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Property profile & analytics
OFF-MARKET Estimated value $1,305,000
Bars & Pubs

473 2nd St Macon, GA 31201-2733

22,694 SF 0.24 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-0268599
Property summary
AI-generated overview

This exceptional 22,694 square foot, two-story commercial building presents a remarkable redevelopment opportunity in the heart of downtown Macon, Georgia. Ideally situated adjacent to the Truist Bank Office Building and Bert Maxwell Furniture, this property boasts a prime location and significant historical presence as the former Crazy Bull Nightclub. The building features two distinct suites. Suite "A," encompassing 11,347 square feet on the main level, previously housed the nightclub and includes extensive bar areas (three bars with multiple terminals and sinks), a dance floor, elevated stage, booth seating, a private office, storage, and a restaurant area complete with a grease trap, hood, hand sink, and a 9x14 walk-in cooler. Restrooms are substantial, with eight urinals, four stalls, and six sinks in the men's room and twelve stalls and six sinks in the women's room. The upper level mirrors the main floor's spaciousness, offering another 11,347 square feet with a dance floor, bar, VIP stadium seating, and a large storage area. Suite "B," a 2,500 square foot lower-level space with a separate Second Street entrance, features a dance floor, stage, private room, bar with cooler, and restrooms. A non-functional elevator is present. The property also includes an outdoor area and parking lot currently leased separately by the seller, with usage hours from 6 PM to 6 AM. The property sits on 0.24 acres, was built in 1960, and is zoned CBD-1. 2023 property taxes totaled $10,059.56. This property is a blank canvas for a variety of commercial ventures.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Total area 22,694 SF
Lot 0.24 ac (10,454 SF)
Zoning code CBD-1
APN Q074-0410
UPID US22-0268599
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
  • The Crazy Bull Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.31M
Owner & transaction history
473 2nd Street LLC · 3 yrs held
473 2nd Street LLC
since 2023
Last sale
$1.4M
7 recorded transactions
2023
$1.4M
2017
$718,924
2012
Price N/A
2012
Price N/A
2011
$2,900
2011
$2,853
2011
Price N/A
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

apter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5…

Zone name Central Business District
General category COMMERCIAL
Zone area 277.27 ac
Source Planning & Zoning Commission
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