10 E Broad Street,Newnan, GA 30263
Newnan, GA 30263
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.
Details
| MLS # | 10587242 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 417 |
| Listing Provided By | Ansley RE | Christie's Int'l RE | Comer Jennings |
Features
| SQ Feet | 10,384 |
|---|---|
| Building(s) | 2 |
| Zoning | X |
| Acreage | 0.19 |
Interior
| Building Features | Other |
|---|---|
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Heating | Other |
| Heating Yes / No | Yes |
Exterior
| Accessibility Features | Other |
|---|---|
| Lot Features | Corner Lot, Level |
| Construction Materials | Other |
| Roof | Other |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Other, On Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities |
|---|---|
| Sewer | Public Sewer |
| Electric | 220 Volts |
Taxes
| Tax Annual Amount | 5937 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | GA |
|---|---|
| County | Coweta |
| City | Newnan |
| Zip Code | 30263 |
| Area | Coweta |
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Learn More About This Property
| State | GA |
|---|---|
| County | Coweta |
| City | Newnan |
| Zip Code | 30263 |
| Area | Coweta |