609 Cherry StMacon, GA 31201

Property Details for 609 Cherry St

Year built

1900

Lot size

0.05 AC

Property size (Sq ft)

6,732 SF

Zone code

CBD-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

R073-0229

APU

R0730229

Description

This Class A, three-story office building at 609 Cherry Street, Macon, GA 31201, offers a variety of spaces, including executive, traditional, creative, and coworking options. The 6,750 square foot building, built in 1900 and extensively renovated in 2021, is located in the CBD-1 zone near 2nd Street. Currently, there are multiple tenancies available, with 240 square feet of vacant space. Individual suites range from 240 to 2,250 square feet. Suite 317 is available for $500 per month, and Suite 315 for $700 per month. Coworking spaces are also available at $150 per seat. All spaces are fully furnished and include shared restrooms, a break area, a copy area, and controlled access. Utilities such as power, water, high-speed internet, and Wi-Fi are included, along with copier access. Note that a conference room is available for rent at $20 per hour, with copy charges of $0.10 for black and white and $0.25 for color copies. The building offers up to 4 parking spaces. This newly renovated space is located on the third floor, accessible via two flights of stairs. APN: R073-0229.

• CAP approach

  CAP return

  Valuation

  6%

  $1,061,775

  6.5%

  $980,100

  7%

  $910,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,035,373

  Geo Method

  $2,035,373

• Alternative Use

  Use

  Valuation

  Residential

  $980,100

  Hospitality

  $897,766

  Educational

  $746,931

  Medical

  $772,619

  Retail

  $1,161,892

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8369

Longitude

-83.6291

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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