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Value-Add | Flexible Zoning | Tax Incentives 201 W Church St
5,391 SF Vacant Retail Building Online Auction Sale Anderson, SC 29624
Investment Highlights
- 5,391-square-foot value-add property with open floorplan layouts, permitting flexible usage, and easy access to US Highways 76 and 178.
- Located in a growing locality; the population living within a 1-mile radius has grown by an astounding 5% over the past four years.
- Boasting premier four-way intersection frontage and zoning permitting uses, including apartments, retail space, restaurants, breweries, and office.
- 201 W Church Street is near national retailers and well-known brands, including Dollar Tree, Lowe's, Home2 Suites, Ingles Market, and more.
Executive Summary
This expansive facility, prominently located at the corner of S Murray Street and W Church Street, is in Anderson’s picturesque historic district. The property’s location is perfect for a variety of uses, including industrial-chic apartments, retail space, restaurants, breweries, and even upscale office space. 201 W Church Street’s interior offers a wide-open floor plan that is perfect for a tenant’s custom layout.
The property might be eligible for state and federal tax credits. Anderson County’s Economic Development Authority offers a variety of incentives for business and industry development. Many of these incentive packages are available to both existing and new businesses that have shown a commitment to investment, job creation, and real wage growth. Some of the most popular programs include tax exemptions, fee in lieu of property taxes (FILOT), tax abatements, and more. Please review the Anderson County Economic Development incentive site below.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Market Analytics Click Here to Access
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Market Sale Price per SF
Greenville - SC USA
Market Cap Rate
Greenville - SC USA
Market Sale Price per SF by Star Rating
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Market Cap Rate by Star Rating
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Market Sale Price per SF Distribution
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Property Facts
Amenities
- Bus Line
- Signage
About Anderson County
Anderson County, South Carolina, is a fast-growing suburb of Greenville situated along the rapidly developing Interstate 85 corridor between Charlotte and Atlanta. Residential migration to the nearby Greenville-Spartanburg area, combined with industrial growth along I-85, has brought new job opportunities to the area as major distribution and manufacturing facilities have opened in recent years. TTI, Electrolux, and Walgreens are among the more than dozen companies with 600,000 square feet or more of industrial space.
Job growth has led to population and wage growth, bolstering retail spending in the area. Anderson County’s population has grown by more than 10% over the past decade, leading to new store openings such as those for home goods and grocery retailers, as well as the entrance of new experiential brands such as Orangetheory Fitness in 2022.
While industrial job growth drives much of the population growth in Anderson, nearby Clemson University has continued to increase enrollment to nearly 30,000 undergraduate and graduate students, improving the prospects for retail brands geared at a younger demographic.
DEMOGRAPHICS
Demographics
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,630 | |
| Land Assessment | $3,030 | Total Assessment | $6,660 |
PROPERTY TAXES
About the Auction Platform
Auction Contact
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Sherry Traynum - Aggressive Realty LLC
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Aggressive Realty LLC
Value-Add | Flexible Zoning | Tax Incentives | 201 W Church St
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Value-Add | Flexible Zoning | Tax Incentives | 201 W Church St
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