Historic Downtown Jonesboro Landmark Now Available for Adaptive Reuse

Staff Report From Georgia CEO

Wednesday, February 11th, 2026

A rare opportunity has emerged in the heart of Historic Downtown Jonesboro. The iconic former bank building at 139 N Main Street is now offered for sale, presenting a unique chance to own a piece of history while shaping the future of this vibrant community.

Located in the Historic District of Jonesboro, this property is steeped in history and surrounded by the enduring character of a city that has played a pivotal role in Georgia’s past. Originally known as Leaksville, Jonesboro became the county seat of Clayton County in 1858 and was later immortalized in Margaret Mitchell’s Gone with the Wind. The city is renowned for its Civil War legacy, including the Battle of Jonesboro, a decisive event that directly led to the fall of Atlanta.

Beyond its Civil War significance, Jonesboro is also home to the legacy of the Rosenwald School, a powerful symbol of educational advancement and community investment during the early 20th century. Built as part of a nationwide initiative led by philanthropist Julius Rosenwald, the school reflects Jonesboro’s long-standing commitment to progress, equity, and opportunity. Together, these layers of history underscore the city’s enduring role as a place where resilience, education, and civic leadership intersect.

The building at 139 N Main Street boasts a commanding street presence, generous interior space, and architectural character that make it ideal for adaptive reuse. Potential uses include a restaurant, entertainment venue, professional offices, education or training center, medical facility, nonprofit headquarters, museum or gallery, or even a mixed-use community concept—subject to zoning and design standards.

Key Features: Prime Location: Situated along North Main Street, the property benefits from steady foot traffic and proximity to county offices, courts, and downtown amenities. Architectural Character: A historic structure with design elements that inspire creative redevelopment. Income Potential: A long-term lease income stream provides near-term cash flow for the future owner. Zoning: H-1 (Historic District), ensuring preservation of the area’s unique character.

Downtown Jonesboro is experiencing a renaissance as a walkable, community-focused destination within South Metro Atlanta. The city’s Arts & Entertainment District Overlay has further enhanced its appeal, fostering a vibrant mix of galleries, studios, shops, restaurants, and cultural events. The property is surrounded by civic institutions, local businesses, and cultural landmarks, making it a cornerstone of the community.

List Price: $1,999,000. This is more than a real estate offering—it’s an invitation to contribute to the ongoing story of Jonesboro, a city where history and progress intersect.

For additional information or to schedule a private tour, please contact: Altimese Dees, Commercial Real Estate Broker, Gallery Commercial Real Estate, Phone: 678-644-1712 or Email: [email protected].