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Vacant Assisted Living Facility 420 W Farley Ave 49,949 SF Healthcare Building Online Auction Sale Laurens, SC 29360
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Investment Highlights
- Excellent owner/user play - the asset is well-positioned for a new operator to come in or an investor to reposition the property.
- Close proximity to numerous national retailers including Walmart, Ingles, ALDI, Save-A-lot, Tractor Supply Company, Goodwill, ACE Hardware, and more.
- Great visibility and access off W Farley Avenue.
- Two-story facility featuring 72 units, 16 common areas, dinning rooms, commercial kitchen, and sitting and activity areas.
- Access to greater South Carolina market via US-76 and US-221.
- 76 parking spaces available.
Executive Summary
Colliers is pleased to present for sale the 100% fee simple interest in the Vacant Assisted Living Facility (the “Asset,” “Facility,” or “Property”) located at 420 W Farley Ave, Laurens, SC 29360 within an Opportunity Zone. The Property offers an excellent opportunity for an Owner/User to acquire the Asset and either continue to operate it as an Assisted Living facility or repurpose the Property for another use.
Built in 1959, the 2-story, 49,949 SF facility is well positioned on 4.96 acres with excellent access and visibility from W Farley Ave. Zoned Mixed Use, the Asset consists of 72 total apartments and 16 common area rooms. Amenities include dining rooms, a commercial kitchen, and sitting and activity areas. In addition to the main building, there is a 2-story, 1,680 SF office building as well as another smaller, separate building on the site. The Facility features 76 parking spaces, offering ample parking for staff, friends, and family.
The Property is located within a couple of miles of Walmart, Ingles, ALDI, Save-A-lot, Tractor Supply Company, Goodwill, ACE Hardware, Hibbett, Ollie’s Bargain Outlet, belk, Aaron’s, Sherwin Williams, and numerous dollar stores, auto parts stores, and fast-food options. The Asset is also located in close proximity to multiple Laurens County office buildings, the local Army Recruitment office, and several schools serving the surrounding area. The Asset has convenient access to the broader South Carolina market via US-76 and US-221.
Therefore, given the Asset’s location within the market, the Property represents an excellent opportunity for a future Owner/User or Investor to come in and operate or reposition the Asset.
E. Craig Waites, Jr
License No: 29882
Built in 1959, the 2-story, 49,949 SF facility is well positioned on 4.96 acres with excellent access and visibility from W Farley Ave. Zoned Mixed Use, the Asset consists of 72 total apartments and 16 common area rooms. Amenities include dining rooms, a commercial kitchen, and sitting and activity areas. In addition to the main building, there is a 2-story, 1,680 SF office building as well as another smaller, separate building on the site. The Facility features 76 parking spaces, offering ample parking for staff, friends, and family.
The Property is located within a couple of miles of Walmart, Ingles, ALDI, Save-A-lot, Tractor Supply Company, Goodwill, ACE Hardware, Hibbett, Ollie’s Bargain Outlet, belk, Aaron’s, Sherwin Williams, and numerous dollar stores, auto parts stores, and fast-food options. The Asset is also located in close proximity to multiple Laurens County office buildings, the local Army Recruitment office, and several schools serving the surrounding area. The Asset has convenient access to the broader South Carolina market via US-76 and US-221.
Therefore, given the Asset’s location within the market, the Property represents an excellent opportunity for a future Owner/User or Investor to come in and operate or reposition the Asset.
E. Craig Waites, Jr
License No: 29882
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- Operating and Financials
- Purchase Agreement
- Floor Plans
- Survey
Property Facts
| Sale Type | Investment | Building Size | 49,949 SF |
| Sale Condition | Auction Sale | No. Beds | 72 |
| Type of Ownership | Fee Simple | No. Stories | 2 |
| Property Type | Health Care | Year Built | 1980 |
| Property Subtype | Assisted Living | Opportunity Zone |
Yes
|
| Building Class | B | Parcel Number | 906-13-10-009 |
| Lot Size | 4.96 AC | ||
| Zoning | Mixed Use | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 4.96 AC |
| Building Size | 49,949 SF |
| No. Beds | 72 |
| No. Stories | 2 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
| Zoning | Mixed Use |
| Parcel Number | 906-13-10-009 |
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 72 |
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Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Sale Advisors
Sale Advisors
Bradley Carver, Senior Vice President
Bradley joined Colliers in June 2025 and brings over a decade of leadership experience in the commercial real estate (CRE) auction space. Prior to Colliers, he served as Managing Director at Ten-X, one of the largest online marketplaces for CRE transactions, where he was instrumental in executing over $2 billion in CRE and note sales.
