206-222 Park Avenue Se

AIKEN, SC 29801
  • $950,000
  • STATUS: Active
  • ON SITE: 106 days
  • MLS #: 110131
UPDATED: 53 min ago
$950,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,888
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:
Se

School Ratings & Info

Description

New price on this once in a lifetime opportunity to purchase and redevelop nearly a full block of street-side retail space in Aiken. This is two parcels of property that includes 9 leased retail spaces. Income is below market which makes the CAP rate low, but leases are able to be renegotiated in the late summer and fall of 2020. Some tenants paying taxes in addition to rent. Rent roll will be available for prospects but leases will only be made available with and acceptable offer. Please do not enter businesses, make an appointment with listing agent for any showings. The highest and best use for this property is more likely to be as a tear-down and rebuild as a 3 over 1 mixed use development. Real value is in the land and not the income. The income will provide a buyer with some income during any period it is held.

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© 2020 Aiken Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fabulous Aiken Homes & Lake Murray Premier Properties | Keller Williams Columbia. Data last updated: 2020-04-05T10:48:29.387.
www.fabulousaikenhomes.com/homes/101843417

206-222 Park Avenue Se AIKEN, SC 29801

  • Price: $950,000
  • Status: Active
  • Updated: 53 min ago
  • MLS #: 110131
0
Beds
0
Baths
0
½ Baths
0.6
Acres
11,888
SQFT
$80
$/SQFT
1971
Built
Neighborhood:
None
County:
Aiken
Area:
Se
Property Description
New price on this once in a lifetime opportunity to purchase and redevelop nearly a full block of street-side retail space in Aiken. This is two parcels of property that includes 9 leased retail spaces. Income is below market which makes the CAP rate low, but leases are able to be renegotiated in the late summer and fall of 2020. Some tenants paying taxes in addition to rent. Rent roll will be available for prospects but leases will only be made available with and acceptable offer. Please do not enter businesses, make an appointment with listing agent for any showings. The highest and best use for this property is more likely to be as a tear-down and rebuild as a 3 over 1 mixed use development. Real value is in the land and not the income. The income will provide a buyer with some income during any period it is held.
Exterior Features

Construction BrickSingle StoryMasonry Main Road Frontage 255 Parking Area Dirt Road Frontage City Street Roof Built-Up Sewer Public Sewer Water Public

Interior Features

Air Conditioning Central Electric Basement None Commercial Amenities Display Window Foundation Poured Concrete Heating System Forced Warm Air-GasForced Warm Air-Electric Miscellaneous Single Phase Utilities Electricity AvailablePhone AvailableNatural Gas AvailableCable TvWater AvailableInternet Available

Property Features

Listing Conditions Not Applicable Present Use RetailProfessional ServiceIncomeBusiness ServiceCommercial Type Commercial/Business Zoning Db

Listing provided courtesy of Tad D Barber of Re/Max Tattersall Group.


© 2020 Aiken Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fabulous Aiken Homes & Lake Murray Premier Properties | Keller Williams Columbia. Data last updated: 2020-04-05T10:48:29.387.
 
Fabulous Aiken Homes & Lake Murray Premier Properties | Keller Williams Columbia
P.O. Box 916
Aiken SC, 29802