GA
Oconee
Athens
30606
8420 Macon Highway
8420 Macon Highway, Athens, GA 30606
Share Listing
Listing Type
Multi Family
Listing Status
active
22
$500,000

Home Details for 8420 Macon Highway

Price
$500,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1981
Lot size acres
1
County
Oconee
Garage
Basement
Dirt Floor
Days on site
48
MLS Listing#
10635060
Property Description

Investment Highlights: Immediate Income Potential: Currently configured as a two-unit rental duplex, ideal for continued residential leasing while pursuing future redevelopment. Commercial Upside: Adjacent property was recently rezoned for office use, increasing the likelihood of successful rezoning for commercial, office, or mixed-use development. Prime Location: Directly beside Athens Academy and minutes from Watkinsville and Athens, with excellent traffic counts and corridor visibility. Path of Progress: The U.S. 441 / Macon Highway corridor continues to attract major investment, including Oconee Mercantile (planned mixed-use project), Christian Brothers Automotive, and other emerging medical and professional developments. Flexible Exit Strategies: Operate as a rental duplex for steady cash flow or pursue rezoning and redevelopment to maximize long-term asset value. Property Description 8420 Macon Highway offers a prime investment opportunity with both immediate income and long-term redevelopment potential along the rapidly expanding U.S. 441 / Macon Highway corridor in Oconee County. This single-story, all-brick duplex totals approximately 2,213 square feet on 1.09 acres directly adjacent to Athens Academy. Each unit features its own private entrance, full kitchen, living area, and sunroom-with one side configured as a 2-bedroom, 1-bath and the other as a 2-bedroom, 1.5-bath. The property provides ample parking, a level site, and high visibility with convenient access to both Watkinsville and Athens. The prospects of immediate rental revenue potential while offering significant upside through renovation or commercial repositioning. Importantly, the parcel sits immediately adjacent to a property recently rezoned for office use, underscoring the strong likelihood of successful rezoning for commercial development. With its strategic location, strong traffic exposure, and proximity to established institutional anchors, 8420 Macon Highway stands out as an excellent candidate for future office, professional services, or small-scale commercial redevelopment-while maintaining flexibility as a functional duplex investment in the near term. Location Highlights Positioned beside Athens Academy and just down the road from Presbyterian Village, this property lies squarely within Oconee County's most active growth and redevelopment corridor. The area continues to attract both commercial and medical development, including the planned Oconee Mercantile mixed-use project, Christian Brothers Automotive, and other professional offices near Hog Mountain Road (Highway 53). This corridor serves as a primary gateway to Watkinsville and southeast Oconee County, supported by strong traffic counts, new infrastructure investment, and robust development momentum. The combination of existing income, rezoning potential, and location in the path of progress makes 8420 Macon Highway a rare and versatile investment opportunity in one of the region's most desirable growth areas.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Basement
    • Dirt Floor
School Information
School Information for 8420 Macon Highway, Athens, GA 30606
Elementary School
Oconee County Primary/Elementa
Middle School
Oconee County
High School
Oconee County
Listing Courtesy: Orbit Real Estate Partners - 706-993-3400
Georgia MLS logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright ©2025 GAMLS. All rights reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Georgia MLS.
EXIT FOR SALE REALTY
254 W. Franklin St., Hartwell, GA 30643
Office
706 377 2525
Request more details
Code: