3191 Riverfork Rd Waterloo, SC 29384
This exceptional mixed-use property, located at 3191 River Fork Rd, Waterloo, SC 29384, presents a unique investment opportunity. Situated on a 0.71-acre corner lot at the intersection of Riverfork Road and Old Laurens Highway, this 1,500-1,600 square foot building benefits from high visibility and significant traffic counts exceeding 2,400 vehicles daily, according to SCDOT data. The building, constructed of blue concrete block, features a newer architectural roof (2020) and newer HVAC system (2023), ensuring efficient operation. Interior space includes two public rooms ideal for customer interaction, a large private room suitable for inventory or operations, a smaller office, a half-bath, and a spacious storage or staging area. Public water is available, and natural gas is accessible. The property also boasts an updated electrical meter box (2021), ample gravel parking with convenient front and side building entries, and three security light poles. The property is sold as-is, but the seller may consider owner financing with a 20% down payment, a 6% interest rate, and a 15-year term. This versatile property is perfect for a variety of commercial uses, offering significant potential for a savvy investor or owner-user. The property's strategic location near Lake Greenwood and other local amenities further enhances its appeal. Occupancy is available March 15, 2024. The asking price is $150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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