Mixed-Use Land for Sale in Macon, Georgia
2742 Millerfield Rd Macon, GA 31217
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 |
---|---|---|---|---|
June 18, 2024 | Under contract | $500,000 | — | FMLS |
June 5, 2024 | Price drop | $500,000 | $100,000 -16.7% | FMLS |
Apr 25, 2024 | Price increase | $600,000 | $50,000 9.1% | FMLS |
Apr 16, 2024 | New listing | $550,000 | — | FMLS |