Renovated Downtown Office
333 Alcovy Street Unit 5, Monroe, GA 30655
Renovated office building with reception, conference room, break room, and seven suites near downtown amenities.
Type:Office
Property size:
1,600 SFPrice / SF:
$203/SF- Added:
- Jun 9, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 24 at 4:57 am
Property Features for 333 Alcovy Street Unit 5
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Office
Building Details
- Year Built
- 1966
Listing office Malcom and Malcom Realty Prof, LLC.
Listing date Jun 9, 2026
Source Crexi
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 Malcom and Malcom Realty Prof, LLC.
HighLights
- Renovated commercial building built in 1966 with 1,600 SF of office space
- Reception area, conference room, and break room for day‑to‑day business use
- Seven versatile office suites with multiple workspace options
- Two bathrooms for employee and visitor convenience
- Connected parking lot with ample parking for employees and clients
Overview
This newly renovated commercial building offers approximately 1,600 square feet of office space arranged for day-to-day business use. The interior includes a reception area for greeting visitors, a spacious conference room for meetings, and a break room for staff. The layout also provides seven versatile office suites, along with two conveniently located bathrooms to support employees and guests. The building is designed to support multiple teams or professional functions within a single property.
Located in downtown Monroe, the property is described as benefiting from high visibility and foot traffic. Access is supported by an attached/connected parking lot with ample parking available for employees and clients.
The suite-based configuration makes the building a practical fit for professional users that want private offices alongside a shared front-of-house reception and meeting space. It may also suit buyers seeking an owner-occupied environment with multiple enclosed offices, supported by restrooms and a dedicated break room for tenant comfort.
Located in downtown Monroe, the property is described as benefiting from high visibility and foot traffic. Access is supported by an attached/connected parking lot with ample parking available for employees and clients.
The suite-based configuration makes the building a practical fit for professional users that want private offices alongside a shared front-of-house reception and meeting space. It may also suit buyers seeking an owner-occupied environment with multiple enclosed offices, supported by restrooms and a dedicated break room for tenant comfort.
Local Financial Insights For Office B
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 | $38.2k | $23.87 |
| − Vacancy | −$9.6k | −$6.02 |
| EGI | $28.6k | $17.85 |
| − OpEx | −$7.1k | −$4.46 |
| NOI | $21.4k | $13.39 |
1,600 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$306.1K
$267.8K – $357.1K
NOI $21,426 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.3K
$393.1K – $524.2K
NOI $31,450 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
T&T Auto Group
Car Dealership
Sierra Moore
Medical Clinic
Visitacion Mark P ...
Physician
Judith Delima
Pediatrician
AXIS Occupational Health
Occupational Health Service
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.716429
- Latitude
- 33.782972
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Renovated office building with reception, conference room, break room, and seven suites near downtown amenities.
Where is this office units located?
The property is located at 333 Alcovy Street Unit 5 Monroe, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Renovated commercial building built in 1966 with 1,600 SF of office space; Reception area, conference room, and break room for day‑to‑day business use; Seven versatile office suites with multiple workspace options
