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United Community Bank 311 S Limestone St

4,320 SF Retail Building Gaffney, SC 29340 $625,000 ($145/SF)

Investment Highlights

  • Cherokee County
  • Two road access
  • Four lane drive-thru + ATM lane
  • On-site parking

Executive Summary

Former bank space near downtown Gaffney, South Carolina. Space currently occupied but possible early termination. Located in the heart of downtown Gaffney, South Carolina at the intersection of S. Limestone Street and Montgomery Street, 0.2 miles to downtown dining and retail amenities.
This space is fully built-out with a four lane drive-thru, outside ATM lane, private offices, conference room, reception area and breakroom.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,320 SF
Building Class
C
Year Built
1980
Price
$625,000
Price Per SF
$145
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.85 AC
Zoning
Commercial - Commercial
Parking
35 Spaces (8.1 Spaces per 1,000 SF Leased)
Frontage
200 FT on South Limestone Street

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Corner Lot
  • Security System
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 4,000 SF
  • -
  • -
  • -

The Palmetto Bank, headquarters located in Laurens, SC. The Palmetto Bank's line of business is state commercial bank security broker/dealer. We've been serving customers of Upstate South Carolina since 1906. So while other banks come and go, we keep giving our customers what they want: convenient, friendly service with innovative financial products. We've done it this way for a century. We are the third largest independent community bank headquartered in South Carolina. Currently we have 29 locations in 21 cities.

  • United Bank
  • Finance and Insurance
  • 4,320 SF
  • -
  • Triple Net
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Finance and Insurance 4,000 SF - - -
United Bank Finance and Insurance 4,320 SF - Triple Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
099-04-00-006.000
Land Assessment
$5,400
Improvements Assessment
$31,320
Total Assessment
$36,720
  • Listing ID: 21897019

  • Date on Market: 1/5/2021

  • Last Updated:

  • Address: 311 S Limestone St, Gaffney, SC 29340

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