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    442 2Nd St Macon, GA 31201

    Sponsored
    For Sale
    $375,000

    Downtown Macon investment opportunity. High-visibility location.

    Property size:
    4,948 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use commercial building, located at 442 2nd Street in Macon, Georgia, presents a unique investment opportunity. Boasting 4,948 square feet on a 0.06-acre lot, this two-story property offers a versatile layout ideal for a variety of uses. The main floor provides a wide-open space, perfect for retail or office space. The second floor features a loft apartment in the front half, complete with a closet and restroom, and a large open room with a restroom in the rear. Access to the roof is available from the third floor. Built in 1927 and renovated in 1970, this property benefits from its prime location in Macon's Central Business District, situated between Cherry Street and Poplar Street. Its high visibility and proximity to Atrium Health Medical Center (with approximately 4,600 employees) and Mercer University (with approximately 9,000 students) make it an attractive investment. The property is zoned CBD-1 and offers 27 feet of frontage on Second Street. Within walking distance are residential lofts, the Bibb & Federal Courthouse, government offices, financial institutions, shopping, entertainment, and places of worship. Public transportation also serves the area. The asking price is $375,000, translating to $75.79 per square foot. This property is priced to sell and represents a strong return on investment.

    Property Features for 442 2Nd St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,948 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built/Renovated
    1927/1970
    Buildings
    1
    Stories
    2

    HighLights

    • Price Reduced to $375,000.
    • 4,948 SF mixed‑use building in Macon, GA's Central Business District (CBD‑1 zoning).
    • High visibility location between Cherry and Poplar Streets.
    • Excellent proximity to Atrium Health Medical Center and Mercer University.
    • Walking distance to residential lofts, courthouses, government offices, financial institutions, shopping, entertainment, and places of worship.
    • Served by public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Daycare Center Gym & Fitness Kitchen & Bath 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
    -83.6291481
    Latitude
    32.8358528

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    FAQs

    What type of property is this?
    Mixed-use property - Downtown Macon investment opportunity. High-visibility location.
    Where is this mixed-use property located?
    The property is located at 442 2Nd St Macon, GA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Price Reduced to $375,000.; 4,948 SF mixed-use building in Macon, GA's Central Business District (CBD-1 zoning).; High visibility location between Cherry and Poplar Streets.
    (800) 926-0990
    Request Owner's contact information
    442 2Nd St Macon, GA 31201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    442 2Nd St Macon, GA 31201
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