101 Market StTimmonsville, SC 29161

Property Details for 101 Market St

Year built

1965

Lot size

0.22 AC

Property size (Sq ft)

1,978 SF

Zone code

B4

Property type

Medical offices

Property subtype

Medical space

APN

70013-02-004

APU

7001302004

Description

This exceptional 1,968 square foot commercial building, situated on a 0.2-acre lot at 101 Market Street in Timmonsville, South Carolina, presents a remarkable investment opportunity. Ideally positioned between Main Street and the heavily trafficked US Hwy 76, this property enjoys excellent visibility and accessibility. The well-maintained structure boasts a rich history, having served as a successful medical dentistry clinic for over four decades. Its adaptable layout offers a multitude of potential uses, including but not limited to: counseling offices, business offices, medical offices, or even conversion into a duplex office configuration. The interior currently comprises a spacious waiting area, three individual office spaces, six operatories, four half-bathrooms, a convenient break room, and ample storage. The building is equipped with a robust security system, ensuring peace of mind. Recent upgrades include a new roof (2016) and HVAC system (2017), demonstrating a commitment to ongoing maintenance. Eight or more parking spaces, complemented by security lighting, provide convenient and safe parking for clients and staff. The property benefits from readily available utilities, including Duke Energy, Spectrum, Florence City Water, and sewer services. This turnkey property is priced to sell at $125,000 and offers a compelling return on investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $275,389

  6.5%

  $254,205

  7%

  $236,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $117,467

  Geo Method

  $334,955

• Alternative Use

  Use

  Valuation

  Residential

  $315,215

  Hospitality

  $288,735

  Educational

  $240,224

  Medical

  $248,486

  Retail

  $373,682

Location Insight

City

Timmonsville

County

Florence

State

South Carolina

Latitude

34.1332

Longitude

-79.9414

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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