298 By-Pass 123 Hwy - Industrial FOR SALE


Seneca, SC 29678
$749,000 USD
864-380-2122
298 By-Pass 123 Hwy, Seneca, SC for Sale
$749,000 USD
Industrial - FOR SALE
1/23
null | Request Cap Rate

298 By-Pass 123 Hwy
Seneca, SC 29678


OVERVIEW

Discover a unique investment opportunity with this expansive property featuring 1.94 acres and a 21,642 SF building, formerly the John Deere Tractor facility. The property boasts 258 feet of Highway 123 frontage, ensuring excellent visibility and accessibility. Additionally, a contiguous 2.013-acre parcel—previously a mobile home park—is included. This adjacent parcel, accessible off 210 Worth Street (located one block up on Debra Street), enhances the overall development potential. Worth Street conveniently dead-ends at Old Salem Road, which leads directly to the Lake Keowee Marina/Tiki Hut area, adding to the locale’s appeal. The Seneca Journal had an article on August 29th, 2024 that Governor McMasters signed an Abandoned Buildings Tax Credit extending to year 2035 for vacant buildings where at least two-thirds of a building has been vacant for at least 5 years, in order to qualify, allowed savings up to $ 700K, to qualify rehabilitation costs must be at least $ 75K, $ 150K or $ 250K depending on the population of the city or town, the building is located. Please note that the building is identified by a city tax map number while the former mobile home park is recorded under a county tax map number. Buyers are encouraged to verify all details, including square footage, to ensure all aspects meet your investment criteria. Call the listing agent for a showing and further information.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.19

LAND SF

182,481

ZONING

-

APN/PARCEL ID

209-00-01-015,520-13-01-011

ASK ABOUT THIS PROPERTY

Adrienne HennesRE/MAX Realty ProfessionalsMore Info
864-380-2122

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Adrienne HennesRE/MAX Realty ProfessionalsMore Info
864-380-2122

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