Historic Retail Building with
39 S Public Square Cartersville, GA 30120
39 S Public Square, Cartersville, GA, 30120
$1,600,000
For Sale
$1,600,000
Historic downtown retail building with 40 feet of store frontage, canopy, large glass openings, and rear pub plus warehouse/office space.
Property Size4,145 SF
Price / SF$386.01
Days on Market208
Property Features for 39 S Public Square
General Information
- Standard status
- Active
- Size
- 4,145 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
Lakepoint Realty Group
(678) 986-5647
Listed by
Patricia Sullivan
(678) 986-5647
Source
Xome
Added: Dec 26, 2025 Updated: Jul 22 at 2:17AM Checked: Jul 22 at 2:17AM
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 Lakepoint Realty Group
Investment Insights
Based on property information with market context.
The Southern Cove Building is a historic retail property originally built in 1900 and effectively rebuilt in 1990. The building features 40 feet of retail store frontage with a classic canopy, expansive glass windows and doors, and soaring ceilings designed for an open retail environment. Along the rear walls, there is a pub area, and additional warehouse and office space is separated by a door for privacy and back-office operations.
Located in Historic Downtown Cartersville on the downtown square, the property is positioned in a high-visibility destination that welcomes 2.5 million visitors annually for shopping, dining, museums, the farmers market, and community festivals.
The overall layout combines front retail with a pub along the rear and separate warehouse/office space connected through the interior, supporting both customer-facing and operations-focused use within one building.
Located in Historic Downtown Cartersville on the downtown square, the property is positioned in a high-visibility destination that welcomes 2.5 million visitors annually for shopping, dining, museums, the farmers market, and community festivals.
The overall layout combines front retail with a pub along the rear and separate warehouse/office space connected through the interior, supporting both customer-facing and operations-focused use within one building.
Key Highlights
- Historic downtown retail building with 40 ft of store frontage, classic canopy, and expansive glass windows and doors
- Originally built in 1900 and effectively rebuilt in 1990
- Includes rear pub area plus separated warehouse/office space via a door for back operations
Local Financial Insights For Specialty 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 | $95.5k | $23.04 |
| − Vacancy | −$6.7k | −$1.61 |
| EGI | $88.8k | $21.43 |
| − OpEx | −$22.2k | −$5.36 |
| NOI | $66.6k | $16.07 |
4,145 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$951.6K
$832.7K – $1.11M
NOI $66,612 @ 7.0% cap · market cap 4.16%
Second Best
Retail
$832.9K
$728.8K – $971.7K
NOI $58,301 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,474 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Historic downtown retail building with 40 feet of store frontage, canopy, large glass openings, and rear pub plus warehouse/office space.
Where is this storefront property located?
The property is located at 39 S Public Square Cartersville, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Historic downtown retail building with 40 ft of store frontage, classic canopy, and expansive glass windows and doors; Originally built in 1900 and effectively rebuilt in 1990; Includes rear pub area plus separated warehouse/office space via a door for back operations
