Macon Central Business District
362 2nd St Macon, GA
362 2nd St, Macon, GA, 00000
Contact for pricing
For Sale
Contact for pricing
Retail space in Macon's Central Business District for sale.
Property Size13,721 SF
Lot Size0.21 Acres
Price / SF$134.83
Days on Market344
Property Features for 362 2nd St
General Information
- Standard status
- Active
- Size
- 13,721 SF
- Lot size
- 0.21 Acres
- Property subtype
- RETAIL
Listing Agency
Coldwell Banker Commercial | Eberhardt & Barry
(478) 746-8171
Listed by
Stephanie Folsom · License #209962
(478) 746-8171
Source
Moodyscre
Added: Aug 8, 2025 Checked: Jul 17 at 4:28 am
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.
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.
Key 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.
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
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
NOI $183,752 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Macon Clay
Vocational School
Similar For Sale Nearby
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.
