For Sale
$400,000

501 Church StLaurens, SC 29360

Laurens, SC: Prime Office/Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 501 Church Street in Laurens, South Carolina, presents a unique investment opportunity for owner-users. The 2,500 square foot building, previously occupied by a bank, boasts high visibility and accessibility on a bustling street with approximately 11,400 vehicles passing daily. Its prime location, less than a mile from City Hall and downtown Laurens, ensures significant foot and vehicle traffic. The property sits on a generous 1.54-acre lot, providing ample parking with 36 designated spaces. The building's excellent condition is complemented by its versatile layout, adaptable to various office or retail uses. The existing teller lanes offer potential for a drive-through or additional square footage. The B-3, Highway Service District zoning allows for a wide range of commercial uses. The property's strategic location within an Opportunity Zone adds further investment appeal. An existing ATM lease generates a monthly income of $1,000, secured by a five-year term with a five-year renewal option. The asking price is $400,000, translating to $160 per square foot. The property's APN is 906-11-13-014

Highlights

  • High-visibility location with convenient access to town amenities.
  • Prime location for customer accessibility.
  • High-traffic location on Church Street, boasting approximately 11,400 vehicles per day.
  • Excellent signage potential.
  • Located in a designated Opportunity Zone.
  • Existing income stream: $1,000/month ATM lease with United Community Bank, five-year term with a five-year renewal option.

Property Details for 501 Church St

Property type
Retail properties, Office properties
Square Feet
2,500 SF
Class
B
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Laurens
County
Laurens
State
South Carolina
Latitude
34.505538045372
Longitude
-82.022551409615
501 Church St, Laurens, South Carolina

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501 Church St
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