Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
23
Listed by Chad C. Draper • Keller Williams Rlty Atl. Part
Bought with Sarah Sturgill • Keller Williams Rlty Atl. Part
$197,000
$200,000
1.5%
Est.Price: ?

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0.63 Acres Lot

507 N Broad ST Monroe, GA 30655

Est. payment /mo
SOLD DATE : 06/01/2023

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Key Details

Sold Price $197,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision 507 N Broad St

MLS Listing ID 20076068

Sold Date 06/01/23

Construction Status Resale

Year Built 1957

Annual Tax Amount $287

Tax Year 2020

Lot Size 0.630 Acres

Property Description

Possible assemblage with 511 N Broad St. that is 1.07 acres. (GAMLS #20057296) Opportunity Zone Development Opportunity .63 acres located on the heavily traveled Broad Street corridor into Downtown Monroe. This is an area identified as an Opportunity Zone by the Department of Community Affairs which can provide substantial tax benefits to a project and developer that meets the project guidelines. The site lays very flat and has no trees which will aid in keeping clearing costs more affordable. The current zoning is B3 (Highway Business District.) The property contains an existing home that is usable as an office or possibly a residential rental. The home is usable but is in need of repair, no central HVAC etc. Buyer to do due diligence.

Location

State GA

County Walton

Zoning B3 Commercial

Interior

Heating Electric

Cooling None

Flooring Pine

Exterior

Parking Features Paved

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available

Roof Type Metal

Building

Sewer Public Sewer

Construction Status Resale

Others

Financing Conventional

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Georgia MLS (GAMLS)

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April Watkins

Broker | License ID: 348310

+1(404) 777-0506

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