Opportunity Zone Retail Redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 30816372
Property Subtypes: Free-Standing Building
Building Size (RSF): 14,207 SF
Gross Land Area: 0.90 Acres
Sale Price: $795,000
Unit Price: $55.96 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 14,207 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2022

Overview / Comments

Offered for sale a well located multi-tenant strip center in historic Downtown Georgetown. The property is currently configured with 8 individual units and totals 14,207sf, with ample off street parking in the front and rear of the property. 204 S Fraser is situated directly on Highway 17, which is Georgetown's major thoroughfare and in close proximity to historic waterfront area of town. Ideal opportunity to rehab or redevelop an existing property located within SC Opportunity zone.

Additional Details

Nearest MSA: Georgetown
County: Georgetown
Tax ID/APN: 05-0026-199-00-00; 05-0026-202-00-00
Zoning: M1
Tenancy: Multiple Tenants
Property Condition: Fair
Year Built: 1970
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Zoning Description: IC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,229 12,463 15,235
Median Age: 39.42 37.31 38.85
Households: 1,616 4,796 5,848
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