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2401 N Fraser St. - 16,040 Sq Ft Building 2401 N Fraser St 16,040 SF Industrial Building Georgetown, SC 29440 $699,000 ($43.58/SF)
EXECUTIVE SUMMARY
This property features 1.82 acres of land, including a 16,040 SF main building. The sale also encompasses a small, vacant home at the rear of the property that requires significant renovation.
The main building, originally a skating rink built in 1975, has been unoccupied for several years and is classified as a Class C warehouse. While in fair condition, it would benefit from upfitting. Notably, there are unfinished mock-up medical offices at the back of the building, installed in 2013. This presents an excellent opportunity for a buyer interested in a remodel within a prime location, with the added benefit of extra land suitable for another structure.
The property is currently zoned within a Planned Development (PD) for medical use. However, I anticipate that modifying the PD or obtaining a rezone for general commercial use should be straightforward, though this would be the responsibility of the new owner.
The main building, originally a skating rink built in 1975, has been unoccupied for several years and is classified as a Class C warehouse. While in fair condition, it would benefit from upfitting. Notably, there are unfinished mock-up medical offices at the back of the building, installed in 2013. This presents an excellent opportunity for a buyer interested in a remodel within a prime location, with the added benefit of extra land suitable for another structure.
The property is currently zoned within a Planned Development (PD) for medical use. However, I anticipate that modifying the PD or obtaining a rezone for general commercial use should be straightforward, though this would be the responsibility of the new owner.
PROPERTY FACTS Under Contract
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $400,000 | |
| Land Assessment | $178,700 | Total Assessment | $578,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$178,700
Improvements Assessment
$400,000
Total Assessment
$578,700
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2401 N Fraser St. - 16,040 Sq Ft Building | 2401 N Fraser St
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