298 By-Pass 123 Hwy - Warehouse FOR SALE


Seneca, SC 29678
$687,500 USD
864-380-2122
298 By-Pass 123 Hwy, Seneca, SC for Sale
$687,500 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

298 By-Pass 123 Hwy
Seneca, SC 29678


OVERVIEW

Excellent location for Retail, Restaurant, Shopping Plaza, Medical, Sports, Special Events, Dealership or Luxury Storage & Sales Opportunity in Seneca, SC at 298 By-Pass 123 and 210 Worth Street. This 3.95 acres property is a rare opportunity to create a high-end boat and RV storage facility, dealership or service center in a location with visibility and flexibility. The elevated frontage offers a natural showcase for boats, RV's, or vehicles-perfect for attracting attention from the highway The former John Deere 7500 SF structure has been reviewed and approved by a licensed engineer. This site qualifies for South Carolina's recently approved tax credit program, potentially offering significant savings on rehabilitation and development costs. 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. Buyers to verify everything of importance. Close to Lake Keowee Marina, close to everything !

FOR SALE DETAILS

PRICE

$687,500 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

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 ExecutiveMore Info
864-380-2122

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Adrienne HennesRE/MAX ExecutiveMore Info
864-380-2122

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