For Sale
$800,000

1122 Gray HwyMacon, GA 31201

15,616 SF Office Building, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional redevelopment opportunity presents a 15,616 square foot office building situated on a 0.59-acre lot at 1122 Gray Highway in Macon, Georgia, 31201. Currently operating as the Middle Georgia Medical Complex, this property offers significant potential for repurposing. Built in 1962, the building boasts 100% occupancy and is priced at $800,000, or $51.23 per square foot. The property benefits from high visibility on I-11, experiencing over 42,000 vehicles per day, and serves a robust population exceeding 158,000 within a 10-mile radius. The site includes 67 parking spaces. Permitted uses are diverse and include, but are not limited to, professional office buildings, automobile service stations, car washes, museums, and hotels (minimum 40,000 sq ft lot). This below-replacement-cost investment presents a strong return potential. Seller financing is available. The property's location within Macon, GA, places it near key economic drivers such as aerospace, advanced manufacturing, food processing, healthcare, professional services, and warehouse/distribution. This is a prime opportunity for investors seeking a high-impact redevelopment project in a thriving market.

Highlights

  • $800,000 asking price for a 15,616 SF office building in Macon, GA.
  • Located at 1122 Gray Highway, Macon, GA 31201, on a 0.59-acre lot.
  • 100% occupancy with a single tenant (Middle Georgia Medical Complex), offering redevelopment potential.
  • Below replacement cost, presenting a strong investment opportunity.
  • High-traffic visibility on I-11, exceeding 42,000 vehicles per day (VPD).
  • 67 parking spaces.

Property Details for 1122 Gray Hwy

Property type
Office properties, Medical offices
Square Feet
15,616 SF
Year Built
1962
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.7918963
Longitude
-83.6029116
1122 Gray Hwy, Macon, Georgia

FAQs

What type of property is this?
Office property - 15,616 SF Office Building, Redevelopment Opportunity
Where is the office property located?
The property is located at 1122 Gray Hwy Macon, GA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: $800,000 asking price for a 15,616 SF office building in Macon, GA.; Located at 1122 Gray Highway, Macon, GA 31201, on a 0.59-acre lot.; 100% occupancy with a single tenant (Middle Georgia Medical Complex), offering redevelopment potential.
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1122 Gray Hwy
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