915 Hill Park, Macon, GA 31201, Macon, GA 31201
sale
$1,490,000
|
Office
Courtesy Of Coldwell Banker Commercial Eberhardt & Barry
HISTORIC DOWNTOWN MACON MULTI-TENANT OFFICE INVESTMENT 21,000+/- SF | FIVE TENANTS | 9+ CAP RATE 915 Hill Park presents an opportunity to acquire a substantial multi-tenant office investment in Downtown Macon. The property combines historic architectural character with established tenancy and in-place income. The offering includes a 0.16+/- acre rear parking lot located at 223 Spring Street, providing an important supporting component for this office property. Three-story building plus basement Five (5) tenants currently occupying the property 0.52+/- Acre total site Includes 0.16+/- acre rear parking lot at 223 Spring Street. Zoned CBD-1 NOI supports 9+ cap rate AN INCOME-PRODUCING DOWNTOWN ASSET The multi-tenant configuration provides diversified rental income within a single investment property. Its Downtown Macon setting places the building near major employers, healthcare, government, professional services, restaurants and cultural destinations. INVESTMENT POSITIONING The property's current NOI supports an approximate 9+ cap rate based on the $1,490,000 offering price. Attractive opportunity for an investor seeking an income-producing office asset. CONFIDENTIAL FINANCIAL INFORMATION Detailed rent roll and income/expenses are available to qualified prospects upon execution of a Confidentiality / Non-Disclosure Agreement (NDA).
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Property Features
- Architecture Style: Other
- MLSID: PRW97S
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