Historic Downtown Multifamily
For Sale
Contact for pricing
Pending
524 Mulberry St Ln, Macon, GA 31201
Ten-story former parking garage conversion site in Downtown Macon with two divided floor plates and surface parking.
Property Size24,808 SF
Lot Size0.08 Acres
Days on Market142
Property Features for 524 Mulberry St Ln
General Information
Standard status
Pending
Size
24,808 SF
Total Parking Spaces
7
Lot size
0.08 Acres
Property subtype
Multifamily, Land
Zoning
CBD-1
Additional Details
Utilities to Site
Yes
Clear Height
8.6 ft
Building Details
Year Built
1970
Stories
10
Listing Agency:
Coldwell Banker Commercial Eberhardt & Barry
(800) 926-0990
Listed By:
Stephanie Folsom · License #209962
Source:
Crexi
Added: Apr 11
Changed: Aug 28
Last Checked: Aug 29 at 1:55PM
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 Coldwell Banker Commercial Eberhardt & Barry
Investment Insights
Based on property information with market context.
The subject property is a former Dempsey Parking Garage with ten floors divided by an elevator shaft into Side A and Side B. Side A contains approximately 12,124 square feet across ten floors plus a rooftop, with a 1st-floor residential unit currently in place; entrance to the unit will be sealed off prior to closing. Side B contains approximately 12,684 square feet across ten floors plus a rooftop, with the 1st-floor maintained as a work room for the maintenance crew; it will be cleaned and sealed off prior to closing. Each side features a consistent floor plate size of approximately 28’ x 40’ (Side A) and 28’ x 42’ (Side B), with ceiling heights estimated at 7.6’ to 8.6’, and both sides are described as having potential rooftop patio space.
The elevator shaft was formerly used for a car elevator and is not operative. It is described as ideal for one or multiple personal elevators and staircases. The property includes surface parking for approximately seven cars under the 1st floor across two parking areas.
All public utilities are available to the site, and the property is zoned CBD-1 (Central Business District). Built circa 1970 on approximately 0.08 acres, the offering notes that the property does not qualify for Historic Tax Credits, and deed restrictions contemplate residential lofts or condos with a development agreement to be agreed upon by the purchaser.
The elevator shaft was formerly used for a car elevator and is not operative. It is described as ideal for one or multiple personal elevators and staircases. The property includes surface parking for approximately seven cars under the 1st floor across two parking areas.
All public utilities are available to the site, and the property is zoned CBD-1 (Central Business District). Built circa 1970 on approximately 0.08 acres, the offering notes that the property does not qualify for Historic Tax Credits, and deed restrictions contemplate residential lofts or condos with a development agreement to be agreed upon by the purchaser.
Key Highlights
- 10‑story former Dempsey Parking Garage conversion site in Downtown Macon, with panoramic views of the historic city
- 10 floors plus rooftop divided into two sides: Side A 12,124± SF and Side B 12,684± SF, separated by an elevator shaft
- Side A: 1st floor currently a residential unit; 10 floors total 11,200± SF (1,120± SF floor plate) with 7.6'–8.6' ceiling height
Property Analytics
Current Use
Lease Details
8 ft
Clear height
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,471
Businesses Nearby
Explore this area
Business Placement
Demographics for 31201, GA
8,882
Population
4,916
Households
1.8
Avg Household Size
35
Median Age
29%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
945
Density / Sq Mi
$22,936
Median Household Income
$27,311
Median Earnings
$912
Median Rent
$151,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten-story former parking garage conversion site in Downtown Macon with two divided floor plates and surface parking.
Where is this apartment building located?
The property is located at 524 Mulberry St Ln Macon, GA.
What are key features of this property?
This property features: 10‑story former Dempsey Parking Garage conversion site in Downtown Macon, with panoramic views of the historic city; 10 floors plus rooftop divided into two sides: Side A 12,124± SF and Side B 12,684± SF, separated by an elevator shaft; Side A: 1st floor currently a residential unit; 10 floors total 11,200± SF (1,120± SF floor plate) with 7.6'–8.6' ceiling height
