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    2701 Cleveland St Elloree, SC 29047

    For Sale
    $475,000

    Retail, Apartments, High Traffic Location

    Property size:
    6,060 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 6,060 square foot commercial property, situated on a corner lot in the heart of downtown Elloree, South Carolina, presents a compelling investment opportunity. Currently housing a thriving consignment boutique occupying 2,200 square feet, the space is ideally suited for a variety of retail or mixed-use ventures, capitalizing on its high-traffic location within a vibrant community. The building's historic charm is undeniable, offering a unique aesthetic appeal to potential tenants. Adding to its versatility, the property includes two separate one-bedroom apartments on the upper level, each with its own private entrance, providing significant potential for rental income generation. Convenient private parking is available for tenants and customers. Further enhancing the property's functionality is a large storage shed, perfect for inventory or equipment storage, and a modern electric car hookup, catering to environmentally conscious clientele. A vintage Otis elevator adds a touch of character and provides convenient access between floors. This property offers a rare blend of commercial and residential potential, allowing for the maximization of both business income and rental revenue streams. The property's prime location and diverse features make it an attractive investment for those seeking a profitable and historically significant asset in a thriving South Carolina town.

    Property Features for 2701 Cleveland St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,060 SF

    Building Details

    Year Built
    1930
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elloree
    County
    Orangeburg
    State
    South Carolina
    Longitude
    -80.57224
    Latitude
    33.53055

    Nearby Comparable

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      Historic Elloree Event Venue

      Income-producing event venue in historic Elloree, South Carolina.
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      Commercial Investment Opportunity in Elloree

      Investment property in historic Elloree, SC, with immediate and future income.
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      Restaurant Space in Elloree, SC

      Restaurant space with kitchen, dining area, and ample parking.
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      Downtown Elloree Commercial Building

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    • New
      $625,000
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      Income-Generating Mixed-Use Property

      Nine income streams in revitalizing Elloree, South Carolina.
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    Nearby Similar for Sale

    • $275,000
      0.11 Acres

      Commercial Investment Opportunity in Elloree

      Investment property in historic Elloree, SC, with immediate and future income.
      2720 Cleveland St, Elloree, SC 29047
      View Details
    • New
      $625,000
      9,044 SF

      Income-Generating Mixed-Use Property

      Nine income streams in revitalizing Elloree, South Carolina.
      2737 Cleveland St, Elloree, SC 29047
      View Details
    • $175,000
      1,600 SF

      Restaurant Space in Elloree, SC

      Restaurant space with kitchen, dining area, and ample parking.
      2727 Cleveland St, Elloree, SC 29047
      View Details
    • $175,000
      1,600 SF

      Historic Elloree Event Venue

      Income-producing event venue in historic Elloree, South Carolina.
      2725 Cleveland St, Elloree, SC 29047
      View Details
    • $145,000
      0.24 Acres

      Downtown Elloree Commercial Building

      High-potential retail space, ample parking.
      2726 Cleveland St, Elloree, SC 29047
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Retail, Apartments, High Traffic Location
    Where is this commercial real estate located?
    The property is located at 2701 Cleveland St Elloree, SC.
    What is the asking price?
    The asking price for this property is $475,000.
    (803) 609-9030
    Request Owner's contact information
    2701 Cleveland St Elloree, SC 29047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2701 Cleveland St Elloree, SC 29047
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