116 Broad St Monroe, GA 30655
- Turn key restaurants
- 4,844 SF
- 0.06 lot acres
Current Use by Public Records
- Monroe Police Department Administration / Police Department
- TACOS - N - BEER BAR AND GRILL / Mexican Restaurant
- Tacos-N-Beer Bar & Grill / Mexican Restaurant
Property Details for 116 Broad St
- Year built
- 1920
- Lot size
- 0.06 lot acres
- Property size
- 4,844 SF
- Zone code
- B2
- Property type
- Turn key restaurants
- APN
- M0140-157-A
- APU
- M0140157A
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.713
- Latitude
- 33.7952
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA