129 Broad St Monroe, GA 30655-1869
- Office Properties & Spaces
- 5,496 SF
- 0.38 lot acres
Current Use by Public Records
- Morton James / Furniture Store / Gift Shop
- Southern Pro Contracting, Inc. / General Contractor
Property Details for 129 Broad St
- Year built
- 1920
- Construction
- CONCRETE
- Lot size
- 0.38 lot acres
- Property size
- 5,496 SF
- Zone code
- B2
- Property type
- Office Properties & Spaces
- APN
- M0140-057
- APU
- M0140057
Description
This exceptional 250-square-foot executive office suite is available for lease in the historic Eulalia Building, located in the heart of downtown Monroe. Built in 1920, this single-tenant space offers convenient access from both Wayne Street and N Broad Street, providing excellent visibility and accessibility. The suite is part of a larger building with shared amenities, including a break room, two restrooms, and a conference room, all included in the lease rate. Utilities are also included, simplifying budgeting and administration. The building features secure access via door code, and each office has its own individual key for added privacy and security. The B2 zoning allows for a variety of uses, making this space ideal for a startup company, small business, or a small retail operation seeking a prime downtown location. The efficient layout and shared amenities create a collaborative yet private work environment. This property presents a unique opportunity to establish a presence in a thriving downtown community. The building consists of one structure with a total of 250 square feet, all of which is currently vacant. The property's APN is M0140057, located in Walton County. This is a single-tenant space, perfect for those seeking a focused and efficient workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,220,000
- 7%
- $1,235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,155,000
- Geo Method
- $1,205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,490,000
- Retail
- $1,485,000
- Mixed-Use
- $1,290,000
- Hospitality
- $1,330,000
- Educational
- $1,295,000
- Residential Income
- $1,355,000
- Energy
- $1,095,000
- Income-Based Land
- $1,125,000
- Food Service
- $1,455,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.7138
- Latitude
- 33.7955
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA