Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
j. C-B-C Central Business Commercial (1) Within C-B-C Central Business Commercial District the most intensive use of land is permitted in combination with a variety of commercial and residential uses. The district is int…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-B-C · Rome, GAj. C-B-C Central Business Commercial (1) Within C-B-C Central Business Commercial District the most intensive use of land is permitted in combination with a variety of commercial and residential uses. The district is int…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
j. C-B-C Central Business Commercial (1) Within C-B-C Central Business Commercial District the most intensive use of land is permitted in combination with a variety of commercial and residential uses. The district is int…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-B-C in Rome, GA.
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