785 Bleakley St Orangeburg, SC 29115
- Retirement homes
- 5,769 SF
- 1.00 lot acres
Current Use by Public Records
- F I Metts Grocery / Supermarket / Grocery Store
- ATM / Atm
Property Details for 785 Bleakley St
- Year built
- 1975
- Lot size
- 1.00 lot acres
- Property size
- 5,769 SF
- Property type
- Retirement homes
- Property subtype
- Retail properties
Description
This exceptional 1-acre property in Orangeburg, South Carolina, presents a compelling redevelopment opportunity. Currently operating as a neighborhood grocery store with a consistent high-revenue history since 2006, this established business boasts a diverse clientele drawn from surrounding residential areas and a nearby mobile home park. The 5,769 square foot main building, featuring newer coolers and updated tile flooring (installed within the past three years), offers a variety of services including groceries, meats, lottery tickets, and money transfers. A new roof was installed in 2019. A separate 200+ square foot storage building with five roll-up doors adds significant versatility. The property includes 30 parking spaces and is zoned RG, permitting multiple uses, including retail, residential, and a laundromat—a service highly sought after in the immediate vicinity. The asking price is $419,000, representing a 7.98% cap rate with a net operating income (NOI) of $33,426. The property's location less than a mile east of downtown Orangeburg, within an Opportunity Zone, and its proximity to a thriving community with strong healthcare, universities, and a technical college, makes this a prime investment. The sale includes the real estate
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orangeburg
- County
- Orangeburg
- State
- South Carolina
- Longitude
- -80.8448
- Latitude
- 33.4861
