Active

2742 MILLERFIELD Road

Macon GA, 31217

$600,000


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 4, 2024

Listed

May 9, 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

8


Garage

No


Parking

Parking Lot


Parking Total

50


View

Yes


View Description

City, Trees/Woods


County

Bibb - GA


Pool

No


Zoning

R1A


Buyer Agency Compensation

3%

Green Building Features

Green Features

None

Listing History

Date

Event

Price

4/25/2024

Price Change

$600,000

9%

4/17/2024

Active

Listed by Rhonda Perryman with Maximum One Realty Greater ATL. 678-558-6976

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Data last updated 1:20 AM UTC, 5/9/2024

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