56 Groce Rd Lyman, SC 29365-1728
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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