Opportunity Zone Retail Redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 30820521
Property Subtypes: Free-Standing Building
Building Size (RSF): 14,207 SF
Gross Building Area: See Agent
Gross Land Area: 0.90 Acres
Sale Price: $795,000
Unit Price: $55.96 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2022

Overview / Comments

Offered for sale in historic downtown Georgetown: a well-located multi-tenant strip center. Currently configured with eight individual units, the property totals 14,207sf, with ample off-street parking in the front and rear. Situated directly on Hwy 17 - Georgetown's major thoroughfare - 204 S. Fraser St lies in close proximity to the historic waterfront. Ideal opportunity to rehab or redevelop an existing property located within the SC Opportunity zone.

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Additional Details

Nearest MSA: Georgetown
County: Georgetown
Taxing Authority: City of Georgetown
Tax ID/APN: 05-0026-199-00-00, 05-0026-202-00-00
Zoning: IC - INTERMEDIATE COMMERCIAL
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: S Fraser/Hwy 17
Highway Access: Hwy 17
Tenancy: Multiple Tenants
Property Condition: Fair
Year Built: 1970
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None

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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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