8 3rd Ave Rome, GA 30161-3260
This exceptional retail property at 8 E 3rd Ave, Rome, GA 30161, presents a unique investment opportunity. The building, constructed in 1910, boasts a substantial 18,516 square feet across three stories, situated on a 9,148 square foot lot. Currently zoned C-B-C, the property offers significant upside potential. The ground floor is fully finished and currently leased; rental details are available upon request. The upper two floors are unfinished, providing a blank canvas for a visionary developer to customize to their specific needs and create additional income streams. This presents a rare chance to acquire a historic building in a desirable location with the potential for substantial returns. The property's prime location in Rome, Floyd County, Georgia, offers excellent visibility and accessibility. The building's substantial size and flexible zoning provide ample opportunity for a variety of retail uses. This is an ideal investment for an entrepreneur seeking a high-impact project with significant long-term growth potential. Don't miss this chance to acquire a piece of Rome's history and shape its future. Asking price is $1,250,000.
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State Farm Insurance Agency Insurance Agency
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
C-B-C · Rome, GARome. Always verify with local authorities before improvements.
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.