110 E Main St - Loft/Creative Space FOR SALE


Kingstree, SC 29556
$715,000 USD
843-532-1641
110 E Main St, Kingstree, SC for Sale
$715,000 USD
Loft/Creative Space - FOR SALE
1/21
null | Request Cap Rate

110 E Main St
Kingstree, SC 29556


HIGHLIGHTS

  • 7,076 SF Building built in 1900 Zoned CC Located in Kingstree | Delivery Vehicle | Extra Parking Parcel
  • 100% occupancy - In-Place Income Yield & Real Estate Asset w/ Captured Clientele Paid Via the Government
  • Regional Durable Medical Supplies Business - 110 E. Main St & Parking
  • Approximately Five (5+ County) Dominance of Government Program Durable Medical Supplies
  • Highly Competent Parties Running Business & Ancillary Smoothie Business

OVERVIEW

Property Description Introducing an exceptional investment opportunity at 110 E Main St, Kingstree, SC. This historic property boasts a 7,076 SF building with two units, perfect for an office or office building investor. Built in 1900, this timeless gem is zoned CC and currently enjoys 100% occupancy. Nestled in the heart of Kingstree, this property combines classic charm with modern potential, offering a prime canvas for a lucrative office-space investment. Don't miss the chance to own a piece of history and secure a strong return on investment in this thriving market. This is the in-place income yield of ongoing businesses generating returns from captured client bases covering multiple Counties. This is the sale of the real estate, business structure, and ongoing income stream potential. An extra parking parcel is included in the deal, with on-street parking out front and plenty of marked spaces. Two Parcels - APNs 11-025-146 and 11-025-144 To understand the scope, read it in the business's own words: "Drucker Drugs And Medical Equipment, located at 110 East Main Street in Kingstree, SC, United States, is renowned for its exceptional pharmacy services. Operating under the ownership of Drucker Drugs and Medical Equipment LLC, this pharmacy has earned a solid reputation for providing top-notch healthcare solutions. Patients from diverse backgrounds trust Drucker Drugs and Medical Equipment for their pharmaceutical needs, thanks to the dedicated team of professionals and state-of-the-art facilities. It stands as a beacon of reliability and care for those seeking quality pharmacy services." Effectively, this encapsulates the real estate and the stellar business with the regional goodwill that it engenders. Purchasing this asset incorporates more than brick and mortar; you embrace goodwill and benefits that extend to many people. Incorporating that is a solid pathway in anyone's line of thought. It is more than Kingstree, it is a region of good people who rely on these products to live a good life. That is an investment that will continue onward. Location Description Nestled in the heart of Kingstree, the property offers an investment opportunity for an active Durable Medical Goods Supply Business serving Medicare Recipients across numerous surrounding Counties, with no competing entity. This vibrant area boasts a charming small-town atmosphere and a rich history, making it an ideal location with an established professional presence. The property is conveniently located near the Williamsburg County Courthouse and the Williamsburg Historical Museum, offering a dynamic and culturally rich backdrop for the current operating business as a conjoined deliverable with highly qualified personnel and an established structure. With its proximity to Main Street, a bustling hub of local businesses and amenities, the area provides an attractive setting for operations seeking to immerse themselves in a welcoming community while enjoying access to essential services. This prime location in Kingstree holds great promise for essential business operations paired with real estate investors looking to establish a distinguished presence in a thriving and historically significant area.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regional Medical Supplies Business

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,751 SF

ZONING

Community Commercial

APN/PARCEL ID

11-025-146

ASK ABOUT THIS PROPERTY

Gilbert BradhamSVN | Southern Commercial Real EstateMore Info
843-532-1641

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Gilbert BradhamSVN | Southern Commercial Real EstateMore Info
843-532-1641

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