440 Martin Luther King Jr. Blvd | Macon-Bibb, GA 31201
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- LoopNet Team
440 Martin Luther King Jr. Blvd
Macon-Bibb, GA 31201
Value-Add Mixed Use Office (MLK Blvd) · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Strong value-add mixed-use building with several tenants demonstrating a long-term commitment to the site, ensuring a steady income stream.
- Management upside potential at 440 Martin Luther King Jr. Boulevard allows for renegotiation and extension to current market rates.
- A 3-mile population of 41,789 residents boasts a strong labor force, defining a strategic investment in a thriving commercial environment.
- Positioned in a robust retail corridor in Downtown Macon, traffic counts exceed 26,000 vehicles per day, offering excellent street-level visibility.
- Situated in the heart of Macon, tenants enjoy access to major roadways and ample amenities, including retailers, restaurants, and open-air parks.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
46,200 SF
Building Class
B
Year Built
1919
Percent Leased
20%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,240 SF
Slab To Slab
12’
Building FAR
3.42
Lot Size
0.31 AC
Zoning
CBD1 - Central Business District
AMENITIES
- Controlled Access
- Fitness Center
- Basement
PROPERTY TAXES
| Parcel Number | R073-0320 | Improvements Assessment | $1,905,703 |
| Land Assessment | $130,680 | Total Assessment | $2,036,383 |
PROPERTY TAXES
Parcel Number
R073-0320
Land Assessment
$130,680
Improvements Assessment
$1,905,703
Total Assessment
$2,036,383
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