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Executive Summary
Here is your chance to own a prime mixed-use building on Broad Street in downtown Rome, offering excellent visibility and strong foot traffic. Built in 1910 and over 7,500sq ft, this property features a fully remodeled downstairs retail space with approximately $90,000 in recent upgrades and a current tenant in place. The building has been significantly improved with a new roof, new windows, and new HVAC, and the upstairs apartment also includes a full sprinkler system. The apartment occupies 1/3 of the upstairs, leaving 2/3 available for renovation. An unfinished basement provides additional storage. With major updates already completed and a stable retail tenant, this property presents a turnkey opportunity in one of Rome's most desirable downtown locations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,588 SF
Building Class
C
Year Built
1910
Price
$997,373 CAD
Price Per SF
$131.44 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-B-C
Frontage
107’ on Broad St
Moderately walkable
70/100
Very drivable
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | J14D-055 | Improvements Assessment | $264,303 CAD |
| Land Assessment | $27,517 CAD | Total Assessment | $291,820 CAD |
Property Taxes
Parcel Number
J14D-055
Land Assessment
$27,517 CAD
Improvements Assessment
$264,303 CAD
Total Assessment
$291,820 CAD
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245 Broad St
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