1004-1072 Chestnut St - Storefront FOR SALE


Orangeburg, SC 29115
$505,338 USD
866-835-0594
1004-1072 Chestnut St, Orangeburg, SC for Sale
$505,338 USD
Storefront - FOR SALE
1/2
null | 10.02% Cap Rate

1004-1072 Chestnut St
Orangeburg, SC 29115


HIGHLIGHTS

  • Located in Orangeburg’s primary commercial corridor with convenient access to I-26 and surrounding arterial roads
  • Situated within an established retail submarket serving the Orangeburg/Sumter area
  • Benefits from a mix of nearby residential neighborhoods and steady daytime population from local employers and institutions
  • Positioned near heavily frequented retail, banking, and dining destinations, ensuring strong consumer traffic and visibility

OVERVIEW

A proposed indoor self-storage facility redevelopment opportunity is currently being offered with this existing five tenant Spanish architecture style CBS retail building located at one of the highest traffic counts in Orangeburg County, SC. The property currently operates as a profitable retail plaza having short term leases and can be bought ‘as is’ with a 8% cap pending the renovation. The property is an out-parcel to the popular Chestnut Square center which has a mix of national & local tenants. The site is in the city’s primary population area near county government facilities and two universities are a short walk. Indoor air conditioned storage is almost non-existent in this space needy neighborhood.

FOR SALE DETAILS

PRICE

$505,338 USD

PRICE/SF

$9 USD /SF

CAP RATE

10.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chestnut Square Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

385

LAND DETAILS

LAND ACRES

6.4 AC

LAND SF

278,784 SF

ZONING

C-1

APN/PARCEL ID

0174-18-02-012.000,0174-18-02-014.000

ASK ABOUT THIS PROPERTY

Don DeLuciaiLand Tract Realty & DevelopmentMore Info
866-835-0594

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Don DeLuciaiLand Tract Realty & DevelopmentMore Info
866-835-0594

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