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1105 Martha Berry Blvd,  Rome GA, 30165

(Active)
$3,000,000
|
21,582 sqft
|
MLS# 10278761
Last Updated: 5/18/2024 1:09 PM
Description for 1105 Martha Berry Blvd Rome, GA 30165
GREAT OPPORTUNITY FOR INVESTORS/DEVELOPERS with STACKED TAX INCENTATIVES (TAD & FEDERAL OPPORQTUNITY ZONE)!!! THIS LOCATION IS ALSO IDEA FOR REDEVELOPMENT FOR A FLAG HOTEL, RESTUARANT, GAS STATION, MEDICAL FACILITY, BEVERAGE STORE, OR MULTI-FAMILY HOUSING or it can be operated as is. The Seven Hills Inn motel was built in 1987 and is located at 1105 Martha Berry Blvd. It has 28 rooms and an office with 4 bedrooms and 2 bathrooms and also is the site of the Berry Mart store on a combined total of 1.31 acres and can be purchased for $3 million. Seven Hills has an NOI of approximately $230,000 annually. This is a billboard location because of the high traffic count of approximately 30,000 daily. This property has 200 feet of road frontage. NOTICE!: This property can also be purchased with the property at 1201 Martha Berry Blvd for a total of $5 million on approximately 3.12 acres with over 400 feet of road frontage. 1105 and 1201 properties listed here on loopnet and both are in prime locations overlooking the beautiful and historic downtown Rome.
Price
$3,000,000
Seven Hills Inn
Floyd
21,582 (approx)
10278761
Active
Description
GREAT OPPORTUNITY FOR INVESTORS/DEVELOPERS with STACKED TAX INCENTATIVES (TAD & FEDERAL OPPORQTUNITY ZONE)!!! THIS LOCATION IS ALSO IDEA FOR REDEVELOPMENT FOR A FLAG HOTEL, RESTUARANT, GAS STATION, MEDICAL FACILITY, BEVERAGE STORE, OR MULTI-FAMILY HOUSING or it can be operated as is. The Seven Hills Inn motel was built in 1987 and is located at 1105 Martha Berry Blvd. It has 28 rooms and an office with 4 bedrooms and 2 bathrooms and also is the site of the Berry Mart store on a combined total of 1.31 acres and can be purchased for $3 million. Seven Hills has an NOI of approximately $230,000 annually. This is a billboard location because of the high traffic count of approximately 30,000 daily. This property has 200 feet of road frontage. NOTICE!: This property can also be purchased with the property at 1201 Martha Berry Blvd for a total of $5 million on approximately 3.12 acres with over 400 feet of road frontage. 1105 and 1201 properties listed here on loopnet and both are in prime locations overlooking the beautiful and historic downtown Rome.
Listing Information
Property Type: Business Opportunities, Other
1.31 Acres 21,582 (approx) 1987
Stucco
Seven Hills Inn
Public
Public Sewer
Cable Available, Electricity Available, Phone Available, Water Available
Neighborhood
Room Information
Interior Features
Central Air, Zoned
Other, Central
Exterior / Lot Features
Parking Lot, Paved
Stucco
Commercial
City Lot, Level, Near Public Transit
Driving Directions
GPS
Financial Considerations
J13Y 244
$22,834
Listing Price History

Rome Real Estate

Rome is located in Georgia. Rome, Georgia 30165 has a population of 38,788.

The median household income in Rome, Georgia 30165 is $55,030. The median household income for the surrounding county is $50,524 compared to the national median of $66,222. The median age of people living in Rome 30165 is 38 years.

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Courtesy: Hardy Realty & Dev. Company, rodneystewart@hardyrealty.com
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
This content last refreshed on 5/18/2024 1:09 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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