10 S Morgan Ave - Office FOR SALE


Andrews, SC 29510
$623,700 USD
404-207-1171
10 S Morgan Ave, Andrews, SC for Sale
$623,700 USD
Office - FOR SALE
1/4
null | 12.25% Cap Rate

10 S Morgan Ave
Andrews, SC 29510


HIGHLIGHTS

  • 10 S Morgan Ave is a multi-tenant commercial property totaling approximately 11,340 square feet. Originally constructed in 1950 and renovated in 2004.
  • The property is divided into seven units, with one currently vacant, resulting in approximately 86% occupancy.
  • Situated on a 0.75-acre parcel, the asset includes approximately 30 surface parking spaces and is zoned commercial (NEC).
  • Located in Andrews, South Carolina, within Georgetown County, the property benefits from connectivity to key regional markets, including Georgetown.
  • With in-place tenancy providing stable income and clear opportunities to increase occupancy and optimize rents.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the Morgan Avenue Commons at 10 S Morgan Avenue in Andrews, SC. This multi-tenant retail asset presents a compelling value-add opportunity through lease-up of existing vacancy and completion of a partially unfinished unit, allowing for meaningful NOI growth. With a functional layout, strong accessibility, and proximity to key regional markets, the property is well-positioned for investors to enhance performance through strategic leasing and repositioning. In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103

FOR SALE DETAILS

PRICE

$623,700 USD

PRICE/SF

$55 USD /SF

CAP RATE

12.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morgan Avenue Commons - Andrews, SC

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

06-0007-010-00-00,06-0007-011-00-00,06-0007-012-00-00,06-0007-013-00-00,06-0007-014-00-00,06-0007-015-00-00

ASK ABOUT THIS PROPERTY

Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

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Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.