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 20, 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

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2024  First Multiple Listing Service, Inc.

©2024 FMLS. All rights reserved. 

Data last updated 6:40 PM UTC, 11/20/2024

Powered byLuxury Presence