473 2nd St Macon, GA 31201-2733
- Bars
- 22,694 SF
- 0.24 lot acres
Current Use by Public Records
- The Crazy Bull / Bar
Property Details for 473 2nd St
- Year built
- 1900
- Lot size
- 0.24 lot acres
- Property size
- 22,694 SF
- Zone code
- CBD-1
- Property type
- Bars
- Property subtype
- Pubs
- APN
- Q074-0410
- APU
- Q0740410
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,570,000
- 6.5%
- $1,465,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,520,000
- Geo Method
- $1,430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,415,000
- Retail
- $1,195,000
- Mixed-Use
- $1,175,000
- Hospitality
- $1,495,000
- Educational
- $1,510,000
- Residential Income
- $1,330,000
- Energy
- $1,230,000
- Income-Based Land
- $1,375,000
- Food Service
- $1,210,000
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6301
- Latitude
- 32.836
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
