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Assisted Living Facility with Commercial Kitchen
New
For Sale
$899,000

2317 Prince St., Georgetown, SC 29440

COMMERCIAL - Georgetown, SC

Property Size7,206 SF
Lot Size0.50 Acres
Price / SF$124.76
Days on Market2

Property Features for 2317 Prince St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning COG
Subdivision 46A Georgetown Area--includes city of Georgetown
Standard status Active
Size 7,206 SF
Lot size 0.50 Acres

Amenities

front porch
rear patio
metal roof
central air conditioning
fire and smoke detection systems
commercial kitchen
dining areas
living space
laundry facilities

Building Details

Floors in Building 1
Number of units 1
Listing Agency: Keller Williams Innovate South · Keller Williams Realty
Listed By: Jake Lee · License #59913
Added: Jul 30 Last Checked: Jul 31 at 11:06PM
MLS# 2618925

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Oasis Residential Assisted Living is a purpose-built, one-story personal care home constructed in 2000. The facility is licensed for 22 residential beds and includes an efficient U-shaped layout with eleven bedrooms, multiple bathrooms, commercial kitchen, dining areas, living space, and laundry facilities. Exterior amenities include a front porch and a rear patio. The property totals approximately 7,206 square feet and includes about 7,050 finished square feet, situated on a 0.48-acre site. Improvements include a metal roof, central air conditioning, fire and smoke detection systems, and a sprinkler system, consistent with South Carolina licensure standards.

Located at 2317 Prince Street in Georgetown, the property is roughly 1.5 miles from Tidelands Health Georgetown Memorial Hospital, supporting convenient access for residents and care coordination.

The offering includes the operating personal care home together with the underlying real estate, with a design built for assisted living day-to-day needs.

Key Highlights

  • Constructed in 2000, one‑story assisted living facility
  • Licensed for 22 residential beds
  • U‑shaped layout with eleven bedrooms and multiple bathrooms

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $110.7k $15.36
− Vacancy −$2.0k −$0.28
EGI $108.7k $15.08
− OpEx −$48.9k −$6.79
NOI $59.8k $8.30
7,206 SF · lease $15.36/SF/yr · vacancy 1.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$854.0K
$747.3K – $996.4K (±1% cap)
NOI $59,781 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,355 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Oasis Residential Home ... Nursing Home

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Bakery Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29440, SC

27,451
Population
13,845
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
89%
High-School Grad
523.1 sq mi
ZIP Area
52
Density / Sq Mi
$54,926
Median Household Income
$33,636
Median Earnings
$912
Median Rent
$160,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Julie Lawson Care ,LLC — Georgetown, SC 29442
  • Lifecare Hospice of South Car — Georgetown, SC 29440

Frequently Asked Questions

What type of property is this?
Assisted living facility - Purpose-built, one-story assisted living facility licensed for residential beds, with a commercial kitchen and central air.
Where is this assisted living facility located?
The property is located at 2317 Prince St. Georgetown, SC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Constructed in 2000, one‑story assisted living facility; Licensed for 22 residential beds; U‑shaped layout with eleven bedrooms and multiple bathrooms
More about this property
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