Turnkey Salon Suite
4849 Mercer University Drive, Macon, GA 31210
COMMERCIAL - Macon, GA
Type:Office
Property size:
7,153 SFLot size:
1.11 AcresPrice / SF:
$181/SF- Added:
- Jan 27, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 4849 Mercer University Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- L0810065
- Size
- 7,153 SF
- Lot size
- 1.11 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 1796
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Building materials
- Frame
Listing agent Angie W Ponsell License #248030,GA (404) 226-2002
Listing office Keller Williams Realty First Atlanta 200 Glenridge Point Pkwy S-100, Atlanta, GA (404) 531-5700
Listing date Jan 27, 2026
MLS# 10790353
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Salon suite portfolio with 2 single‑story buildings totaling approx. 7,153 SF on a combined 1.11 acres
- Real estate only offering with a required long‑term lease agreement in place at closing plus a five‑year owner leaseback
- Macon asset at 4849 Mercer University Dr: approx. 3,136 SF on 0.33 acres; fully built out as salon suites
- Macon location features strong frontage on Mercer University Dr with approx. 21,700 vehicles per day
- College Park (Metro Atlanta) asset at 5610 Old National Hwy: approx. 4,017 SF on 0.78 acres with active salon suite tenants
- College Park site benefits from strong frontage with approx. 48,000 vehicles per day; includes multiple suites plus additional office space
Overview
This two-property Georgia portfolio delivers a fully built-out salon suite configuration across two single-story buildings totaling approximately 7,153 square feet on 1.11 acres. The Macon asset is approximately 3,136 square feet on 0.33 acres and is built as salon suites. The Metro Atlanta property is approximately 4,017 square feet on 0.78 acres, operating as salon suites with multiple individual suites, an additional office space that may be converted into a suite, and a double suite configuration designed to support leasing flexibility. The offering is for real estate only and requires a long-term lease agreement in place at closing, including a five-year owner leaseback. Existing salon suite leases and operating businesses convey with the sale, and the price does not include FF&E.
The Macon property is located at 4849 Mercer University Drive along a highly visible commercial corridor, with approximately 21,700 vehicles per day reported and strong frontage on Mercer University Drive. The Metro Atlanta property is located at 5610 Old National Hwy in College Park within the College Park / South Fulton commercial submarket, with approximately 48,000 vehicles per day reported and strong frontage. Both sites are described as having convenient access and ample on-site parking.
For investors seeking hands-on stability with suite-level operations, this portfolio provides built-in occupancy through active tenant operations and structured leaseback terms at closing. The multi-suite setup can help distribute usage across several users, while the existing layout supports continued salon suite use or future repositioning into compatible service-based uses, including professional office, medical, wellness, or creative workspace.
The Macon property is located at 4849 Mercer University Drive along a highly visible commercial corridor, with approximately 21,700 vehicles per day reported and strong frontage on Mercer University Drive. The Metro Atlanta property is located at 5610 Old National Hwy in College Park within the College Park / South Fulton commercial submarket, with approximately 48,000 vehicles per day reported and strong frontage. Both sites are described as having convenient access and ample on-site parking.
For investors seeking hands-on stability with suite-level operations, this portfolio provides built-in occupancy through active tenant operations and structured leaseback terms at closing. The multi-suite setup can help distribute usage across several users, while the existing layout supports continued salon suite use or future repositioning into compatible service-based uses, including professional office, medical, wellness, or creative workspace.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.3k | $19.20 |
| − Vacancy | −$43.9k | −$6.14 |
| EGI | $93.4k | $13.06 |
| − OpEx | −$23.3k | −$3.26 |
| NOI | $70.0k | $9.79 |
7,153 SF · lease $19.20/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.00M
$875.5K – $1.17M
NOI $70,042 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.37M
$1.20M – $1.60M
NOI $95,793 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
WeStyle Salon Suites
Hair Salon
The Hair Cottage
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.721504
- Latitude
- 32.828737
Nearby Similar for Sale
FAQs
What type of property is this?
Spa & wellness property - Two single-story salon suite properties with active tenants, ample parking, and a required long-term leaseback at closing.
Where is this spa & wellness property located?
The property is located at 4849 Mercer University Drive Macon, GA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Salon suite portfolio with 2 single‑story buildings totaling approx. 7,153 SF on a combined 1.11 acres; Real estate only offering with a required long‑term lease agreement in place at closing plus a five‑year owner leaseback; Macon asset at 4849 Mercer University Dr: approx. 3,136 SF on 0.33 acres; fully built out as salon suites
