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4849 Mercer University Dr 3,136 SF Retail Building Macon-Bibb, GA 31210 $600,000 ($191.33/SF)
Executive Summary
4849 Mercer University Drive presents a stabilized investment opportunity in one of Macon’s highest-traffic commercial corridors. The property consists of approximately 3,150 square feet situated on a 0.33-acre lot with strong frontage along Mercer University Drive, benefiting from approximately 21,700 vehicles per day and excellent visibility.
The building is currently operating as fully built-out salon suites, providing immediate income and an established tenant base.
This offering is structured as a sale with a leaseback. The current owner will execute a five-year lease at $5,700 per month plus utilities, providing stable income and reduced transition risk for the new owner. With landlord expenses limited and utilities passed through, this structure offers a clean, straightforward income stream in a high-exposure location.
Positioned within a well-established commercial node in North Macon, the property benefits from strong surrounding retail, service, and office uses, convenient access to major thoroughfares, and ample on-site parking. 4849 Mercer University Drive combines stabilized income, built-in occupancy, and long-term visibility in one of the area’s most active commercial corridors.
The building is currently operating as fully built-out salon suites, providing immediate income and an established tenant base.
This offering is structured as a sale with a leaseback. The current owner will execute a five-year lease at $5,700 per month plus utilities, providing stable income and reduced transition risk for the new owner. With landlord expenses limited and utilities passed through, this structure offers a clean, straightforward income stream in a high-exposure location.
Positioned within a well-established commercial node in North Macon, the property benefits from strong surrounding retail, service, and office uses, convenient access to major thoroughfares, and ample on-site parking. 4849 Mercer University Drive combines stabilized income, built-in occupancy, and long-term visibility in one of the area’s most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,136 SF
Building Class
C
Year Built
1950
Price
$600,000
Price Per SF
$191.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.33 AC
Zoning
PDR - Planned Development Residential
Parking
19 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | L081-0065 | Improvements Assessment | $32,173 |
| Land Assessment | $41,904 | Total Assessment | $74,077 |
Property Taxes
Parcel Number
L081-0065
Land Assessment
$41,904
Improvements Assessment
$32,173
Total Assessment
$74,077
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4849 Mercer University Dr
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