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Listing Courtesy of: Danielle Meikrantz - Meybohm Commercial Properties 706-736-0700

$785,000

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Belvedere Clearwater Road North Augusta, SC 29841

Office Residence

Beds

Baths

... Bed/Bath

7,450 Sq. Ft.

Property Activity

Time on Site

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Last updated on 6/28/2024 9:03 PM

Listing Details

Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, ...allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner. There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA). Parcel ID's: 012-06-12-005 012-06-12-006 012-06-12-007 012-06-12-008 012-06-12-009 Continue reading

MLS#

529442

Property Type

Office

Year Built

1973

Square Feet

7,450 sq. ft

Lot Size

1.07

Sewer

Public Sewer