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Property profile & analytics
OFF-MARKET
Retail space

56 Groce Rd Lyman, SC 29365-1728

2,106 SF 0.07 ac lot Built 1928
Individually Owned 6-yr Hold Free & Clear
Property ID
US77-0592298
Property summary
AI-generated overview

This exceptional storefront property at 56 Groce Road, Lyman, SC 29365, presents a unique investment opportunity in the heart of downtown. The building, constructed in 1928, boasts a total of 4,212 square feet spread across two stories. The main level offers 2,106 square feet of finished space, ideal for immediate occupancy. An additional 2,106 square feet of unfinished space resides on the second floor, presenting significant potential for conversion into a modern loft-style space, capitalizing on the growing demand for unique downtown living spaces. Adding to the property's versatility is a 526-square-foot basement area. Convenient street parking is available, supplemented by additional parking at the rear entrance. The property is zoned CBD, allowing for a variety of commercial uses. Its location near the First Baptist Church in downtown Lyman ensures high visibility and foot traffic. The building's history as the former Claytons Barbershop adds to its character and charm. This property is priced at $378,000 and offers a compelling blend of historic charm and modern potential. Don't miss this chance to acquire a significant piece of Lyman's downtown landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Construction BRICK
Total area 2,106 SF
Lot 0.07 ac (3,078 SF)
APN 5-1511-10100
UPID US77-0592298
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
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Blend (final) Blend
by Request
Owner & transaction history
Nellie C Clayton · 6 yrs held
Nellie C Clayton
since 2020
2 recorded transactions
2020
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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