Homes for sale - 10 E Broad ST, Newnan, GA 30263

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,384 sqft

Price per Sqft $233

MLS Listing ID 7635104

Year Built 1900

Annual Tax Amount $5,937

Tax Year 2024

Lot Size 8,276 Sqft

Property Sub-Type Business

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

Rooms

Other Rooms None

Interior

Heating Other

Cooling Central Air

Flooring None

Equipment None

Exterior

Parking Features On Street

Fence None

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities

Waterfront Description None

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Corner Lot,Level,Other

Story Two

Foundation See Remarks

Sewer Public Sewer

Water Public

Structure Type Brick 4 Sides

Others

Acceptable Financing Cash

Listing Terms Cash