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Restaurant Space in Neel's Lofts
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418 3rd St, Macon, GA

First-generation restaurant space in a mixed-use development in Downtown Macon.

Space Size4,069 SF
Lot Size0.84 Acres
Days on Market329

Property Features for 418 3rd St

General Information

Standard status Active
Size 4,069 SF
Lot size 0.84 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 418 3rd St Contact us

418 3rd St $18/SF/Yr

Floor
Bldg
Size
4,069 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- First Generation Restaurant Space (4,069± SF) - Neel's Lofts / Mixed Use Development...
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Listing Agency: Coldwell Banker Commercial | Eberhardt & Barry
Listed By: Stephanie Folsom · License #209962
Source: Moodyscre
Added: Sep 17, 2025 Changed: Aug 9 Last Checked: Aug 10 at 11:16AM

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.

This first-generation restaurant space, encompassing approximately 4,069 square feet, is located within the Neel's Lofts mixed-use development in Downtown Macon. Completion is anticipated in January 2026. Neel's Lofts is a four-story development on Cherry Street and Third Street, featuring 95 luxury lofts, two retail storefronts, a coworking space, and a restaurant opportunity. The space has a seating capacity of approximately 140. The owner's buildout investment includes four 5-ton HVAC units, 3-phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, a grease trap, and fire sprinklers. A tenant improvement allowance of $242,000 is available for light fixtures, flooring, paint, and kitchen fixtures. Suite features include separate water and gas meters, a grease trap, fire sprinklers, and fully stubbed utilities. The space is suitable for a multi-restaurant owner with a vision for expansion and a commitment to operational excellence. Bar-only concepts are excluded. Live music is not permitted past 10 PM due to the 95 luxury lofts above. Financing is available through NewTown Macon.

Key Highlights

  • First‑generation restaurant space in Neel's Lofts, a new mixed‑use development in Downtown Macon.
  • Substantial $242,000 tenant improvement allowance to customize the space.
  • Includes essential infrastructure: four 5‑ton HVAC units, 3‑phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, grease trap, and fire sprinklers.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Locksmith Home Appliance Store Food Market Pet Grooming Service (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Restaurant - First-generation restaurant space in a mixed-use development in Downtown Macon.
Where is this restaurant located?
The property is located at 418 3rd St Macon, GA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: First‑generation restaurant space in Neel's Lofts, a new mixed‑use development in Downtown Macon.; Substantial $242,000 tenant improvement allowance to customize the space.; Includes essential infrastructure: four 5‑ton HVAC units, 3‑phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, grease trap, and fire sprinklers.
(478) 746-8171 Call to check price and availability
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