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    1208 Broad St Rome, GA 30161

    Sponsored
    For Sale
    $814,900

    Prime location, high traffic, endless potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 1208 N Broad Street in Rome, Georgia, presents a unique investment opportunity. Boasting a spectacular six-year, foundation-up renovation, this nearly 100-year-old property offers over 330 feet of prime street frontage on three sides, situated on a rare, level 0.3-acre lot. The main building, a substantial single-family home, features a modern layout while retaining historical charm. Highlights include a dining room seating 16+, a library lounge, a large private study, and abundant natural light. The master suite includes a massive closet and a spa-like bathroom with custom white marble. A chef's kitchen, equipped with industrial-grade appliances, is ideal for catering or large-scale entertaining. The property also includes a two-bedroom guest house (requiring some renovation) and a solar power plant, offering potential for additional income. The property benefits from NOC zoning, allowing for live/work arrangements and various mixed-use developments. Located in a high-traffic area with over 12,000 cars passing daily, this property is surrounded by new developments, including a Hilton hotel and numerous townhomes and apartments. The asking price is $814,900. Adjacent lot also available for purchase. This property is perfect for a bed and breakfast, attorney's office, restaurant, or redevelopment into townhomes or other commercial ventures. Its prime location, high traffic count, and flexible zoning make it an exceptional investment opportunity.

    Property Features for 1208 Broad St

    General Information

    Property type
    Restaurants
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1930
    Buildings
    2

    HighLights

    • Exceptional mixed‑use property at 1208 N Broad Street, Rome, GA, with over 330 feet of street frontage on a 0.3‑acre lot.
    • Recently renovated (six years ago) nearly 100‑year‑old main building, a single‑family home with modern layout and historical charm.
    • Features include a large dining room, library lounge, private study, chef's kitchen with industrial‑grade appliances, and a master suite with spa‑like bathroom.
    • Includes a two‑bedroom guest house (needs renovation) and a solar power plant.
    • NOC zoning allows live/work arrangements and various mixed‑use developments; high‑traffic location (12,000+ cars daily) near new developments.
    • Asking price: $814,900; adjacent lot available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd - GA
    State
    Georgia
    Longitude
    -85.1586101
    Latitude
    34.2619923

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, endless potential
    Where is this restaurant located?
    The property is located at 1208 Broad St Rome, GA.
    What is the asking price?
    The asking price for this property is $814,900.
    What are key features of this property?
    This property features: Exceptional mixed-use property at 1208 N Broad Street, Rome, GA, with over 330 feet of street frontage on a 0.3-acre lot.; Recently renovated (six years ago) nearly 100-year-old main building, a single-family home with modern layout and historical charm.; Features include a large dining room, library lounge, private study, chef's kitchen with industrial-grade appliances, and a master suite with spa-like bathroom.
    Request Owner's contact information
    1208 Broad St Rome, GA 30161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1208 Broad St Rome, GA 30161
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