Convenience Store With
For Sale
$375,000
107 , Rome, GA 30161
Operational food and beverage retail property with storage, equipment, and an additional outbuilding near downtown Rome.
Property Size1,960 SF
Price / SF$229.78
Days on Market64
Property Features for 107
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Amenities
0.41 acres, City Lot, Level
Public Sewer
Parcel Number: J14L 163, Annual Amount: $1,193.08, Year: 25
Central Air
Central
Listing ID: 10819329, Standard Status: Active, MLS Status: Price Change, On market as of 2026-08-05, 47 days on market
Parking Lot
Built in 1960, Construction Materials: Brick
County/Parish: Floyd
Resale
Electricity Available, High Speed Internet, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Building Details
Building Size
1,960 SF
Year Built
1960
Listing Agency:
Elite Group Georgia
(706) 784-4147
Listed By:
Kaylyn Nichole Hernandez · License #451695
(864) 920-0303
Source:
Blackstreaminternational
Added: Aug 5
Changed: Oct 6
Last Checked: Oct 5 at 6:53PM
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 Elite Group Georgia
Investment Insights
Based on property information with market context.
This grocery and convenience store property includes a 1,632-square-foot main retail area, a full basement, and an additional approximately 400 square foot building. Existing coolers and shelving are included, along with an active business license. The layout supports continued food and beverage retail use, with basement and outbuilding space available for storage, office functions, or other business-related needs.
Built in 1960, the property is located at 107 E Main Street SW in Rome, Georgia, just minutes from downtown Rome. The sale includes the real estate and the existing operational business, providing a defined retail setup with supporting improvements already in place.
Built in 1960, the property is located at 107 E Main Street SW in Rome, Georgia, just minutes from downtown Rome. The sale includes the real estate and the existing operational business, providing a defined retail setup with supporting improvements already in place.
Key Highlights
- 1,632‑square‑foot main retail space
- Full basement provides additional storage space
- Additional approximately 400 square foot building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,972
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,440
$359.4K
Cap Rate 7%
$256,743
$256.7K
Cap Rate 9%
$199,689
$199.7K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$26.0K $15.96/SF
− Vacancy
−$2.1K −$1.28/SF
EGI
$24.0K $14.68/SF
− OpEx
−$6.0K −$3.67/SF
NOI
$18.0K $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%
$359,440
Cap Rate 7%
$256,743
Cap Rate 9%
$199,689
Alternative Uses
Best Use
Specialty Retail
$256.7K
$224.7K – $299.5K
NOI $17,972 @ 7.0% cap · market cap 4.79%
Second Best
Retail
$145.5K
$127.3K – $169.7K
NOI $10,184 @ 7.0% cap · market cap 2.72%
Theoretical Best
Healthcare Medical
$270.4K
$236.6K – $315.5K
NOI $18,930 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Beauty & Spa 100%
Merle Norman Cosmetic Studio
Beauty & Spa
1,159 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
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- LUCKY'S FOOD MART — 107 E 12th St SE, Rome, GA 30161
- Diversitex — at, GA-101 & E 4th St, Rome, GA 30161
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operational food and beverage retail property with storage, equipment, and an additional outbuilding near downtown Rome.
Where is this grocery and convenience store located?
The property is located at 107 Rome, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,632‑square‑foot main retail space; Full basement provides additional storage space; Additional approximately 400 square foot building
