Search
Historic Downtown Office Building
For Sale
$435,000

94 Macon Street, McDonough, GA 30253

Commercial Sale, Mcdonough, GA

Property Size2,853 SF
Price / SF$152.47
Days on Market141

Property Features for 94 Macon Street

General Information

Property type Commercial Sale
Property subtype Office
Parking features On Street, Parking Lot
Fencing Fenced, Privacy
Lot features City Lot, Corner Lot, Level
Directions GPS
Standard status Active
APN M2012012000
Size 2,853 SF

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 3188

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

six fireplaces
wraparound front porch
covered screened-in back porch
side porch
fenced and gated lot
large backyard
multiple storage sheds

Building Details

Year built 1885
Flooring type Hardwood, Tile
Building materials Wood Siding
Roof type Composition
Listing Agency: Chapman Group Realty, Inc.
Listed By: Joseph F Chapman · License #346657
Added: May 19 Changed: Sep 14 Last Checked: Oct 6 at 4:06AM
MLS# 10769454

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1885, this 2,853-square-foot wood-sided office property combines a flexible interior with preserved architectural features. The layout includes multiple rooms that can function as offices, bedrooms, conference areas, or other workspace configurations, along with two full bathrooms and two half bathrooms. Hardwood and tile flooring, extensive woodwork, detailed molding, soaring ceilings, and six fireplaces contribute to the building’s character. Central heating and central air provide building-wide climate control.

The property occupies a corner at Macon Street and Bryan Street near the historic McDonough Square in downtown McDonough. O&I zoning supports uses such as professional offices, wellness practices, nonprofit headquarters, galleries, and creative workspace. Exterior improvements include a wraparound front porch, covered screened-in back porch, side porch, fenced and gated grounds, private parking, multiple storage sheds, and a backyard that can accommodate additional parking or outdoor gatherings. The property is partially renovated and suited to an owner-user or investor completing the remaining work.

Key Highlights

  • 1885 construction with 2,853 square feet of commercial space
  • O&I zoning supports professional offices, wellness practices, galleries, and creative workspace
  • Flexible layout with multiple rooms, conference areas, 2 full bathrooms, and 2 half bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,205
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,100 $764.1K
Cap Rate 7%
$545,786 $545.8K
Cap Rate 9%
$424,500 $424.5K
Market Conditions
NOI Build-Up for 2,853 SF
Gross rent
$68.1K $23.87/SF
− Vacancy
−$17.2K −$6.02/SF
EGI
$50.9K $17.85/SF
− OpEx
−$12.7K −$4.46/SF
NOI
$38.2K $13.39/SF
Area
Henry County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,100
Cap Rate 7%
$545,786
Cap Rate 9%
$424,500

Alternative Uses

Best Use
Office B
$545.8K
$477.6K – $636.8K (±1% cap)
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 (±1% cap)
NOI $55,827 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,119
Businesses Nearby

Demographics for 30253, GA

62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - O&I-zoned commercial property with flexible rooms, private parking, porches, and original architectural details.
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: 1885 construction with 2,853 square feet of commercial space; O&I zoning supports professional offices, wellness practices, galleries, and creative workspace; Flexible layout with multiple rooms, conference areas, 2 full bathrooms, and 2 half bathrooms
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
Why this one?
Saved
Reason not saved — we won't ask again