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Property profile & analytics
OFF-MARKET
Retail space

2709 Cleveland St Elloree, SC 29047-9539

5,160 SF 0.11 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
Property ID
US77-1206457
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 5,160 SF
Lot 0.11 ac (4,792 SF)
APN 0286-05-19-010
UPID US77-1206457
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lorand LLC · 3 yrs held
Lorand LLC
since 2022
Last sale
$100,000
1 recorded transaction
2022
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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