
Georgetown - Coastal SC Area - One Acre On Lake
Maximize Rental Unit Infill - Near Grand Strand Area - Modular, Workforce, RV Units
Marketing description
Property Description
KEY FOCUS: CALL ME AT (843) 532-1641
Extremely Important To Access: https://www.crexi.com/properties?searchBrokerId=833fa506-f61c-421c-936e-0ff7644a4c65
Introducing a prime investment opportunity at 177 Spring Pond Lane, Georgetown, SC, 29440. This property, zoned R1AC, is situated in the coveted Georgetown area, offering a lucrative prospect for land and other investors. With its ideal zoning and sought-after location, this property holds immense potential for a wide range of development possibilities. Here's your chance to seize a strategic investment in the thriving commercial real estate market. Multifamily maximization of Modular Units on the Lake or anything allowed by zoning. Workforce Housing for Grand Strand Development Employment Opportunities. Maximize returns in this captured market area or use it for retirement or personal use. Georgetown and the Myrtle Beach Grand Strand have been tourist meccas for centuries. Be a part of it.
Location Description
This property is situated in Georgetown County, contiguous to a lake; this prime location offers a blend of rich heritage and modern opportunities. Close by is the picturesque waterfront and charming downtown area, which beckon visitors and residents alike, creating a thriving atmosphere for commercial investment. With proximity to attractions such as the Kaminski House Museum, Harbor Walk, and the charming shops and restaurants of Front Street, the possibilities for solid returns are key. Drawing on the area's unique character and strong community ties, the location offers an ideal setting to attract tenants and clients seeking a blend of history and modern convenience. To describe area amenities would take volumes of information. Suffice it to say that this is in the heart of Coastal South Carolina, with everything that it offers. See this YouTube Video for a quick snapshot of Georgetown: https://www.youtube.com/watch?v=glPmsUIqmDQ
$29,920.00 Sales Price | Possible Owner Financing. Commission Structure is a $3,500.00 Flat Fee, Split Between the Listing and the Selling Brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential utilization is Buyer Due Diligence with Georgetown County Planning and Zoning. Discuss a possible half-down and Seller Financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's expenses beyond the basics. Seller will do a Quitclaim Deed at his cost, and the other Attorney focuses are the Buyer's cost and focus.
Investment highlights
Highlights
- Zoned R1AC
- One-acre site
- Modular units strong income generation
- Workforce Housing for Grand Strand and other Employees
- Retirement site
- Pond view
- Boating opportunities
- Golf nearby
- Fishing access
- Owner financing available
- Georgetown Overview: https://www.youtube.com/watch?v=glPmsUIqmDQ
- https://www.crexi.com/properties?searchBrokerId=833fa506-f61c-421c-936e-0ff7644a4c65
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