Convenience Store with
New
For Sale
$499,000
306 E 14th Street, Rome, GA 30161
Commercial Sale, Rome, GA
Property Size3,618 SF
Lot Size0.35 Acres
Price / SF$137.92
Days on Market5
Property Features for 306 E 14th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Lot features
City Lot, Corner Lot
Directions
From Maple St, go east on E 14th St, property is on the corner of E 14th and Spring Creek St.
Standard status
Active
APN
J14N 291
Size
3,618 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4798
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
1940
Building materials
Block
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Larry E Cagle
(706) 266-2359
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 7:06PM
MLS# 10873075
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.
An operating convenience store is offered with its business, buildings, and land as a three-parcel package. The recently refurbished store occupies a 3,618-square-foot property on 0.35 acres. The sale excludes inventory, and the store may also be leased.
Built in 1940, the building has block construction, natural gas heating, and electric cooling. Public water and sewer serve the property, cable is available, and parking is on street. The property is located in Rome, Georgia.
Built in 1940, the building has block construction, natural gas heating, and electric cooling. Public water and sewer serve the property, cable is available, and parking is on street. The property is located in Rome, Georgia.
Key Highlights
- Three‑parcel package includes the operating business, buildings, and land
- 3,618‑square‑foot property on 0.35 acres
- Recently refurbished convenience store; inventory is not included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,843
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,860
$796.9K
Cap Rate 7%
$569,186
$569.2K
Cap Rate 9%
$442,700
$442.7K
Market Conditions
NOI Build-Up for 3,618 SF
Gross rent
$57.7K $15.96/SF
− Vacancy
−$4.6K −$1.28/SF
EGI
$53.1K $14.68/SF
− OpEx
−$13.3K −$3.67/SF
NOI
$39.8K $11.01/SF
Area
Floyd County, GA
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,860
Cap Rate 7%
$569,186
Cap Rate 9%
$442,700
Alternative Uses
Best Use
Specialty Retail
$569.2K
$498.0K – $664.1K
NOI $39,843 @ 7.0% cap · market cap 7.98%
Second Best
Retail
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 4.52%
Theoretical Best
Healthcare Medical
$599.5K
$524.6K – $699.4K
NOI $41,966 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,612 visits/mo
0.5 miles
Dollar Tree
Shops & Services
8,813 visits/mo
0.4 miles
BP
Shops & Services
3,319 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,944 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- LUCKY'S FOOD MART — 107 E 12th St SE, Rome, GA 30161
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The package combines three parcels with the operating business, buildings, and land; inventory is excluded.
Where is this grocery and convenience store located?
The property is located at 306 E 14th Street Rome, 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: Three‑parcel package includes the operating business, buildings, and land; 3,618‑square‑foot property on 0.35 acres; Recently refurbished convenience store; inventory is not included
