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2902 S Island Rd, Georgetown, SC 29440

DN
SC 130703, VA 0225078908
eXp Commercial, LLC
Listed by eXp Commercial, LLC
$650,000
46 days on market
Updated 43 days ago

2902 S Island Rd

Details
Property Type Retail, Senior Living
Sub Type Commercial
Square Footage 13,234
Units 24
Beds 48
Tenancy Single
Stories 1
Acreage 3.000
Zoning Low Density Residential
Investment Type Owner/User

2902 S Island Rd, Georgetown, SC 29440

Marketing description

2902 S Island Rd, located at 2902 S Island Rd, Georgetown, SC 29440, is a rare opportunity to acquire a 13,234-square-foot freestanding former senior living facility positioned on approximately 3 acres in one of the South Carolina coast’s most charming and growing markets. This single-story property offers 24 units with 48 beds and is vacant, making it ideal for an owner-user, investor, or care operator seeking a turnkey repositioning opportunity. Designed for functionality and resident comfort, the facility features an entry lobby, dining room, activity room, commercial kitchen, double-occupancy guest rooms with private bathrooms, and prominent on-site signage. Its location provides convenient access to shopping, restaurants, hospitals, physicians, rehabilitation centers, and outdoor recreation. Set near scenic Winyah Bay and just minutes from Georgetown’s Historic District, the property also benefits from proximity to Pawleys Island, Murrells Inlet, Myrtle Beach, and Charleston. With positive senior housing demand trends and steady county population growth, 2902 S Island Rd presents a compelling value-add or operational restart opportunity in a high-demand coastal corridor.

Investment highlights

  • 13,234 square feet in single-story structure
  • 24 units with 48 beds total
  • Located on approx 3 acres in Georgetown, South Carolina
  • Low Density Residential Zoning
  • Features prominent on-site signage, entry lobby, dining room, activity room, commercial kitchen, and double-bed guest rooms with private bathrooms
  • Convenient access to local shopping, restaurants, outdoor activities, hospitals, physicians, and rehabilitation centers
  • Property tours available by appointment only through broker contact
  • County added average of 525 residents annually from 2020-2024
  • National seniors housing trends are positive with aging population expected to nearly double to 72 million by 2030 (19% of total population)

Listing Contacts

DN
SC 130703, VA 0225078908
eXp Commercial, LLC
Listed by eXp Commercial, LLC

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Additional Information

Name
David Newman
License
130703
Brokerage
EXP COMMERCIAL, LLC
Brokerage Phone
843-717-7158
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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