About This Home
This 0-bedroom, 0-bathroom commercial at 16 E 3 rd Avenue in Rome, GA is listed for $575,000 ($174 per sqft). Built in 1875, the home offers 3,300 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1875
- 0.04 acre lot
- 2 parking spaces
Property Details
Don't miss the chance to own a piece of history and bring your vision to life! Each building includes all three floors, offering versatility and investment potential. *Commercial Unit on the first floor - perfect for retail, office, or restaurant space.
*Upper Floors - endless opportunities to create residential lofts, luxury condos, or additional commercial space. *Approx. 1,100 sq. ft. per floor - totaling over 3,300 sq. ft. per building. Tall ceilings make the space even more spacious. **2 parking spaces are included on the rear.** The intent of the remodel is to provide the new owner with a cl
ean slate that has uncovered and remedied all the existing underlying issues within the building while leaving all interior finishes, interior mechanical and electrical systems, architectural layout and design, to the new owner. Each unit will have an independent roof, gutter system and downspout.
New 60 mil TPO roof has been installed with insulation on top of the exciting roof deck. New exterior paint has given this building a whole new look. All new storefront. New Marvin windows have been installed on the front. Interior- All ceilings, plaster and asbestos have been removed leaving exposed joists, rafters, and brick.
All previous flooring has been removed and new subfloor installed on 1st floor. A new exterior door and staircase from sidewalk to second floor on the exterior of the building. Rough framing to separate the buildings from each other with a 2x6 stud wall and plywood to separate the units.
Two electrical meters being installed (no electrical run from the panel). New fire sprinkler line to be installed in the crawlspace, each building monitored separately. As a residential space, it can easily accommodate 3-4 bedrooms on the 2nd-3rd floor. Unlike the other units, this unit has a windows on the side of the second and third floor. This gives this unit a perfect space for your personal residence. Projected completion is November 2026
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16 E 3 rd Avenue
Rome, GA 30161
Property Details
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 16 E 3 rd Avenue is listed at $575,000 ($174/sqft). The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1875, 0.04 acre lot, 2 parking spaces.
This property is listed by Michelle Cochran and can be reached at 7063073570.
