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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6 3Rd Ave Rome, GA 30161

3,600 SF Built 1879
Property ID
Property summary
AI-generated overview

This exceptional three-story brick building, located in the heart of Historic Downtown Rome, Georgia, presents a unique investment opportunity. Spanning approximately 3,600 square feet on a 1,177 square foot lot, this 20' x 60' property is currently being subdivided from a larger building at 250 Broad Street. The ground floor is occupied by a thriving hair salon under lease, while the upper two floors offer significant potential for renovation and redevelopment. The building, constructed in 1879, is zoned CBD (Central Business District), reflecting its prime location within Rome's vibrant commercial core. Note that this property adjoins another larger commercial building at 8 E. 3rd Ave (approximately 18,560 square feet), also available for purchase. A firewall will be required to fully separate this property. Access to the second and third floors is currently via the adjacent building, and utilities are not currently available on those floors. Showings are strictly by appointment only, with special arrangements for access to the ground floor tenant space. This property offers substantial upside in a thriving downtown area. The asking price is $290,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1879
Total area 3,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Roofers of Rome, LLC Roofing Company General Contractor
  • Wiyanna's Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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