For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turnkey Salon Suite Portfolio Title is generated by Realmo AI

    4849 Mercer University Drive, Macon, GA 31210

    View on Map
    Claim this Listing
    New
    For Sale
    $1,295,000

    Two single-story salon suite properties offer turnkey, stabilized operations with strong roadway visibility and ample on-site parking.

    Type:SCR-COM, SCR-FREE
    Property size:
    7,153 SF
    Lot size:
    1.11 Acres
    Price / SF:
    $181/SF
    Added:
    Jun 22, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 24 at 1:58 am

    Property Features for 4849 Mercer University Drive

    General Information

    Standard status
    Active
    Size
    7,153 SF
    Lot size
    1.11 Acres
    Property subtype
    SCR-COM, SCR-FREE

    Building Details

    Year Built
    1950

    We can help!

    Contact an agent
    Angie Ponsell
    Angie Ponsell

    Listing office Keller Williams Realty First Atlanta

    Listing date Jun 22, 2026

    Source Realnex

    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 Keller Williams Realty First Atlanta

    HighLights

    • Two single‑story salon suite properties with stabilized, income‑producing operations in Macon and Metro Atlanta
    • Portfolio totals approx. 7,153 SF across two buildings on a combined 1.11 acres
    • Macon property (4849 Mercer University Dr): approx. 3,136 SF on 0.33 acres; 5‑year owner leaseback at $5,700/month plus utilities
    • Macon property has approx. 21,700 vehicles per day and strong frontage along Mercer University Dr; ample on‑site parking
    • Metro Atlanta property (5610 Old National Hwy, College Park): approx. 4,017 SF on 0.78 acres; active tenants and salon suite leases convey
    • Metro Atlanta layout includes multiple individual suites plus office space that may be converted to a suite, including a double suite configuration for leasing flexibility

    Overview

    This two-property Georgia salon suite portfolio totals approximately 7,153 square feet across two single-story buildings on 1.11 acres. The portfolio is fully built out for salon suite operations, with multiple individual suites and an additional office space in the Metro Atlanta property that may be converted into a suite. A double-suite configuration supports flexible suite management and ongoing leasing continuity. The sale includes existing salon suite leases and operating businesses to support immediate, turnkey operations.

    The Macon asset at 4849 Mercer University Drive totals approximately 3,136 square feet on 0.33 acres along Mercer University Drive, supported by strong roadway visibility and convenient access. The Metro Atlanta asset at 5610 Old National Hwy totals approximately 4,017 square feet on 0.78 acres in the established College Park / South Fulton commercial submarket, with strong frontage and on-site parking. Public remarks cite approximately 21,700 vehicles per day along Mercer University Drive for the Macon location.

    For investors and operators seeking stabilized service-based space, the suite-based model spreads occupancy across multiple users while preserving flexibility for continued salon operations or potential conversion to compatible service-driven uses. The Macon property is offered with a five-year owner leaseback at $5,700 per month plus utilities, which can reduce transition risk for a new owner. This portfolio provides an income-producing, ready-to-operate platform across two established markets.

    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 $137.3k $19.20
    − Vacancy −$43.9k −$6.14
    EGI $93.4k $13.06
    − OpEx −$23.3k −$3.26
    NOI $70.0k $9.79
    7,153 SF · lease $19.20/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.00M
    $875.5K – $1.17M (±1% cap)
    NOI $70,042 @ 7.0% cap · market cap 5.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $95,793 @ 7.0% cap · market cap 7.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    WeStyle Salon Suites Hair Salon The Hair Cottage Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.7218491
    Latitude
    32.8286943

    FAQs

    What type of property is this?
    Spa & wellness property - Two single-story salon suite properties offer turnkey, stabilized operations with strong roadway visibility and ample on-site parking.
    Where is this spa & wellness property located?
    The property is located at 4849 Mercer University Drive Macon, GA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Two single‑story salon suite properties with stabilized, income‑producing operations in Macon and Metro Atlanta; Portfolio totals approx. 7,153 SF across two buildings on a combined 1.11 acres; Macon property (4849 Mercer University Dr): approx. 3,136 SF on 0.33 acres; 5‑year owner leaseback at $5,700/month plus utilities
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message