116 Broad St Monroe, GA 30655-1842
This exceptional mixed-use property, located at 116 S Broad Street in the heart of Monroe, GA, presents a unique investment opportunity. Situated directly across from the Historic Monroe Courthouse, this prominent building boasts high visibility and benefits from the bustling activity of downtown Monroe. The 0.28-acre lot offers significant potential for a variety of uses, including retail, restaurant, or other commercial ventures. The building's central location places it amidst a vibrant collection of established businesses, including The Roe, Rinse Co., Addison's Wonderland, The Brown Fig, The Monroe Mercantile, Scoops, The Blue Rooster, LR Burger, Strange Taco, and High Voltage Wings, ensuring high foot traffic and exposure. Downtown Monroe's thriving atmosphere is further enhanced by numerous community events, such as the Annual Car Show, Fall Festival, Monroe Blooms Festival, First Friday Summer Concerts, and Seasonal Parades, attracting upwards of 10,000 attendees at many of these events. This active community, supported by a dedicated Development Authority, provides a strong foundation for business success. The lease rate is flexible and will be determined based on the tenant's specific build-out requirements and intended use of the space. This historic building offers an unparalleled chance to establish a thriving business in a vibrant and supportive downtown environment. The monthly lease rate varies depending on the square footage needed.
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Monroe Police Department Administration Police Department
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TACOS - N - BEER BAR AND GRILL Restaurant
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Tacos-N-Beer Bar & Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Monroe, GAMonroe. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.