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602 E Buford St 7,805 SF 100% Leased Retail Building Gaffney, SC 29340 $1,814,696 CAD ($232.50 CAD/SF)
INVESTMENT HIGHLIGHTS
- SCDOT reports approximately 11,800 VPD from Wilkinsville Hwy to E Frederick St.
EXECUTIVE SUMMARY
Presenting a well-established, family-owned hardware and general merchandise store located on a high-traffic corner lot. On-site property tours will be held on Friday December 5 from 7-8:30 pm and Sunday December 7 from 3-5pm. No appointment is needed for the tours.
All prospective buyers must receive approval from Ace Hardware Group to continue operating under the Ace Hardware brand. Alternatively, the property may be utilized as an independent hardware store should the buyer choose not to affiliate with the brand. The property can also be used as a convenience store. The building underwent a complete remodel in 2022 and boasts strong foot traffic and an excellent sales history.
Included in the sale is an adjacent older home currently used for storage, located at 802 E. Frederick Street (Tax Map ID: 100-05-00-007-000), situated on approximately 0.14 acres. The home is deeded with the property and sold as-is. The property features two water meters and includes all existing fixtures.
Financials are available, and the updated 2024 appraisal for the building and its contents is on file. Interested parties should contact the broker for further details and to request a non-disclosure agreement.
All prospective buyers must receive approval from Ace Hardware Group to continue operating under the Ace Hardware brand. Alternatively, the property may be utilized as an independent hardware store should the buyer choose not to affiliate with the brand. The property can also be used as a convenience store. The building underwent a complete remodel in 2022 and boasts strong foot traffic and an excellent sales history.
Included in the sale is an adjacent older home currently used for storage, located at 802 E. Frederick Street (Tax Map ID: 100-05-00-007-000), situated on approximately 0.14 acres. The home is deeded with the property and sold as-is. The property features two water meters and includes all existing fixtures.
Financials are available, and the updated 2024 appraisal for the building and its contents is on file. Interested parties should contact the broker for further details and to request a non-disclosure agreement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,805 SF
Building Class
B
Year Built/Renovated
1968/2022
Price
$1,814,696 CAD
Price Per SF
$232.50 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
Unzoned - Unzoned
Parking
50 Spaces (6.41 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 100-05-00-006.001 | Improvements Assessment | $25,713 CAD |
| Land Assessment | $3,601 CAD | Total Assessment | $29,314 CAD |
PROPERTY TAXES
Parcel Number
100-05-00-006.001
Land Assessment
$3,601 CAD
Improvements Assessment
$25,713 CAD
Total Assessment
$29,314 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
E. M. Barnhill Real Estate
602 E Buford St
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