242 N 5th Avenue SW #A, B, 226, Rome, GA 30165 - Photo 1

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$585,000 -$15,000 (-2.5%) Price Reduced

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Office

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Property 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.

Full Property Details

Full Property Details for 242 N 5th Ave SW #A, B, 226

General

Price: $585,000
Taxes: $7,757 (2024)
Status: Active
Type: Office
Source: GAMLS_Atlanta
MLS ID: 10808763
Updated: 9/19/2026
Added to Site: 62 day(s) ago

Business

Business Type: Education/School, Food & Beverage, Other, Profess
Includes: Building & Land

Interior

Flooring: Carpet, Laminate

Location

County: Floyd
Driving Directions: Located Twos Block from Broad Street on 5th Avenue.

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Utility Description: Cable Available, Electricity Available, High-Speed Internet, Sewer Available, Underground Utilities

Structural Information

Construction Status: Resale
Roof: Metal
Square Feet: 4,395
Sq. Ft. Source: Public Records
Year Built: 1951

Additional Structures

Other Structures: Residence

Lot Features

Lot Size (Acres): 0.21
Lot Size Range: .21
Lot Size Source: Public Records
Frontage Feet: 60
Potential Use: Education/School, Food & Beverage, Other, Professional/Office, Retail
Lot Description: City Lot, Level

Financial Considerations

Price Per Sq. Ft.: $147
Tax Amount: $7,757
Tax Year: 2024

Disclosures and Reports

Special Conditions: Agent/Seller Relationship

Listing Courtesy of: Realty One Group Edge

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Listing agent

— 242 N 5th Ave SW #A, B, 226 —

Realty One Group Edge

jpollard@rogedge.com;7068027458

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NMLS#: 1598647

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Schools

Schools serving 242 N 5th Ave SW #A, B, 226

School District:Rome City School District

Name	Grades	Distance
Elm Street Elementary School, Rome, GA 8 South Elm Street Southwest, Rome, GA 30165	PK-6	2 mi
Rome Middle School 1020 Veterans Memorial Highway Northeast, Rome, GA 30161	7-8	2.4 mi
Rome High School 1000 Veterans Memorial Highway Northeast, Rome, GA 30161	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 N 5th Ave SW #A, B, 226 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/19/2026

Price Reduced

$585,000

-2.5%

MLS

9/02/2026

Price Reduced

$600,000

-4%

MLS

8/26/2026

Price Reduced

$625,000

-3.85%

MLS

7/19/2026

Listed

$650,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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242 N 5th Avenue SW #A, B, 226, Rome, GA 30165 (MLS# 10808763) is a Office property. 242 N 5th Avenue SW #A, B, 226 is currently listed for $585,000 and was received on July 19, 2026. Want to learn more about 242 N 5th Avenue SW #A, B, 226? Do you have questions about finding other Office real estate for sale in Rome? You can browse all Rome real estate or contact a Coldwell Banker agent to request more information.

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