Income-Producing Retail/Office Property | 689-691 North Ave
INVESTMENT OPPORTUNITY! Income-Producing Retail/Office Property | 5,300 SF | Macon
Marketing description
REDUCED! Excellent opportunity to acquire a well-located income-producing property in one of Macon’s highest traffic retail/commercial corridors. Building can function as a two- or three-tenant property, offering flexibility for investors or owner-users.
New five-year lease with Chiro Time Clinics in place and build-out is in progress, providing stable income upon completion.
Remaining 2,600 SF space is divisible, and ideal for owner occupancy or additional lease-up for increased cash flow. Space can be divided into two 1,300 SF suites. Ideal for mobile phone/wireless store, finance or lending company, insurance or professional office, and general retail or service-oriented business.
Situated in the high-traffic North Avenue/Gray Highway corridor, within sight of I-75/I-16 interchange. Convenient to Downtown Macon, with excellent visibility and accessibility. Neighbors include Kroger, El Sombrero, Wendy’s, McDonald’s, Arby’s, Hardee’s, O'Reilly Auto Parts, and QuikTrip.
Investment highlights
- Ample Parking
- Convenient to Downtown Macon
- High Traffic Area
- High-visibility location near interstate traffic
- New long-term lease provides income stability
- Upside through leasing remaining space
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