9145 Longtown RdRidgeway, SC 29130

Property Details for 9145 Longtown Rd

Lot size

1.00 AC

Property size (Sq ft)

2,644 SF

Zone code

B2

Property type

Turn key restaurants

APN

1520000013000

APU

1520000013000

Description

This exceptional commercial property in Ridgeway, South Carolina, presents a lucrative investment opportunity. Encompassing 5,150 square feet across two buildings situated on a 4.46-acre lot at 9145 Longtown Rd, zip code 29130, this property offers diverse income streams and significant expansion potential. Building One, a 2,644-square-foot space, currently houses a fully operational restaurant complete with a hood and grease trap, occupied by a tenant who may consider a lease extension. Building Two, a 2,506-square-foot, two-story structure, features a ground-floor retail space currently occupied by a convenience store. The second floor is adaptable for office space or residential conversion. Adding to the property's value is an operational fuel pump on-site. Approximately one acre is occupied by the buildings, leaving roughly 3.5 acres of additional land available for expansion or future development. The asking price for this multifaceted property is $645,000. This property is zoned for commercial use and offers a unique blend of established businesses and significant development potential. The property's location in Fairfield County provides easy access to major transportation routes and a growing community. This is an ideal opportunity for investors seeking a strong return on investment in a thriving South Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $542,906

  6.5%

  $501,144

  7%

  $465,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $399,885

  Geo Method

  $1,128,292

• Alternative Use

  Use

  Valuation

  Residential

  $422,734

  Hospitality

  $387,222

  Educational

  $322,164

  Medical

  $333,244

  Retail

  $501,144

Location Insight

City

Ridgeway

County

Fairfield

State

South Carolina

Latitude

34.3479

Longitude

-80.8362

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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