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About This Home

This 0-bedroom, 0-bathroom commercial at 4849 Mercer University Drive in Macon, GA is listed for $1,295,000 ($181 per sqft). Built in 1950, the home offers 7,153 sqft of living space on a 1.11 acres lot.

Agent Description

This two-property Georgia salon suite portfolio offers investors the opportunity to acquire stabilized, income-producing commercial assets in two established markets: Macon and Metro Atlanta. The portfolio includes approximately 7,153 square feet across two single-story buildings situated on a combined 1.11 acres, with both properties benefiting from strong roadway visibility, convenient access, and ample on-site parking.

The Macon asset, located at 4849 Mercer University Drive, consists of approximately 3,136 square feet on 0.33 acres along one of Macon's highly visible commercial corridors. The property is fully built out as salon suites and is being offered with a five-year owner leaseback at $5,700 per month plus utilities, providing immediate income and reduced transition risk for the new owner.

The site benefits from approximately 21,700 vehicles per day and strong frontage along Mercer University Drive. The Metro Atlanta asset, located at 5610 Old National Hwy in College Park, consists of approximately 4,017 square feet on 0.78 acres in the established College Park / South Fulton commercial submarket.

The property operates as salon suites with active tenants in place and includes a flexible layout with multiple individual suites, an additional office space that may be converted into a suite, and a double suite configuration that enhances leasing flexibility.

Existing salon suite leases and operating businesses convey with the sale, creating a true turnkey investment opportunity. Together, these properties provide a diversified salon suite investment platform with built-in occupancy, established operations, and attractive visibility in two Georgia markets.

The suite-based income model helps spread occupancy risk across multiple users while offering flexibility for continued salon operations or future repositioning into compatible service-based uses such as professional office, medical, wellness, or creative workspace. This portfolio is well-positioned for investors seeking stabilized cash flow, operational continuity, and long-term upside through tenant retention, suite optimization, and continued demand for small-format service space.

Key Features

  • Built in 1950
  • 1.11 acre lot

Property Details

1950

Amenities

A/C

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

4849 Mercer University Drive

Macon, GA 31210

Property Details

Construction

Frame

Parking

Parking Lot

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4849 Mercer University Drive is listed at $1,295,000 ($181/sqft). The estimated monthly payment is $5,612 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 1.11 acre lot.

This property is listed by Angie W Ponsell and can be reached at 4042262002 or angieponsell@kw.com.

AP

Angie W Ponsell

Agent at Keller Williams Realty First Atlanta

(404) 226-2002

Listed by Keller Williams Realty First Atlanta

MLS# 10790353· Source: listhub· Updated 147 days ago

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4849 Mercer University Drive, Macon, GA 31210

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