Advertise
    Property profile

    223 S Madison Ave Monroe, GA 30655

    FOR SALE
    Office buildings
    Property ID
    US22-1600898
    Entity Owned 2-yr Hold
    Saved · see the list in your Dashboard
    223 S Madison Ave, Monroe, GA 30655 For Sale 1 / 22
    $314,900
    223 S Madison Ave, Monroe, GA 30655
    View Listing →

    Property summary

    AI-generated overview

    The property is a stand-alone historic home constructed in the 1930s, located in Downtown Monroe near the U.S. Post Office and close to the Town Green. It includes off-street parking and a parking lot with handicap-ramp access to a rear entrance. City utilities are connected, with services including power, water, sewer, trash, internet, and phone. The layout features a front porch and a setting within a walkable commercial district that includes nearby dining, retail, private gyms, and a spa.

    Property profile

    Verified
    Property type Office buildings
    UPID US22-1600898

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Accounting Firm Tax Preparation
    1 occupant on record

    Location

    223 S Madison Ave Monroe, GA 30655
    Monroe metro
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request

    Owner & transaction history

    since 2024
    3 recorded transactions
    2024
    Price N/A
    2024
    $300,000
    2023
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $314,900
      1,874 SF
      Historic Office Building
      Standalone office property with a broad front porch, parking lot, and convenient public utility service.
      223 S Madison Avenue, Monroe, GA 30655
      View Details
    • New
      $304,900
      Office Suite in Office Building
      Office suite at 155 Bankers Boulevard, accessed via Bankers Blvd and positioned at a 4-way stop intersection.
      155 Bankers Boulevard E200, Monroe, GA 30655
      View Details
    • New
      $325,000
      1,600 SF
      Downtown Office Building with Suites
      Newly renovated office building with a reception area, conference room, break room, and multiple office suites in downtown Monroe.
      5-333 Alcovy St, Monroe, GA 30655
      View Details
    • New
      Contact for pricing
      Outparcel in Busy Shopping Area
      Commercial outparcel in a high-traffic shopping area near hospital.
      2180 W Spring St, Monroe, GA 30655
      View Details
    • $1,450,000
      Downtown Monroe Mixed-Use Building
      Renovated mixed-use building in downtown Monroe with multiple potential uses.
      110 N Broad Street, Monroe, GA 30655
      View Details
    • New
      Contact for pricing
      10,000 SF
      Office and Industrial Space Available
      10,000 SqFt office and industrial space for sale.
      847 Adamson Drive, Monroe, GA 30655
      View Details

    Similar Nearby for Sale

    • $314,900
      1,874 SF
      Historic Office Building
      Standalone office property with a broad front porch, parking lot, and convenient public utility service.
      223 S Madison Avenue, Monroe, GA 30655
      View Details
    • New
      $304,900
      Office Suite in Office Building
      Office suite at 155 Bankers Boulevard, accessed via Bankers Blvd and positioned at a 4-way stop intersection.
      155 Bankers Boulevard E200, Monroe, GA 30655
      View Details
    • New
      $325,000
      1,600 SF
      Downtown Office Building with Suites
      Newly renovated office building with a reception area, conference room, break room, and multiple office suites in downtown Monroe.
      5-333 Alcovy St, Monroe, GA 30655
      View Details
    • New
      Contact for pricing
      Outparcel in Busy Shopping Area
      Commercial outparcel in a high-traffic shopping area near hospital.
      2180 W Spring St, Monroe, GA 30655
      View Details
    • $1,450,000
      Downtown Monroe Mixed-Use Building
      Renovated mixed-use building in downtown Monroe with multiple potential uses.
      110 N Broad Street, Monroe, GA 30655
      View Details
    • New
      Contact for pricing
      10,000 SF
      Office and Industrial Space Available
      10,000 SqFt office and industrial space for sale.
      847 Adamson Drive, Monroe, GA 30655
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      800 sqft
      Historic Office Space for Lease
      Executive offices in historic building with shared amenities available for lease.
      1994 New Hope Church Road, Monroe, GA 30655
      View Details
    • $900/Mo
      Brick Shopping Center Suites
      Flexible commercial suites offer individual entrances, display windows, covered sidewalks, and customer parking.
      230 N Hammond Drive N, Monroe, GA 30655
      View Details
    • New
      $3,030/Mo
      Flexible Office Units with Private Offices
      Professional office units feature private rooms, collaborative workspace, updated restrooms, and a break room near downtown Monroe.
      250-120 2nd St, Monroe, GA 30655
      View Details
    • Contact for pricing
      3,142 sqft
      Medical/Office Suites in Monroe, GA
      Class A suites available for lease in Monroe, GA.
      705 Breedlove Drive, Monroe, GA 30655
      View Details
    • $900/Mo
      Brick Shopping Center Suites
      Commercial suites feature private entrances, display windows, covered sidewalks, and customer parking.
      230 N Hammond Drive N, Monroe, GA 30655
      View Details
    • Contact for pricing
      Retail Space with Storefront Entrance
      Shopping center suite with display windows, natural light, and customer parking for retail or professional commercial use.
      230 N Hammond Drive N Unit 230C, Monroe, GA 30655
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    223 S Madison Ave, Monroe, GA, 30655
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!