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    702 Barringer St Florence, SC 29501

    Sponsored
    For Sale
    $200,000

    1,520 SF Commercial Building, $200,000

    Property size:
    1,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 702 S Barringer St, Florence, SC 29501, presents a unique investment opportunity. The 1,520 square foot building, constructed in 1955, sits on a 0.33-acre lot and is situated in a high-traffic area within the city limits, boasting excellent visibility. The single-story structure features a concrete floor and is classified as both retail and special purpose. Its prime location offers easy access to downtown Florence, placing it less than a mile from McLeod Hospital and MUSC. The property's strategic corner location at Barringer and Cohen Streets is further enhanced by the availability of two adjacent properties also for sale. One adjacent property, located on Barringer Street, is a metal building zoned for commercial use. Another attractive feature is an adjoining vacant lot situated on the corner of Church and Cohen Streets. Several other properties in close proximity between Church and Barringer Streets are also available for purchase, presenting potential for expansion or synergistic investment. This high-traffic area ensures consistent visibility and potential for a wide range of commercial ventures. The asking price for this property is $200,000. Don't miss this chance to acquire a well-positioned commercial property in a thriving South Carolina city.

    Property Features for 702 Barringer St

    General Information

    Property type
    Specialty properties
    Square Feet
    1,520 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1955
    Stories
    1

    HighLights

    • $200,000 asking price.
    • 1,520 square foot retail/special purpose commercial building.
    • Built in 1955, one story, on a 0.33‑acre lot.
    • Located at 702 S Barringer St, Florence, SC 29501.
    • High‑traffic location within Florence city limits, close to downtown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.8520818
    Latitude
    34.1980902

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    FAQs

    What type of property is this?
    Specialty property - 1,520 SF Commercial Building, $200,000
    Where is this specialty property located?
    The property is located at 702 Barringer St Florence, SC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price.; 1,520 square foot retail/special purpose commercial building.; Built in 1955, one story, on a 0.33-acre lot.
    Request Owner's contact information
    702 Barringer St Florence, SC 29501
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    Florence, SC 29501
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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
    702 Barringer St Florence, SC 29501
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