$1 Auction - Former Truist Bank and Land 3625 Pio Nono Ave 2,666 SF Retail Building Macon-Bibb, GA 31206 $105,000 ($39.38/SF)

Marcus & Millichap is pleased to present a vacant, free-standing, former Truist Bank located at 3625 Pio Nono Avenue, Macon, GA 31206 (the “Property”). The Property consists of an approximately 2,666 square feet building with three (3) drive-thru lanes and ample surface parking. The Property is currently vacant and was previously owner-occupied by Truist Bank. The Property offers potential owner users/investors the ability to acquire a free-standing retail bank building with significant value add through lease up at long term market rates (CoStar estimated retail rents of $10-12/SF NNN). An additional 0.40-acre parcel at 3690 Spencer Circle is included in the sale. The site is easily accessible via four points of ingress/egress along Pio Nono Avenue with traffic counts of ±15,175 vehicles per day (VPD) and Rice Mill Road with ±3,037 VPD. The Property is Zoned C-4, Highway Commercial District, which offers favorable flexible zoning allowing for a variety of commercial and retail uses via adaptive reuse or repositioning. Tract 2 is located adjacent to the improved parcel and offers investors the development opportunity to increase parking or build per local zoning restrictions.
Macon is centrally located at the crossroads of Interstates?75 and?16 in middle Georgia, offering strong regional connectivity between Atlanta, Augusta, and Savannah. Its economy is anchored by healthcare, retail trade, and education industries, making Macon the primary commercial and service hub for a large surrounding rural region. The site offers excellent regional connectivity via Interstate 75 (±62,977 VPD), US-41, and Interstate 16. The Property is surrounded by traffic drivers and amenities such as Piggly Wiggly, Roses, Academy Sports, Citi Trends, Dollar Tree, Advance Auto Parts, Dollar General, O’Reilly Auto, Family Dollar, Jiffy Lube, and many more. Macon also benefits from a strong employment base anchored by Mercer University, the oldest private university in the state and enrolling 9,000 students in 12 colleges and schools. The Property is located within a dense trade area of ±43,872 residents with an average household income (AHHI) of ±$43,156 within 3-miles and ±81,888 residents with an AHHI of $53,592 within 5-miles, reinforcing the site’s lasting appeal for both investors and owner/users. The 3-mile trade area is also experiencing notable population growth, with increases of approximately 5.41% growth from 2020-2024 with 0.47% growth expected to continue through 2029, further strengthening long-term demand fundamentals.