1±-Acre Commercial Corner with Commercial Building, (2) Homes, and Garage Apartment in Rome, Floyd County, GA Auction

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Description

1±-Acre Commercial Corner with Commercial Building, (2) Homes, and Garage Apartment in Rome, Floyd County, GA Auction

Thursday, July 16th at 2:04 pm ET

232 Glenn Milner Blvd, Rome, GA 30161

Live simulcast auction with online bidding. 

 

1±-Acre Commercial Corner on Shorter Avenue

Commercial Building – Two Single-Family Homes – Garage Apartment

Rome, Floyd County, Georgia

Selling in Tracts, Combinations of Tracts, or as a Whole

 

Property Video

 

Dempsey Auction is pleased to present this versatile 1±-acre commercial offering located along heavily traveled Shorter Avenue in Rome, Georgia. The property includes a commercial building, two single-family residences, and a garage apartment, providing a unique combination of commercial visibility, existing rental income, and future redevelopment potential.

All three parcels are zoned Community Commercial (CC) and are served by public sewer, water, and natural gas. Buyers may purchase the properties individually, in combinations, or as a whole, creating flexibility for investors, business owners, developers, or those seeking an income-producing commercial assemblage.

 

1800 Shorter Avenue (H13I 007):

Located on a prominent corner lot fronting Shorter Avenue, this property features a 1,400± square-foot metal commercial building with excellent visibility and convenient access. The building was previously leased for $2,200 per month, demonstrating its income-producing potential along one of Rome’s established commercial corridors.

-1,400± SF metal commercial building

-High-visibility corner lot

-Frontage along Shorter Avenue

-Zoned CC

-Previous rent: $2,200 per month

-Annual taxes: $3,445

-Public sewer, water, and natural gas

 

3 Watson Street (H13I 008):

This well-positioned residential investment property features a 3-bedroom, 2-bath brick home situated on a large lot. The residence includes central heating and air conditioning and is currently rented for $825 per month.

-3 bedrooms and 2 bathrooms

-Brick construction

-Central heat and air

-Large lot

-Zoned CC

-Current rent: $825 per month

-Annual taxes: $1,798

-Public sewer, water, and natural gas

 

5 & 7 Watson Street (H13I 009):

This offering includes a 2-bedroom, 2-bath home and a separate 2-bedroom, 1-bath garage apartment, both equipped with central heating and air conditioning. The improvements are situated on a large fenced lot and currently generate a combined rental income of $1,700 per month.

-2-bedroom, 2-bath single-family home

-2-bedroom, 1-bath garage apartment

-Central heat and air in both residences

-Large fenced lot

-Zoned CC

-Combined rent: $1,700 per month

-Annual taxes: $1,942

-Public sewer, water, and natural gas

 

Together, the residential properties currently generate $2,525 per month, with additional income potential from the Shorter Avenue commercial building. Whether purchased for continued rental income, owner occupancy, commercial use, or future redevelopment, this offering provides exceptional flexibility in a convenient Rome location.

 

PROJECT MANAGER: Lou Dempsey – 770.546.2800 – ldempsey@dempseyauction.com

SALE SITE: All Property to be SOLD from The Exchange at Dempsey Auction, 232 Glenn Milner Blvd, Rome, GA.

BIDDING: This auction will be conducted in a Live/Simulcast format, giving bidders the flexibility to participate in person or online, whichever is most convenient.

ONLINE BIDDING: Online Participation/Bidding will be available for the Real Estate through our Online MarkNet Platform.

OPEN HOUSE: These properties are currently rented, and out of respect for the tenants, PLEASE contact our office for inspection availability, if possible – at least 48 hours prior.

TERMS: 10% down on Sale Day with a balance due on or before 30 days from the above date. 10% Buyer’s premium will be charged on all purchases.

CLOSING: Closing to be on or before 30 days from sale date. Closing to be handled by Mr. Ted Corwin, Brumlow, Corwin & Delashmit Law Firm, Rome, GA.

BROKER PARTICIPATION: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS.

For plats, brochures, rental roles, surveys/tax maps, or additional sales information on this auction, call us by name at 1.800.DEMPSEY (800.336.7739).

Auctioneer

Dempsey Auction Company

232 Glenn Milner Boulevard
Rome, GA 30161

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Phone Number
706-291-0746
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