Mixed-Use Retail and
565 Poplar Street Macon, GA 31210
565 Poplar Street, Macon, GA, 31210
$1,200,000
For Sale
$1,200,000
Three-unit building includes a street-facing retail space and two renovated second-floor apartments connected by an interior elevator.
Property Size9,650 SF
Price / SF$124.35
Days on Market202
Property Features for 565 Poplar Street
General Information
- Standard status
- Active
- Size
- 9,650 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing agency
Sheridan Solomon & Associates
(478) 731-1302
Listed by
Joanna Jones · License #218598
(478) 731-1302
Source
Xome
Added: Dec 31, 2025 Updated: Jul 20 at 11:22PM Checked: Jul 21 at 3:07AM
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 Sheridan Solomon & Associates
Investment Insights
Based on property information with market context.
This three-unit mixed-use property features a downstairs commercial retail space plus two second-story apartments. The retail area has high ceilings, hardwood floors, and large windows facing the street. An interior elevator connects the retail level to the two second-story apartment units.
Both apartments have been renovated and offer hardwood floors and high ceilings. Unit A is a 2-bedroom, 2-bath layout, and Unit B is a 3-bedroom, 3.5-bath home. The apartments include tile in the bathrooms and stainless steel appliances (refrigerator/freezer, range, microwaves, dishwasher, and washer/dryer), along with custom cabinets and granite countertops.
The property is structured to combine street-level retail presence with two separate residential units above, with vertical access provided by the interior elevator.
Both apartments have been renovated and offer hardwood floors and high ceilings. Unit A is a 2-bedroom, 2-bath layout, and Unit B is a 3-bedroom, 3.5-bath home. The apartments include tile in the bathrooms and stainless steel appliances (refrigerator/freezer, range, microwaves, dishwasher, and washer/dryer), along with custom cabinets and granite countertops.
The property is structured to combine street-level retail presence with two separate residential units above, with vertical access provided by the interior elevator.
Key Highlights
- Three‑unit building with a street‑facing commercial retail space and two second‑floor apartments connected by an interior elevator
- Retail space includes high ceilings, hardwood floors, and large windows to the street (approximately 4,250 SF)
- Apartment Unit A is a 2 bed, 2 bath unit with approximately 1,918 SF, renovated with hardwood floors and high ceilings
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 | $139.0k | $14.40 |
| − Vacancy | −$7.8k | −$0.81 |
| EGI | $131.2k | $13.59 |
| − OpEx | −$39.4k | −$4.08 |
| NOI | $91.8k | $9.52 |
9,650 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,825 @ 7.0% cap · market cap 7.65%
Second Best
Mixed Use
$1.30M
$1.14M – $1.52M
NOI $91,193 @ 7.0% cap · market cap 7.60%
Theoretical Best
Healthcare Medical
$1.85M
$1.62M – $2.15M
NOI $129,233 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-unit building includes a street-facing retail space and two renovated second-floor apartments connected by an interior elevator.
Where is this mixed-use property located?
The property is located at 565 Poplar Street Macon, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑unit building with a street‑facing commercial retail space and two second‑floor apartments connected by an interior elevator; Retail space includes high ceilings, hardwood floors, and large windows to the street (approximately 4,250 SF); Apartment Unit A is a 2 bed, 2 bath unit with approximately 1,918 SF, renovated with hardwood floors and high ceilings
