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$ 6,100,000
Est. payment | /mo
5 Baths
144,000 SqFt
$ 6,100,000
Est. payment | /mo
5 Baths
144,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1481040
Square Footage 144,000 sqft
Price per Sqft $42
MLS Listing ID 20254150
Year Built 1970
Lot Size 34.000 Acres
Property Sub-Type Industrial
Property Description
Welcome to 520 SC-576 in Marion, SC. Old River Real Estate LLC is pleased to present this offering that is truly one-of-a-kind. Overall, this property boasts a +/- 144,000 SqFt building and +/-34 acres that allows room to grow if needed. Historically, this property is known as the Sara Lee plant and the use of this property has been a staple of Marion County, SC's economy for many years. A few years ago, the current owner acquired this property and has truly unlocked the potential a space like this offers, providing much needed renovations at the time and employing a layout that allows 4 end users to comfortably utilize the existing building. This space is fully leased, all of the companies that lease this space are in the manufacturing, engineering, warehousing and/or office business; one of said tenants is highly rated on the Fortune 500 list and one of the largest manufacturers in the world. This property has many highlights from an investment perspective. This property is not only a fit for those looking for an investment but also holds great value for an end user who would look to utilize the entire space for their operations. The building has well over 100,000 SqFt in warehouse/manufacturing space with some areas of the warehouse/manufacturing space have HVAC connected. The dedicated office space has been updated nicely and is well equipped for a large sole end user's need. The property features a loading dock and has many raised bays, along with many other bays all along the exterior of the building. Do you need even more space than this? The property is laid out perfectly for future expansion. The current parking area to the west of the existing building is largely underutilized and would be an ideal location for construction of additional +/- 100,000 SqFt of industrial/commercial/office space based on the approximate area of the existing western parking facility. Also included with Tract B is +/- 15 acres on the opposite side of Mill Ct from the western parking lot. That area has potential for retention/detention ponds, general recreation, and/or small-scale development due to a partial flood zone and/or wetlands designation on that side of the offering per Marion County GIS. This property features two entrances off Hwy 576, one along Mill Court and another along Morning Court, both of said entrances offer existing dedicated turn lanes. Mill Court is almost perfectly aligned with Bobby L Davis Blvd. across the highway and there may be future potential for a signaled intersection subject to SCDOT approval. Property is strategically located near several occupied industrial facilities, utility facilities (substations, water-tower sites, transmission & 3-phase distribution lines) with critical road/water/sewer infrastructure already in place. Hwy 576 is heavily used by many travelers to reach booming Myrtle Beach from all across the state & country. Florence, SC is also rapidly growing and allows for quick transport there.
Location
State SC
County Marion
Area Marion
Zoning GenDev
Interior
Fireplace No
Building
Lot Description Industrial Park
Listed by: Old River Real Estate, LLC • River M Norton