125 State St, Macon, GA 31206
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Property Description
14,700 SF building consisting of warehouse and approximately 3,500 SF of office space on .85 Acres. Dock Doors 3; Ramped Doors 1; Van Height Doors 1. Vehicle and truck parking in the front area. Existing Tenant has been in the space 20 years and currently has a lease in place with 7 years remaining. Landlord responsible for repairs to roof, structure and parking lot. Tenant pays Taxes, Insurance and Maintenance.
Location:
Located in Downtown Macon Industrial District with good access to major traffic arteries and Downtown Macon.
Property Details
General
- Property Name: State St
- Property Status: Sold
- Sold Date: March 15, 2019
- Sold Price: $525,000.00
- Property Type: INDUSTRIAL
- Sub Type: WAREHOUSE
- Class: SALE
- Investment Property: Yes
- County: Bibb
- Zoning Description: M-2
- Lot Size: 0.85 Acres
Building
- Building Size: 14,700 SF
- Unit Size: 14,700 SF
- Year Built: 1986
Utilities
- Utilities: ELECTRIC IS AVAILABLE
Financial
- Cap Rate: 9.10%
