915 Hill Park - Office FOR SALE


Macon, GA 31201- Downtown Macon
$1,490,000 USD
478-951-3991
915 Hill Park, Macon, GA for Sale
$1,490,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

NEW


915 Hill Park
Macon, GA 31201
Downtown Macon


HIGHLIGHTS

  • 21,000± SF Multi-Tenant Office Building
  • Three-story building plus basement
  • Five tenants currently occupying the property
  • Downtown Macon location places the building near major employers, healthcare, government, professional services, restaurant, entertainment
  • Attractive opportunity for an investor seeking an income-producing office asset
  • Property combines historic architectural character with established tenancy and in-place income

OVERVIEW

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).

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Whittle Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

CBD-1

APN/PARCEL ID

Q074-0056,Q074-0057

ASK ABOUT THIS PROPERTY

Hal HarperColdwell Banker Commercial Eberhardt & Barry, Inc.More Info
478-951-3991

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Hal HarperColdwell Banker Commercial Eberhardt & Barry, Inc.More Info
478-951-3991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.