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1294 Riverside Dr
Macon, GA 31201
Owner/User - Investor Opportunity w/Billboard · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
1,573 SF
Building Class
C
Year Built
1957
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.08 AC
Zoning
C-2
Parking
3 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
165’ on Riverside Dr

AMENITIES

  • Signage

ABOUT 1294 RIVERSIDE DR , MACON, GA 31201

Retail Investment Group has the exclusive listing for an owner/user opportunity in Macon, Georgia. The property boasts excellent visibility along Riverside Drive, with over 25,500 vehicles per day. The interior has been recently renovated as an office. This is an ideal location and property for a small business owner who is looking to pay down a loan and gain equity in real estate in the up-and-coming area of Macon, Georgia. The State of Georgia is investing over $500,000,000 in to the I-75/I-16 interchange, with access less than half a mile away. The property is currently vacant, with a billboard in place. The billboard lease, through Lamar, has been in place since 2006, with an annual rent of $2,400. The property taxes and insurance are $2,000, making this a positive cash flow investment as is. The ideal buyer is an owner/user or a savvy investor looking to place a tenant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
Q072-0132
Land Assessment
$15,682
Improvements Assessment
$18,541
Total Assessment
$34,223
  • Listing ID: 10887966

  • Date on Market: 12/7/2017

  • Last Updated:

  • Address: 1294 Riverside Dr, Macon, GA 31201

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