418 Third Street

Property Description

First Generation Restaurant Space (4,069± SF) – Neel’s Lofts / Mixed Use Development – Downtown Macon

Bring your restaurant vision to life in Macon’s most sought-after new address!  Completion is set for January 2026.

Neel’s Lofts, a stunning four-story development fronting Cherry Street and Third Street, will be home to 95 luxury lofts, 2 retail storefronts, a coworking space, and a premier restaurant opportunity.

• Seating Capacity:  140±
• Owner’s Buildout Investment: Includes four 5-ton HVAC units, 3-phase electrical, ample outlets, plumbing stubbed, hood chase, sheetrock walls, exposed ceilings, restrooms, water and gas meters, grease trap and fire sprinklers
• Tenant Improvement Allowance: $242,000 for light fixtures, flooring, paint, kitchen fixtures and more
• Suite Features: Separate water and gas meters, grease trap, fire sprinklers and fully stubbed utilities for a seamless buildout
• Ideal Operator: Multi-restaurant owner with a vision for expansion, a commitment to operational excellence, and a passion for delivering exceptional dining experiences
• Lease Rate: $18.00/PSF, NNN  (NNN estimated @ $2.00/PSF)   Total Monthly: $6,781.67
• Incentive: 6 months free rent
• Excluded Use: Bar (no bar-only concepts)
• Noise Policy: No live music past 10PM (95 luxury lofts above)
• Financing: Available through NewTown Macon

Downtown Macon:

• 86% Storefront Occupancy
• 400+ Businesses
• 25,000+ People work downtown
• 1,100+ Residents
• 830 Lofts
• 600 New hotel rooms projected in 3-5 years
• Area median income: $70,700

Location Highlights:

• High-visibility corner in the heart of downtown Macon
• Surrounded by luxury residences and vibrant retail
• Walkable to major attractions and business centers