2742 MILLERFIELD RD Active Save Request In-Person Tour Request Virtual Tour
Macon,GA 31217
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7369535
Year Built 1949
Annual Tax Amount $1,845
Tax Year 2022
Lot Size 4.130 Acres
Property Description
2742 Millerfield Rd Duresville Negro Elementary 1949 Historical so Historic Tax Credits Appy and Opportunities Zone Summary of Site 3 Building on 4 Acres First Building 3k sq ft is basically turnkey permit for electrical is in process. Second Building 7k sq ft and has 8 rooms 2 bathrooms and 2 offices. Estimated cost is for turnkey is 10k for electrical and install minisplits A/C per unit. Third Building is 12k sq ft with 8 rooms with bathrooms which is converting to apartments total sq ft per unit 812-830 sq ft . Also there is a Cafeteria space of 4k sq and a Kitchen which conversion into shared kitchen space. Basic cost analysis is 170k for full conversion of properties. The ROI is basically 16 units at a conservative rate of $800 per month is $11,200.00 per month total. Event Space has a Roi of estimated minimum $2,000. The Cafeteria space and Shared kitchen is in high demand for Vendor with Food trucks etc . A shared kitchen is a requirement for Food Trucks etc . There is endless options for this Historical School and there is sentimental value as well . Options :Veterans Housing, Senior Assisted Center , a School, Educator Lofts , Co-workspace etc etc.
Location
State GA
County Bibb
Zoning R1A
Rooms
Other Rooms Storage - Other
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Exterior
Garage Parking Lot
Fence Fenced
Utilities Available Electricity Available
Waterfront Description None
View City,Trees/Woods
Roof Type Asphalt,Other
Building
Lot Description Business Park,Free Standing,Level,Private,Other
Story One
Foundation Concrete Perimeter,Slab
Structure Type Block,Concrete
New Construction No
Others
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Special Listing Condition None