602 E Buford St - Storefront FOR SALE


Gaffney, SC 29340
$1,300,000 USD
864-490-4648
602 E Buford St, Gaffney, SC for Sale
$1,300,000 USD
Storefront - FOR SALE
1/31
null | Request Cap Rate

602 E Buford St
Gaffney, SC 29340


HIGHLIGHTS

  • SCDOT reports approximately 11,800 VPD from Wilkinsville Hwy to E Frederick St.

OVERVIEW

Well established family-owned business for over 25 years. All prospective buyers must receive approval from Ace Hardware Group to continue operating under the Ace Hardware brand. Alternatively, the property may be utilized as an independent hardware store should the buyer choose not to affiliate with the brand. The property can also be used as a convenience store. The building underwent a complete remodel in 2022 and boasts strong foot traffic and an excellent sales history. Included in the sale is an adjacent older home currently used for storage, located at 802 E. Frederick Street (Tax Map ID: 100-05-00-007-000), situated on approximately 0.14 acres. The home is deeded with the property and sold as-is. The property features two water meters and includes all existing fixtures. Financials are available, and the updated 2024 appraisal for the building and its contents is on file. Interested parties should contact the broker for further details and to request a non-disclosure agreement.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Unzoned

APN/PARCEL ID

100-05-00-006.001

ASK ABOUT THIS PROPERTY

Elizabeth BarnhillE. M. Barnhill Real EstateMore Info
864-490-4648

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Elizabeth BarnhillE. M. Barnhill Real EstateMore Info
864-490-4648

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