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    3189 Mercer University Dr Macon, GA 31204

    Sponsored
    For Sale
    $99,700

    Turnkey Restaurant, Ample Parking, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Macon, Georgia restaurant and bar is available for $99,700. Built in 2006, this single-building property sits on a 0.14-acre lot at 3189 Mercer University Drive, zip code 31204, in Bibb County. The property's prime location ensures high visibility and accessibility, making it ideal for a variety of food and beverage concepts. A significant advantage is the expansive parking lot, capable of accommodating more than 20 vehicles, catering to high customer turnover and convenient delivery services. This feature is particularly beneficial for quick-service restaurants, takeout establishments, or businesses relying on drive-through traffic. The versatile interior space provides a blank canvas for customization, allowing for seamless adaptation to diverse culinary visions. The property presents a ready-to-operate venue in a thriving commercial area, offering a strong foundation for immediate business operations or a lucrative investment opportunity. This turnkey operation is perfect for an owner-occupant or investor seeking a profitable venture in the hospitality sector. The property is categorized as retail and offers a unique blend of restaurant and bar functionality.

    Property Features for 3189 Mercer University Dr

    General Information

    Property type
    Restaurants
    Lot Size
    6,098 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Silly Lillys Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb - GA
    State
    Georgia
    Longitude
    -83.6808689
    Latitude
    32.8245581

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Ample Parking, High Traffic
    Where is this restaurant located?
    The property is located at 3189 Mercer University Dr Macon, GA.
    What is the asking price?
    The asking price for this property is $99,700.
    Request Owner's contact information
    3189 Mercer University Dr Macon, GA 31204
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    Macon, GA 31204
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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
    3189 Mercer University Dr Macon, GA 31204
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