801 Main StSumter, SC 29150

Property Details for 801 Main St

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional 3-acre commercial property in Sumter, South Carolina, presents a unique investment opportunity. Located at 801 N Main Street, 29150, this strategically positioned site boasts prominent frontage on Main Street, directly across from Morris College, a Historically Black College or University (HBCU). The property comprises ten parcels, offering convenient access from Main, College, and Phillips Streets. Currently zoned commercial, this offering includes existing architectural renderings and Phase 1 environmental reports for a proposed upscale 80-unit apartment complex featuring a clubhouse and pool. This comprehensive package simplifies the development process, allowing for a seamless transition into construction. Alternatively, the property can be developed in phases, or even subdivided. Five income-producing rental units situated on College and Phillips Streets provide immediate supplemental income while long-term development plans are executed. The asking price for this significant development opportunity is $3,000,000. This is a chance to acquire a piece of Sumter's history and shape its future. The property's prime location and existing plans make it an ideal investment for developers seeking a high-impact project with substantial potential.

Location Insight

City

Sumter

County

Sumter

State

South Carolina

Latitude

33.9383

Longitude

-80.3431

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