401 & 313 Second Loop, Florence, SC

Others for Sale - $995,000 - 7,260 Sq. Ft. on 1 acres


Agent Info

Joe McMillan
Coldwell Banker Commercial Seaboard McMillan

Property Info

CIMLS#1171835
Location
  401 & 313 Second Loop
  Florence SC 29501
UpdatedFebruary 23rd, 2025
TypeOthers
Price$995,000
Building7,260 Sq. Ft.
Land1 acres

Property Description

401 and 313 Second Loop Rd. (Units A, B, C) (Units A, B) Tax Map Numbers: 90092-09-014, 90092-09-001, 90092-08-002 This exceptional investment opportunity features two well-maintained commercial buildings, totaling 7,260 square feet, and a vacant lot situated in a highly visible, high-traffic area. Currently, the property is home to four successful businesses generating $5,400 per month in rental income. Additionally, there is the potential to increase revenue by an additional $2,800 per month through the lease of vacant space. The available vacant space can accommodate one or two tenants, providing flexibility to suit various business needs. The location is surrounded by thriving businesses, making it an ideal spot for attracting new tenants. This is a unique opportunity for investors seeking to acquire an income-producing asset in a growing and increasingly competitive market. The Lot on Pineland is included in sale. One building built in 1992 and the other built in 2005.


Financials


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