Address
2185 N Fraser St., Georgetown, SC
Price
$ 750,000
Property Attributes
  • MLS#2322019
  • TypeCommercial
  • CountyGEORGETOWN
  • CityGeorgetown
  • Area46A Georgetown Area--includes city of Georgetown
  • Zip29440
  • StyleOffice
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4760
  • Lot Size1 Acres
Data Source:
Coastal Carolinas MLS (CCARMLS)
Property Description

Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.

Price History
10/30/2023 Listed $850,000
1/9/2024 12% - $750,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Possession Closing
Zoning GC
Security Features SecuritySystem,FireAlarm
Construction Materials BrickVeneer
Stories 1
Levels One
Property SubType Office
Current Use ServiceBusiness
Business Type Other
County Georgetown
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Building Features HandicapAccess,KitchenFacilities,PrivateRestrooms,PublicRestrooms,ReceptionArea
Status Active
Directions Take Highway 17 south to Georgetown and take a right hand turn onto Fraser St.
City Georgetown
View Y/N No
Senior Community Y/N No
Total Units 1
MLS Area 46A Georgetown Area--includes city of Georgetown
Waterfront Y/N No
Carport Y/N No
Street Name N Fraser St.
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Leasable Area 4760.0
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 585
Lease Type Net
Standard Status Active
Property Sub Type Additional Office
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Total Parking 38.0
Spa No
Lot Dimensions 163x259x165x270
Lot Size Acres 1.0
Lot Size Source PublicRecords
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 29440

Price
AVG $770K
$750K
Visits
AVG 172
56
Data Provided by Inside Real Estate®

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