0 sq mi
ZIP Area
459
Density / Sq Mi
$83,892
Median Household Income
$44,948
Median Earnings
$1,205
Median Rent
$276,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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
