About This Home

This 0-bedroom, 0-bathroom commercial at 242 N 5th Avenue SW #A, B, 226 in Rome, GA is listed for $575,000 ($131 per sqft). Built in 1951, the home offers 4,395 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1951
  • 0.21 acre lot
  • 10 parking spaces

Property Details

10 spaces
#A, B, 226
1951

Amenities

A/C
Listing Description

Outstanding mixed-use commercial investment opportunity in Rome's vibrant River District, just two blocks from Broad Street. This three-unit property features two leased units, including an attorney's office and a residential studio apartment, along with a large, vacant commercial office space formerly occupied by Realty ONE Group Edge.

The anchor unit offers potential rental income of $3,000 or more per month and may be divisible into two separate commercial units, creating a four-unit mixed-use investment property with additional income potential. Ideal for an owner-occupant seeking to establish a business while generating rental income or an investor looking to maximize the property's revenue potential.

Current zoning allows for continued mixed use. Strategically located in a desirable downtown corridor surrounded by retail, dining, riverfront attractions, and civic amenities. A compelling opportunity to acquire a versatile, income-producing property with significant upside in Rome's growing River District.

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

242 N 5th Avenue SW #A, B, 226

Rome, GA 30165

Property Details

Flooring

LaminateCarpet

Construction

Block Stucco

Parking

CoveredOn StreetParking Lot

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 242 N 5th Avenue SW is listed at $575,000 ($131/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 1951, 0.21 acre lot, 10 parking spaces.

This property is listed by Justin C Pollard.

JP

Justin C Pollard

Agent at Realty One Group Edge

Listed by Realty One Group Edge · Broker phone: (706) 528-1000 · Broker website

MLS# 10808763· Source: Georgia Multiple Listing Service· 103 days on PropertySimple

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

242 N 5th Avenue SW #A, B, 226, Rome, GA 30165

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