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217 Broad St 14,633 SF 100% Leased Retail Building Rome, GA 30161 $1,988,000 ($135.86/SF)
EXECUTIVE SUMMARY
An exceptional opportunity awaits to own a piece of Historic Downtown Rome. This fully remodeled, income-producing property offers a rare combination of historic charm and modern convenience. The building includes seven fully leased residential apartments and a ground-level retail space, currently occupied, providing immediate and stable rental income. Designed with accessibility and comfort in mind, the property features an elevator and handicap lift, ensuring ease of access throughout. Residents and guests also enjoy a shared rooftop area, ideal for outdoor living and entertaining, complete with a bathroom and sweeping views of Downtown Rome. Located in one of the most sought-after areas of the city, this property presents a unique investment opportunity with long-term value. Due to tenant occupancy, all showings require an appointment. Please contact the listing agent for more information or to schedule a private tour. Starting 6/1/25, the 8 fully leased spaces will bring in $13,550 per month. There are shared expenses with the adjoining building, please contact for information.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,633 SF
Building Class
C
Year Built
1900
Price
$1,988,000
Price Per SF
$135.86
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.45
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
C3
Frontage
32’ on Broad St
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | J14D-047 | Total Assessment | $555,831 |
| Land Assessment | $20,070 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $535,761 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
J14D-047
Land Assessment
$20,070
Improvements Assessment
$535,761
Total Assessment
$555,831
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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217 Broad St
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