Property Description
INVESTMENT OPPORTUNITY – SHOWN BY APPOINTMENT ONLY
- Two (2) Multi-Story Mixed-Use Buildings
- 100% leased retail / office / lofts (Financials furnished upon request)
- 11,735± Total SF of ground floor retail / office with 29 loft apartments above overlooking Macon
- Kessler Lofts – 4-Story Building – 15,820± SF
- Sterchi Lofts – 5-Story Building – 33,850± SF
- Unique opportunity to acquire this landmark building in historic Downtown Macon
- Ability to add value by increasing below market office rent and/or converting retail / office to lofts
- Very low historical vacancy with waiting list for lofts
- Located in the middle of Macon’s Central Business District
- Busy Downtown signalized intersection of Cherry Street & Martin Luther King Jr. Blvd.
- Shopping, banks, restaurants, entertainment and worship within walking distance
- 17,300± Average daily vehicles per day
- Access to Public Transportation
- Two major highways – Interstate 75 & Interstate 16
- One hour south of Atlanta
Property Details
Sale Type
Property Type
Investment
Zoning
CBD-1
Building sq. ft.
49,670 sq. ft.
- 49,670 sq. ft.
(+/-)
Lot Size
0.00 acres (+/-)
Year Built
1919, 1990
Stories
2 Buildings - 4-Story & 5-Story
Multi Tenant
Yes