Active
2742 MILLERFIELD Road
Macon GA, 31217
$500,000
Active
Commercial
Built in 1949
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.
7369535
MLSⓇ ID
April 17, 2024
Listed
November 21, 2024
Updated
Map
2742 MILLERFIELD Road
Macon GA, 31217
Interior Features
Total Stories
1
Interior Features
Beamed Ceilings
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
4.13 Acres
Lot Features
Business Park, Free Standing, Level, Private, Other
Roof
Asphalt, Other
Other Property Details
Taxes
$1,845
Tax Frequency
Annually
Days on Market
53
Garage
No
Parking
Parking Lot
Parking Total
50
View
Yes
View Description
City, Trees/Woods
County
Bibb - GA
Pool
No
Zoning
R1A
Green Building Features
Green Features
None
Listing History
Date | Event | Price |
---|---|---|
11/20/2024 | Active | — |
6/18/2024 | Pending | — |
6/5/2024 | Price change | $500,000 -17% |
4/25/2024 | Price change | $600,000 9% |
4/17/2024 | Active | — |
Listed by Rhonda Perryman with Maximum One Realty Greater ATL. 770-919-8825
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Data last updated 10:24 PM UTC, 11/21/2024