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Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 81,021 sqft
Price per Sqft $6
MLS Listing ID 30497121
Sold Date 08/12/20
Year Built 1971
Lot Size 1.860 Acres
Acres 1.86
Property Sub-Type Retail
Property Description
This property is located in Andrews, SC in an Opportunity Zone at the corner of W. Ashland Street and N. Farr Avenue. Perfect opportunity to own an investment property with a history of generous cash flow. The current tenant is White Pine Land Company operating a Piggly Wiggly Grocery Store and has been at this location since 2013. The annual rental income is $90,000 and listed at a 13% cap rate. This approximate 23,752 SF, stand-alone, retail store is one of two grocery stores within a 15-mile radius of Downtown Andrews. With 191ft frontage on W. Ashland Street and 427ft on N. Farr Avenue, this is a well-proportioned site. Full-service grocery store with Pharmacy on-site. Call for more details.ANY AND ALL INFORMATION SHOULD BE VERIFIED BY POTENTIAL PROSPECTS.2018 Property Taxes: $12,142.80
Location
State SC
County Georgetown
Exterior
Parking Features Surface
Garage Spaces 125.0
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with J Miles Barkley • Lee & Associates - Chas
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Harrison Baker
Agent w/The Baker Group | License ID: 11134
Agent w/The Baker Group License ID: 11134