705 Gray HwyMacon, GA 31211

Property Details for 705 Gray Hwy

Year built

1955

Construction

STEEL FRAME

Lot size

0.69 AC

Property size (Sq ft)

1,279 SF

Zone code

C-4

Property type

Retail properties

Property subtype

Auto shops

APN

R071-0072

APU

R0710072

Description

This exceptional 595 square foot office space is located in the heart of downtown Golden, Colorado, directly beneath the iconic "Welcome to Golden" sign. The property is part of a three-story, 15,684 square foot traditional office building featuring multiple tenancies and convenient elevator access. Benefit from the free covered parking directly behind the building, supplementing the ample street parking readily available. This prime location offers unparalleled convenience, situated at the base of the Front Range mountains and only 15 miles from Denver's bustling city center. Enjoy the vibrant atmosphere with a wide array of retail and restaurant options within walking distance, making this space ideal for businesses seeking a blend of accessibility, mountain views, and a thriving urban environment. The building was renovated in 2999. This is a rare opportunity to secure a highly desirable office space in a sought-after location. The available space is perfect for a small business or professional needing a well-located and easily accessible office. Don't miss this chance to establish your business in the charming and convenient downtown Golden area.

• CAP approach

  CAP return

  Valuation

  6%

  $239,141

  6.5%

  $220,746

  7%

  $204,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $628,694

  Geo Method

  $628,694

• Alternative Use

  Use

  Valuation

  Residential

  $186,207

  Hospitality

  $170,565

  Educational

  $141,908

  Medical

  $146,788

  Retail

  $220,746

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8493

Longitude

-83.6237

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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