Improved Mixed-Use Land for Sale in Macon, Georgia
2742 Millerfield Rd Macon, GA 31217
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2742 Millerfield Rd Duresville Negro Elementary 1949 Historical so Historic Tax Credits Appy and Opportunities Zone Summary of Site 3 Building on 4 Acres First Building 3k sq ft is basically turnkey permit for electrical is in process. Second Building 7k sq ft and has 8 rooms 2 bathrooms and 2 offices. Estimated cost is for turnkey is 10k for electrical and install minisplits A/C per unit. Third Building is 12k sq ft with 8 rooms with bathrooms which is converting to apartments total sq ft per unit 812-830 sq ft . Also there is a Cafeteria space of 4k sq and a Kitchen which conversion into shared kitchen space. Basic cost analysis is 170k for full conversion of properties. The ROI is basically 16 units at a conservative rate of $800 per month is $11,200.00 per month total. Event Space has a Roi of estimated minimum $2,000. The Cafeteria space and Shared kitchen is in high demand for Vendor with Food trucks etc . A shared kitchen is a requirement for Food Trucks etc . There is endless options for this Historical School and there is sentimental value as well . Options :Veterans Housing, Senior Assisted Center , a School, Educator Lofts , Co-workspace etc etc.
Location
- Street Address
- 2742 Millerfield Rd
- County
- Bibb County
- Elevation
- 449 feet
Property details
- Zoning
- R1A
- MLS Number
- FMLS 7369535
- Date Posted
Property taxes
- 2022
- $1,845
Parcels
- U0630026
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Mixed Use
Structure
- Stories
- 1
Exterior
- Parking Spots
- 50
- Parking
- Parking Lot
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 20, 2024 | Back on market | $500,000 | — | FMLS |
June 19, 2024 | Under contract | $500,000 | — | FMLS |
June 6, 2024 | Price drop | $500,000 | $100,000 -16.7% | FMLS |
Apr 26, 2024 | Price increase | $600,000 | $50,000 9.1% | FMLS |
Apr 17, 2024 | New listing | $550,000 | — | FMLS |