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**SOLD** 370 & 382 Cherry Street

$5,400,000

370 Cherry Street
382 Cherry Street
Bibb County
Macon, GA 31201

Listing Agent

Deidra Stewart

Deidra Stewart

Commercial Realtor
M: 478-508-2652
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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

Property Pricing

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