Historic Office and Institutional
94 Macon Street McDonough, GA 30253
94 Macon Street, McDonough, GA, 30253
Contact for pricing
For Sale
Contact for pricing
Historic corner office building with O&I zoning, multiple fireplaces, offices, and private parking for owner-users and investors.
Property Size2,853 SF
Price / SF$152.47
Days on Market55
Property Features for 94 Macon Street
General Information
- Standard status
- Active
- Size
- 2,853 SF
- Property subtype
- Office, Hospitality, Mixed Use
Building Details
- Year Built
- 1885
Listing agency
Chapman Group Realty, Inc
Listed by
Joe Chapman · License #346657
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 10:13AM
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 Chapman Group Realty, Inc
Investment Insights
Based on property information with market context.
This partially renovated historic building dates to 1885 and blends original architectural character with a functional commercial layout. Interior features include soaring ceilings, original hardwood floors, extensive original woodwork, intricate molding, and a barn door. The flexible configuration includes multiple bedrooms and office areas, conference room space, two full bathrooms, and two half bathrooms, along with six fireplaces that can support a distinctive atmosphere for a range of professional uses.
The property sits on a prominent corner lot at Macon Street and Bryan Street, just steps from historic McDonough Square. The site includes a wraparound front porch, a covered screened-in back porch, and a side porch, plus a fenced and gated lot. There is ample private parking, a large backyard that may support additional parking or outdoor use, and multiple storage sheds.
Zoned O&I (Office & Institutional), the building is well suited for professional offices, wellness practice, nonprofit headquarters, galleries, or other creative and administrative uses consistent with the zoning. With an owner-user able to complete the remaining renovations, or an investor looking for a distinctive downtown property, the space offers multiple room types for varied tenant fit while preserving the historic elements that define the asset.
The property sits on a prominent corner lot at Macon Street and Bryan Street, just steps from historic McDonough Square. The site includes a wraparound front porch, a covered screened-in back porch, and a side porch, plus a fenced and gated lot. There is ample private parking, a large backyard that may support additional parking or outdoor use, and multiple storage sheds.
Zoned O&I (Office & Institutional), the building is well suited for professional offices, wellness practice, nonprofit headquarters, galleries, or other creative and administrative uses consistent with the zoning. With an owner-user able to complete the remaining renovations, or an investor looking for a distinctive downtown property, the space offers multiple room types for varied tenant fit while preserving the historic elements that define the asset.
Key Highlights
- Built in 1885, historic corner office building on Macon St and Bryan St (steps from Historic McDonough Square).
- Zoned O&I (Office & Institutional), with flexible use for professional offices, wellness practice, nonprofit headquarters, gallery, or creative workspace.
- Flexible interior layout with offices, multiple bedrooms, conference‑room areas, and 2 full and 2 half bathrooms.
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 | $68.1k | $23.87 |
| − Vacancy | −$17.2k | −$6.02 |
| EGI | $50.9k | $17.85 |
| − OpEx | −$12.7k | −$4.46 |
| NOI | $38.2k | $13.39 |
2,853 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$545.8K
$477.6K – $636.8K
NOI $38,205 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$797.5K
$697.8K – $930.5K
NOI $55,827 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Historic corner office building with O&I zoning, multiple fireplaces, offices, and private parking for owner-users and investors.
Where is this office building located?
The property is located at 94 Macon Street McDonough, GA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Built in 1885, historic corner office building on Macon St and Bryan St (steps from Historic McDonough Square).; Zoned O&I (Office & Institutional), with flexible use for professional offices, wellness practice, nonprofit headquarters, gallery, or creative workspace.; Flexible interior layout with offices, multiple bedrooms, conference‑room areas, and 2 full and 2 half bathrooms.