At Colliers, Bradley leverages his extensive industry experience, strong professional network, and hands-on knowledge of property marketing and disposition, particularly with opportunistic and income-producing assets. Known for his service-oriented mindset, proven track record, and deep passion for the auction space, he delivers strategic, high-impact marketing solutions designed to maximize asset exposure.
At Colliers, Bradley leverages his extensive industry experience, strong professional network, and hands-on knowledge of property marketing and disposition, particularly with opportunistic and income-producing assets. Known for his service-oriented mindset, proven track record, and deep passion for the auction space, he delivers strategic, high-impact marketing solutions designed to maximize asset exposure.
Jonathan Katz, Senior Vice President
Jonathan joined Colliers in May of 2025 after serving as a Managing Director for Ten-X, one of the largest CRE online marketplaces. He entered the commercial real estate industry in 2012 as a Client Manager for Auction.com, which later rebranded to Ten-X. There, he quickly developed a deep understanding of the CRE Auction process and online marketplace dynamics. His career advanced as a Senior Sales Director, where he spent over a decade helping Ten-X become a leader in the CRE auction space. Having facilitated over $2B of CRE and Note sales, he brings his leadership and distinct knowledge to help grow Colliers’ presence in the CRE Auction industry.
Matt Terrace, Senior Vice President- Investments
For close to a decade Matt has completely immersed himself in many different aspects of commercial real estate, from retail to development to construction to acquisitions and dispositions, but specializes in Commercial Investment Dispositions and Acquisitions. Matt was exposed to the industry at a young age as it is a family passion handed down through generations. Matt has served both private and institutional clients such as Garrison Investment Group, True North Investments, LNR Partners, Integris Ventures and Alidade Capital. He has also worked with a number of national Tenants in the market including Pet Supplies Plus, Czarnowski and Nuance Communications. Matt’s successful approach stems from the ideology of fully comprehending his client’s needs and consistently putting them first.
Barry Swatsenbarg, Executive Vice President
In 2015, Barry joined Colliers International to expand the Colliers Detroit office reach with his investment sales expertise. He is consistently in the top 200 nationally for Colliers. Barry has been an active investment sales agent for over 24 years, transacted on over 500 deals; 15,000 apartment units and more than 30M SF of commercial assets. Barry has been awarded Everest Club at Colliers for the last several years. (The Everest Club recognizes the top 10% of producers and is Colliers highest award.)
Through his activity with the valuation and disposition of value-add and stabilized, income producing properties, he has successfully worked through periods of economic growth and contraction. He has an extensive history of producing sale results with outside of the box solutions to maximize value.
Over the years, Barry has transacted on hundreds of complicated dispositions, that included receivership, lender debt, REO and stabilized assets. He operates exclusively as a sell-side broker, with transactions spreading across all major investment commercial real estate property types. He has navigated through multitudes of unique and complex scenarios.
Barry is regarded as a highly trusted and well-connected industry expert. He is called upon by financial institutions, private clients and peers alike, for his candid market insight and ability to create effective asset management plans for disposition to aid clients with their ongoing business planning. The results maximize value; regardless of the quality of the asset.
Through his activity with the valuation and disposition of value-add and stabilized, income producing properties, he has successfully worked through periods of economic growth and contraction. He has an extensive history of producing sale results with outside of the box solutions to maximize value.
Over the years, Barry has transacted on hundreds of complicated dispositions, that included receivership, lender debt, REO and stabilized assets. He operates exclusively as a sell-side broker, with transactions spreading across all major investment commercial real estate property types. He has navigated through multitudes of unique and complex scenarios.
Barry is regarded as a highly trusted and well-connected industry expert. He is called upon by financial institutions, private clients and peers alike, for his candid market insight and ability to create effective asset management plans for disposition to aid clients with their ongoing business planning. The results maximize value; regardless of the quality of the asset.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Jameson Kuykendall
Contact
Auctioneer License:
Ten-X Samantha Kristine Corbat RE Brkr 21233. Ten-X Auction Firm 4085. Arlene Richardson Auctioneer 4820
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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