32 Macon StMcDonough, GA 30253

Property Details for 32 Macon St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

5,252 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

M20-02002000

APU

M2002002000

Description

This exceptional mixed-use property, located in McDonough Square's historic district, offers 5,252 square feet of renovated space. The two-story building, constructed in 1900 and completely renovated in 2020, features two units, each with approximately 2,626 square feet. The first floor boasts four individual offices, approximately 1,900 square feet of open space, two restrooms, and elevator access, along with a controlled-access lobby/waiting area. The second floor offers one executive office, approximately 2,000 square feet of open space, and two restrooms, also with elevator access. Modern amenities include new flooring, updated fixtures, fiber optic internet, and full air conditioning. The property includes 20 parking spaces in a dedicated lot and is ADA compliant. Zoned C2-Commercial, it benefits from its location in the vibrant McDonough Square, close to I-75 and the Henry County Court Complex. The asking price is $1,000,000, representing $190.40 per square foot. A five-year net lease with a corporate guarantee is in place, expiring May 31, 2025, with approximately six months remaining. This fee-simple ownership opportunity presents a rare chance to acquire a prime commercial space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $668,023

  6.5%

  $616,636

  7%

  $572,591

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,024,455

  Geo Method

  $1,024,455

• Alternative Use

  Use

  Valuation

  Residential

  $764,629

  Hospitality

  $700,396

  Educational

  $582,722

  Medical

  $602,762

  Retail

  $906,456

Location Insight

City

Mcdonough

County

Henry

State

Georgia

Latitude

33.4468

Longitude

-84.1461

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].