Property Listing No Longer Available for Sale

520-522 Avon Drive, Spartanburg, SC

Retail for Sale - $550,000 - 5,517 Sq. Ft.


Property Info

CIMLS#1082924
Location
  520-522 Avon Drive
  Spartanburg SC 29303
UpdatedOctober 21st, 2020
TypeRetail
Price$550,000
Building5,517 Sq. Ft.

Property Description

Investment opportunity for someone looking for an income producing property. 520-522 Avon Drive is a 5,517 sf building that sits on 0.94 acre with 23 paved parking spaces. The original building was constructed in 1989 as a childcare facility with 2,831 sf and contains a kitchen, baby room with 8 cribs, two classrooms, two individual bathrooms remodeled in 2017, one bathroom with a child-size toilet, storage and a large, main room used for meals and entertaining the younger children. A second 2,685 sf building was added in 1998 to accommodate older children and contains 16 foot high ceilings, 2 separate bathrooms with 3 stalls each, and a large office.

The owner has invested in updating the bathrooms, flooring, paint, HVAC and hot water units in 2017 in addition to updating the metal roof in 2012. One important feature the owner added was a $50,000 rubber playground surface which allows for year round use in rain or shine and helps children from hurting themselves. Playground equipment is including the sale of the property. Fire and security alarms are also installed and convey with property


Financials