About This Home

This 0-bedroom, 0-bathroom commercial at 242 N 5th Avenue SW in Rome, GA is listed for $650,000 ($148 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 building in Rome's vibrant River District, just two blocks from Broad Street. Two of Three Units Leased: Large Commercial Office to be vacant (commercial office), an attorney's office, and a residential studio apartment.

Current zoning allows for continued mixed use or future redevelopment. Realty ONE Group Edge, the anchor tenant, is flexible regarding occupancy-ideal for a buyer wanting to occupy all or part of the largest unit in the building while maintaining rental income. Located in a strong demand corridor with long-term appreciation potential and surrounded by retail, dining, riverfront, and civic attractions. A rare opportunity in one of Rome's hottest districts.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

242 N 5th Avenue SW

Rome, GA 30165

Property Details

Flooring

CarpetLaminate

Construction

Block Stucco

Parking

On StreetCoveredParking Lot

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 242 N 5th Avenue SW is listed at $650,000 ($148/sqft). The estimated monthly payment is $3,477 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 and can be reached at 7068027458.

JP

Justin C Pollard

Agent at Realty One Group Edge

(706) 802-7458

Listed by Realty One Group Edge

MLS# 10808763· Source: listhub· 2 days on market

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242 N 5th Avenue SW, Rome, GA 30165

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