Building Supply Business and Land For Sale

Industrial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30216848
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 48,575 SF
Gross Building Area: See Agent
Gross Land Area: 15.13 Acres
Sale Price: $2,400,000
Unit Price: $49.41 PSF
Ceiling: 18 ft. / 16 ft. Clear
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

In OPPORTUNITY ZONE. Family owned 40 year plus old established successful building supply facility. Sale to include inventory, trucks and equipment. Serves a large area from Charleston to Orangeburg and north and south along I-95. One of a few building suppliers between those areas. Owner retiring. Main bldg. has a 4800sf retail showroom/office with second floor 4,425sf of office and storage. Showroom is attached to 12,500sf of drive in warehouse. An adjacent 5000sf warehouse currently used for millwork storage. Total square feet 22,300sf. Three covered lumber sheds totaling 21,768sf. Could be enclosed. Total buildings 48,525sf. Current operation sits on about 8 acres leaving about 7.2 acres for future development. Can purchase 7.2 acres separately therefore reducing the building supply price to $2,250,000. Owner will consider a sale of business and equipment and lease the buildings with purchase agreement. Wants to sell existing business so employees can continue to be employed. Employees do not know owners intent to sell so no inquiries direct without signing a confidentiality agreement for financial and additional details. Must call agent to arrange an appointment to view. Owner prefers Sat. after closing at noon. Property located on Hwy 453(Gardner Blvd) about 1 mile south of Holly Hill. Owner will consider financing a portion to qualified buyers.

Additional Details

Nearest MSA: Orangeburg
County: Orangeburg
Submarket/Township: 83 - Orangeburg County
Tax ID/APN: 0333-00-08-003
Highway Access: Fronts Hwy 453, 1 mile south of Holly Hill and 4 miles to I-26 exit 177.
Total Number of Buildings: 5
Property Condition: Excellent
Year Built: 1988
Year Renovated: 2019
Parking Type: Surface
Eave Height: 18
Sprinklers: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,777 6,517
Median Age: 40.25 40.06
Households: 1,093 2,499
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