206-222 Park Avenue SE, Aiken, SC 29801
sale
$895,000
|
Other
Courtesy Of RE/MAX Tattersall Group
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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Property Features
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Brick
- Exterior Type: Masonry
- Heating Fuel: Electric
- Heating Fuel: Natural Gas
- MLSID: 110131
- Roof Type: Built-up
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