Commercial Property for Sale in Macon Georgia 31204
2650 Riverside Dr, Macon, Georgia 31204
$1,500,000
$661 / sq ft 1.12% cap rate Listed Jun 26, 2024
2,269 sqft
Building
28,466 sqft
Lot
1980
Built
1
Stories
16
Parking
1
Units
About this property
Commercial Property for Sale in Macon Georgia 31204 is a convenience stores and gas station for sale in Macon, Georgia, listed at $1,500,000. Key details: year built 1980, building size 2,269 sqft, lot size 28,466 sqft, stories 1. Listed by Isaac Jordan of Atlanta Communities on LoopingCloud and last updated June 27, 2024.
Outstanding Opportunity To Own Gas Station In Excellent Location! Includes land and structure. Tenant Occupied. Located downtown Macon around a multitude of Inns, Fast Food, Restaurants, Auto Repair Shops & Various Retail Businesses. Great high traffic area across from Amerson River Park & Ocmulgee River. Right off exit on i75 in Macon. Less than 1 mile north of intersecting highway, i16. 7.5 miles from Downtown Macon Airport & 14 miles from Middle Georgia Regional Airport. Approximately 2 hours away from Atlanta & 2½ from Savannah, Georgia. All 8 pumps have been completely replaced in 2020 and have all new chip card readers (8 gasoline | 1 diesel ) 217 feet of road frontage | 16 parking spaces | Built 1980 | 2,269 sqft | 0.6535 acre lot This is 1 of 3 gas stations within a mile radius including a Shell and 76. 10 Year Davis Oil | 7 Year COAM
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1980
- Building Size
- 2,269 sqft
- Lot Size
- 28,466 sqft
- Stories
- 1
- Parking Spaces
- 16
- Total Units
- 1
- Building Class
- Class B
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $16,800
- Financing
- Third Party Financing
- Investment Property
- Active investment property
- Business Available for Sale
- Yes
- Business Price Included
- Yes
Investment snapshot
1.12%
Cap rate
$16,800
Net operating income
$661
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,500,000 | 1.12% | - | - | - |
| Purchase Only | $1,500,000 | 1.12% | - | - | - |
Features and amenities
Prominent Tenants
- Tenants have an optional 15 year lease starting in 2019 with 5 year renewal increments.
- Tenant takes care of any and all advertising, maintenance/repairs, vendor contracts, ordering, utilities, lawn care, etc.
Property Features
- All 8 pumps have been completely replaced in 2020 and have all new chip card readers (8 gasoline | 1 diesel )
- Rent Bumps: $300 annually with a cap of $6,800.
Highlights
- Great high traffic area across from Amerson River Park & Ocmulgee River.
Location
Address as shown by the lister.
Get directionsAbout this area - Macon
- Population
- 33,314
- Housing units
- 16,019
- Land area
- 15.0 sq mi
- County
- Bibb
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Commercial Property for Sale in Macon Georgia 31204?
Commercial Property for Sale in Macon Georgia 31204 is listed at $1,500,000. That works out to about $661 per square foot. The stated cap rate is 1.12%.
Where is Commercial Property for Sale in Macon Georgia 31204 located?
The property is in 2650 Riverside Dr, Macon, Georgia 31204, Bibb County.
What type of property is this?
This is a convenience stores and gas station for sale in the commercial category.
How big is the property?
The building is 2,269 sqft. The lot is 28,466 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Isaac Jordan of Atlanta Communities listed this property. Use the Request Info button to send a message or call (470) 646-1737.
When was this listing published?
It was published on June 26, 2024 and last updated on June 27, 2024.
Listing information
- Listing ID
- CL-Georgia-10781
- Published
- Jun 26, 2024
- Last updated
- Jun 27, 2024
- Views
- 688
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