609 Cherry St Macon, GA 31201-2623
- Investment properties
- 6,732 SF
- 0.05 lot acres
Current Use by Public Records
- Georgia Real Estate Advisors, LLC / Real Estate Agency
- Brittain Thompson Bray Brown / Architect
- Mighty Dog Roofing / Roofing Contractor / Siding Contractor
- Iron Oak Wealth Management / Financial Planner
Property Details for 609 Cherry St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 6,732 SF
- Zone code
- CBD-1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- R073-0229
- APU
- R0730229
Description
This Class A, three-story office building at 609 Cherry Street, Macon, GA 31201, offers a variety of spaces, including executive, traditional, creative, and coworking options. The 6,750 square foot building, built in 1900 and extensively renovated in 2021, is located in the CBD-1 zone near 2nd Street. Currently, there are multiple tenancies available, with 240 square feet of vacant space. Individual suites range from 240 to 2,250 square feet. Suite 317 is available for $500 per month, and Suite 315 for $700 per month. Coworking spaces are also available at $150 per seat. All spaces are fully furnished and include shared restrooms, a break area, a copy area, and controlled access. Utilities such as power, water, high-speed internet, and Wi-Fi are included, along with copier access. Note that a conference room is available for rent at $20 per hour, with copy charges of $0.10 for black and white and $0.25 for color copies. The building offers up to 4 parking spaces. This newly renovated space is located on the third floor, accessible via two flights of stairs. APN: R073-0229.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $360,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $325,000
- Mixed-Use
- $325,000
- Hospitality
- $295,000
- Educational
- $365,000
- Residential Income
- $345,000
- Energy
- $390,000
- Income-Based Land
- $315,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6291
- Latitude
- 32.8369
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA