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Property profile & analytics
OFF-MARKET
Office Spaces

350 2nd St Macon, GA 31201-2736

4,896 SF 0.07 ac lot Built 1890
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-2124654
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of The Woodward Hotel, a charming, locally-owned boutique hotel situated in the heart of historic downtown Macon, Georgia. This 4,864 square foot property, built in 1890 and extensively renovated in 2021, boasts nine uniquely designed guest rooms – five king rooms, two junior queen rooms, one ADA-compliant king room, and one double queen room. Each room features luxurious linens, plush mattresses, designer-tiled ensuite bathrooms, custom upholstery, and cozy reading chairs. A key feature is the acclaimed Quill Cocktail Bar, a literature-inspired establishment open to the public and recognized as one of "Seven Hotel Bars Worth a Stay" by Garden & Gun magazine. The hotel also includes an indoor lounge and a rooftop patio, providing ample space for guests to relax and enjoy. The property sits on a 0.07-acre lot (APN: R073-0251) and is zoned CBD-1. Further enhancing the investment potential, this sale includes three leased retail suites and seven loft units (six one-bedroom and two two-bedroom) totaling 13,721 square feet in a separate building at 362-378 Second Street, built in 1900 and renovated in 2023. These additional units offer significant expansion possibilities, with the loft units easily convertible into additional hotel rooms and the vacant retail spaces suitable for restaurant conversion. The asking price for this combined property is $2,250,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,896 SF
Lot 0.07 ac (3,049 SF)
Zoning code CBD-1
APN R073-0251
UPID US22-2124654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quill at The Woodward Bar & Pub Nightclub
  • The Woodward Hotel Hotel & Motel
  • The Woodward Hotel & Quill Cocktail Bar Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
350 Second LLC · 1 yrs held
350 Second LLC
since 2025
Last sale
$1.9M
7 recorded transactions
2025
Price N/A
2025
$1.9M
2019
$200,000
2018
Price N/A
2015
$160,000
2008
$310,000
1969
Price N/A
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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