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1235 Walnut St 1,989 SF Vacant Office Building Macon-Bibb, GA 31201 $190,000 ($95.53/SF)
Investment Highlights
- Downtown Macon located near the signalized intersection of Walnut Street & College Street (one block from Riverside Drive)
- Public transportation served location
- Close proximity to Bibb & Federal Courthouses, government offices, financial institutions, restaurants, shopping, and entertainment
- Excellent regional access to Interstate 75 and Interstate 16
- Mercer University less than one mile serving 9,160± students
- Atrium Health Navicent Hospital blocks away with 4,600± employees and 700± physicians; Piedmont Hospital less than one mile away with 1,430± employees
Executive Summary
- Building Size: 1,989± SF
- Lot Size: 0.16 Acres
- Year Built: 1986
- Ceiling Height: 9 feet
- Hardwood floors
Tenancy & Income:
- Two (2) tenants currently occupying separate units
- Month-to-month leases provide flexibility
- Total rental income: $2,400 / month
Floor Plan Features:
- Four (4) private offices
- Conference room / break room
- Full kitchen
- One (1) restroom with shower
- Two (2) additional half baths
Parking & Accessibility:
- Non-metered street parking available
- Public transportation nearby
Ideal Use:
- Suitable for professional office users including law firms, accounting practices, consulting firms and medical offices
- Lot Size: 0.16 Acres
- Year Built: 1986
- Ceiling Height: 9 feet
- Hardwood floors
Tenancy & Income:
- Two (2) tenants currently occupying separate units
- Month-to-month leases provide flexibility
- Total rental income: $2,400 / month
Floor Plan Features:
- Four (4) private offices
- Conference room / break room
- Full kitchen
- One (1) restroom with shower
- Two (2) additional half baths
Parking & Accessibility:
- Non-metered street parking available
- Public transportation nearby
Ideal Use:
- Suitable for professional office users including law firms, accounting practices, consulting firms and medical offices
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,989 SF
Building Class
C
Year Built
1986
Price
$190,000
Price Per SF
$95.53
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,989 SF
Building FAR
0.28
Lot Size
0.16 AC
Zoning
HPD
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | Q072-0215 | Improvements Assessment | $61,318 |
| Land Assessment | $8,580 | Total Assessment | $69,898 |
Property Taxes
Parcel Number
Q072-0215
Land Assessment
$8,580
Improvements Assessment
$61,318
Total Assessment
$69,898
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