2709 Cleveland St Elloree, SC 29047-9539
This exceptional commercial property, located at 2709 CLEVELAND ST in the heart of historic downtown Elloree, South Carolina, presents a rare investment opportunity. The building boasts two distinct retail or commercial spaces, perfectly suited for a variety of uses. Its charming character and rich history make it an ideal location for businesses seeking a unique and memorable storefront. Previous occupants have included a florist and a yoga studio, demonstrating the versatility of the space. The ground floor offers established commercial space ready for immediate occupancy. Adding significant potential, approximately 5,000 square feet of unfinished space is available on the second floor, presenting a blank canvas for creative redevelopment and expansion. This substantial area awaits a visionary entrepreneur to transform it into additional retail space, office suites, or residential lofts, significantly increasing the property's value and income potential. The 0.11-acre lot provides ample space for outdoor seating or additional development. This property offers a chance to become part of a vibrant and historic community, capitalizing on the charm and potential of downtown Elloree. The asking price is $177,500. This is a remarkable opportunity for investors and entrepreneurs alike to acquire a piece of Elloree's rich heritage and build a thriving business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.