Value-Add Redevelopment Opportunity | Francis Marion
1404 North Main Street, Marion, SC
Market Price
Price
28,000 sqft
Building Size
4.34 acres
Lot Area
Overview
Description
RI Marketplace Online Auction June 3-5, 2024
Register to bid on Marketplace:
https://rimarketplace.com/auction/1967/value-add-redevelopment-opportunity-francis-marion?utm_source=brevitas&utm_medium=listing&utm_campaign=retail_1967
Palomar Real Estate Group, in conjunction with Real Insight Marketplace, present for sale a value-add redevelopment opportunity. The property is in a market situated approximately 43 miles northwest of Myrtle Beach which attracts an impressive 19 million visitors annually. Notably, the Food Lion located on Main Street stands as the sole Food Lion store within a radius of over 20 miles. Main Street hosts various national retailers, including Dollar General, CVS Pharmacy, Family Dollar, Wendy’s, and more. In terms of demographics, the area boasts a 1-mile household income of $54,518 and a population of 28,237 within a 10-mile radius. Benefiting from quick access to I-95, the location offers convenience and accessibility. Positioned within a great neighborhood location, the asset enjoys excellent ingress and egress from Main Street and Luther Rogers Rd.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 3981
Co: 3996
Highlights
- Former Piggy Wiggly anchored center
- Potential Outparcel Development with frontage on Main Street
- Located in the heart of Marion’s Main Commercial Corridor
- Significant Upside through Lease Up with 28,000 sf of vacancy
- Vacancy can be divided to accommodate tenants with varying space requirements
- Excellent Visibility and Ample Parking
- Below replacement cost
Documents
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