473 2Nd StMacon, GA 31201

Property Details for 473 2Nd St

Year built

1900

Lot size

0.24 AC

Property size (Sq ft)

22,694 SF

Zone code

CBD-1

Property type

Retail properties

Property subtype

Bars

APN

Q074-0410

APU

Q0740410

Description

This exceptional 22,694 square foot, two-story commercial building presents a remarkable redevelopment opportunity in the heart of downtown Macon, Georgia. Ideally situated adjacent to the Truist Bank Office Building and Bert Maxwell Furniture, this property boasts a prime location and significant historical presence as the former Crazy Bull Nightclub. The building features two distinct suites. Suite "A," encompassing 11,347 square feet on the main level, previously housed the nightclub and includes extensive bar areas (three bars with multiple terminals and sinks), a dance floor, elevated stage, booth seating, a private office, storage, and a restaurant area complete with a grease trap, hood, hand sink, and a 9x14 walk-in cooler. Restrooms are substantial, with eight urinals, four stalls, and six sinks in the men's room and twelve stalls and six sinks in the women's room. The upper level mirrors the main floor's spaciousness, offering another 11,347 square feet with a dance floor, bar, VIP stadium seating, and a large storage area. Suite "B," a 2,500 square foot lower-level space with a separate Second Street entrance, features a dance floor, stage, private room, bar with cooler, and restrooms. A non-functional elevator is present. The property also includes an outdoor area and parking lot currently leased separately by the seller, with usage hours from 6 PM to 6 AM. The property sits on 0.24 acres, was built in 1960, and is zoned CBD-1. 2023 property taxes totaled $10,059.56. This property is a blank canvas for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $4,243,214

  6.5%

  $3,916,814

  7%

  $3,637,041

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,155,263

  Geo Method

  $11,155,263

• Alternative Use

  Use

  Valuation

  Residential

  $3,303,979

  Hospitality

  $3,026,427

  Educational

  $2,517,952

  Medical

  $2,604,548

  Retail

  $3,916,814

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.836

Longitude

-83.6301

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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