10 E Broad ST Save Request In-Person Tour Request Virtual Tour
Newnan,GA 30263
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status New
Purchase Type For Sale
Square Footage 10,384 sqft
Price per Sqft $233
MLS Listing ID 10587242
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,937
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 8276.4
Property Sub-Type Commercial
Source Georgia MLS 2
Property Description
Classic 1950 brick storefront row in the heart of walkable downtown Newnan-steps to the Federal Courthouse, Post Office, Justice Center, and the landmark Coweta County Courthouse. Offered as two adjoining buildings totaling 10,384 SF across 10, 12, 14 & 16 E Broad St, this property delivers durable, downtown street presence with convenient public parking along Broad, side streets, and several nearby city lots. Current configurations feature high ceilings and open floor plans that make future re-tenanting or creative office/retail concepts straightforward. Parcels: N01 0008 008 & N01 0008 009. Built-in income with diversified tenancy: 10/12/14 E Broad ( 6,608 SF) is leased to a framing shop, janitorial company, and law firm; 16 E Broad ( 3,776 SF) is leased to a bank-providing a balanced blend of service retail and professional uses. For investors, the location, vintage character, and flexible layouts create a clear value-add path: several suites present mark-to-market potential over time and strategic enhancements (branding/signage, interior updates, and merchandising the storefronts) could support stronger effective rents upon renewal or turnover. Buyers should verify their pro forma; no income is guaranteed-however, this submarket's foot traffic and courthouse-adjacent dynamics position the asset for rent growth as leases naturally roll. Ideal 1031 or portfolio hold: stable cash flow today with upside, multiple storefronts for phased execution, and a Main Street address that will remain relevant. Shown by appointment only; please do not disturb tenants.
Location
State GA
County Coweta
Zoning X
Interior
Heating Other
Cooling Central Air
Flooring Other
Fireplace No
Exterior
Parking Features Other,On Street
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities
View Y/N No
Roof Type Other
Garage No
Private Pool No
Building
Lot Description Corner Lot,Level
Faces Located just off the square in Downtown Newnan GA. Your GPS will direct you conveintly to the front door.
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Tax ID N01 0008 008
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Resale