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602 E Buford St 7,805 SF Retail Building Gaffney, SC 29340 $1,674,636 CAD ($214.56 CAD/SF)
Investment Highlights
- SCDOT reports approximately 11,800 VPD from Wilkinsville Hwy to E Frederick St.
Executive Summary
Recent price reduction. Please call broker for details. Sale price includes land, building, all retail content, shelving, and forklift. Everything goes with this sale.
Well established family-owned business for over 25 years. STHIL products will be available after March16th, 2026. Retail Sales are up 12% in the last 3 months.
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 with an increase in profit in the last few months.
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. New spring products have already arrived at the store including from the brand Stihl.
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.
Winner of the 2025 Peach Award - Best Hardware Store in Gaffney, SC.
Well established family-owned business for over 25 years. STHIL products will be available after March16th, 2026. Retail Sales are up 12% in the last 3 months.
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 with an increase in profit in the last few months.
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. New spring products have already arrived at the store including from the brand Stihl.
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.
Winner of the 2025 Peach Award - Best Hardware Store in Gaffney, SC.
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
$1,674,636 CAD
Price Per SF
$214.56 CAD
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 | $24,965 CAD |
| Land Assessment | $3,497 CAD | Total Assessment | $28,461 CAD |
Property Taxes
Parcel Number
100-05-00-006.001
Land Assessment
$3,497 CAD
Improvements Assessment
$24,965 CAD
Total Assessment
$28,461 CAD
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E. M. Barnhill Real Estate
602 E Buford St
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