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    Macon Central Business District Retail Title is generated by Realmo AI

    362 2nd St, Macon, GA

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    Retail space in Macon's Central Business District for sale.

    Type:RETAIL
    Property size:
    13,721 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $134/SF
    Added:
    Aug 8, 2025
    Days on Market:
    307
    Last Refresh:
    May 20 at 9:06 pm

    Property Features for 362 2nd St

    General Information

    Standard status
    Active
    Size
    13,721 SF
    Lot size
    0.21 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Stephanie Folsom
    Stephanie Folsom

    Listing agent Stephanie Folsom License #209962

    Listing office Coldwell Banker Commercial | Eberhardt & Barry

    Listing date Aug 8, 2025

    Source Moodyscre

    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

    HighLights

    • Prime location in Macon's Central Business District.
    • Close proximity to Atrium Health Medical Center and Mercer University.
    • Walking distance to shopping, entertainment, religious organizations, and banks.
    • Convenient access to Interstate 75 & 16.
    • Located in the middle of Macon's Central Business District.
    • Situated between Cherry Street and Mulberry Street.

    Overview

    Located in the middle of Macon's Central Business District, this 13,721-square-foot retail property is situated between Cherry Street and Mulberry Street. It is located blocks away from Atrium Health Medical Center, which has approximately 4,600 employees, and less than a mile from Mercer University, with an enrollment of approximately 9,000 students. The property is within walking distance of shopping, entertainment, religious organizations, and banks. It is also near two major highways, Interstate 75 and Interstate 16.

    Local Financial Insights For Retail

    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 $197.6k $14.40
    − Vacancy −$11.1k −$0.81
    EGI $186.5k $13.59
    − OpEx −$56.0k −$4.08
    NOI $130.6k $9.52
    13,721 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.87M
    $1.63M – $2.18M (±1% cap)
    NOI $130,562 @ 7.0% cap · market cap 7.06%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $2.63M
    $2.30M – $3.06M (±1% cap)
    NOI $183,752 @ 7.0% cap · market cap 9.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Macon Clay Vocational School

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant Nail Salon Daycare Center Gym & Fitness Center Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.6283
    Latitude
    32.8369

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    FAQs

    What type of property is this?
    Retail space - Retail space in Macon's Central Business District for sale.
    Where is this retail space located?
    The property is located at 362 2nd St Macon, GA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Prime location in Macon's Central Business District.; Close proximity to Atrium Health Medical Center and Mercer University.; Walking distance to shopping, entertainment, religious organizations, and banks.
    (478) 746-8171 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stephanie Folsom
    Stephanie Folsom
    Real Estate License ID: 209962
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