Retail and Office Building

116 Riverside Parkway Macon, GA 31210

Claim this Listing
For Sale
$1,575,000

Newly painted building in excellent condition with ample parking and convenient access to I-75.

Type:Retail
Property size:
8,200 SF
Price / SF:
$192/SF
Added:
Jul 16, 2025
Days on Market:
362
Last Refresh:
Jul 11 at 2:30 am

Property Features for 116 Riverside Parkway

General Information

Standard status
Active
Size
8,200 SF
Property subtype
Retail

Building Details

Year Built
1996

Listing office Premium Realty

Listing date Jul 16, 2025

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Premium Realty


Investment Insights

Based on property information with market context.

This retail and office building is newly painted and in excellent condition. The property is currently 63% occupied as of April 1, 2026, with existing tenants featuring a curated mix of beauty and specialty retail concepts.

Positioned along one of Macon’s most active commercial corridors, the property offers high visibility and strong traffic counts, with immediate access to I-75. It sits directly across from a busy Kroger-anchored shopping center and is surrounded by national retailers, dining, and hospitality options. Convenient ingress and egress are available from Riverside Drive and Arkwright Road, and the site includes ample parking and opportunities for on-site signage.

Key Highlights

  • Newly painted building in excellent condition
  • 63% occupied as of April 1, 2026
  • C2 zoning with central air and heating system listed as “3”

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 $157.4k $19.20
− Vacancy −$50.4k −$6.14
EGI $107.1k $13.06
− OpEx −$26.8k −$3.26
NOI $80.3k $9.79
8,200 SF · lease $19.20/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,294 @ 7.0% cap · market cap 5.10%
Second Best
Retail
$1.11M
$975.3K – $1.30M (±1% cap)
NOI $78,027 @ 7.0% cap · market cap 4.95%
Theoretical Best
Healthcare Medical
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,814 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

331Innovations.com- Monogramming Boutique, ... Custom T-Shirt Store Pulliam Law Firm Law Firm

Suggested Use

Big Box & Wholesale Store Building Supply HVAC Service Parking Lot & Garage Electrical Service Garden Center Plumbing Service Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Kroger Floral 220 Tom Hill Sr Blvd, Macon, GA 31210

FAQs

What type of property is this?
Storefront property - Newly painted building in excellent condition with ample parking and convenient access to I-75.
Where is this storefront property located?
The property is located at 116 Riverside Parkway Macon, GA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Newly painted building in excellent condition; 63% occupied as of April 1, 2026; C2 zoning with central air and heating system listed as “3”
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