408 Fraser StGeorgetown, SC 29440

  • Other commercial real estate
  • 2,600 SF
For Sale
$410,000 View listing

Property Details for 408 Fraser St

Year built
2007
Construction
STEEL FRAME
Lot size
1.00 AC
Property size (Sq ft)
2,600 SF
Property type
Other commercial real estate
APN
05-0025-051-00-00
APU
500250510000

Description

This exceptional retail property at 408 South Fraser St., Georgetown, SC, presents a fantastic turn-key opportunity for a savvy investor. Situated on a 0.25-acre lot in a high-traffic area boasting over 20,000 average daily traffic counts, this well-maintained building offers 2600 square feet of versatile space. Established as a retail location since 2008, with the current business operating since 2018, this property is ready for immediate occupancy. The front section, exceeding 1000 square feet, features a showroom complete with refrigerated display cases, four floor drains, and a cashier counter, ideal for showcasing products. The mid-section, approximately 400 square feet, is currently configured for food preparation and packaging, including a 12x8 walk-in cooler/freezer, two floor drains, and a three-compartment sink. A rear 12-foot roll-up door provides convenient access to approximately 1000 square feet of dry storage, office space, another 14x8 walk-in cooler/freezer, and a half-bathroom. Rear access via Davis Alley simplifies shipping and receiving. Prominent roadside signage and ample on-site parking ensure easy public access. The asking price includes all existing equipment. All measurements should be independently verified by the buyer. This is a rare opportunity to acquire a thriving retail space in a desirable Georgetown location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $522,832
    Hospitality
    $478,911
    Educational
    $398,448
    Medical
    $412,152
    Retail
    $619,809
408 Fraser St, Georgetown, South Carolina

Location Insight

City
Georgetown
County
Georgetown
State
South Carolina
Latitude
33.3675
Longitude
-79.2938
CBSA code
23860
CBSA name
GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,470
$3,600
$9,220
$12,820
-
$60,000
$153,600
$213,600

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