Kingstree Self Storage

207 N. Longstreet Kingstree, SC 29556

207 N. Longstreet, Kingstree, SC, 29556
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FOR SALE
Property Type:
Self Storage
Amount:
$980,000
Last Verified:
Sep 26, 2022

Highlights

  • Retail Location in the Heart of Kingstree, SC
  • Expansion land included with frontage on 2 main roads
  • Only 1 Competitor within 10 miles
  • Traffic count of 11,500 cars/day
  • 5 apartment complexes and 2 senior centers in the immediate area

Description

SVN is pleased to present Kingstree Self Storage For Sale. Located in Kingstree, South Carolina, Kingstree Self Storage has a prime center city retail location next to KFC and McDonalds and other retailers and is in close proximity to multiple apartment complexes and senior living facilities. The property includes expansion land behind KFC for immediate upside. Kingstree Storage has 80 Units with 10,500 SF on 2.05 acres and frontage on 2 main streets. There is potential for an additional 20,000 SF of storage for a total of 30,500 SF. The property is on a remote management system through Easy Storage Solutions with call center and website leasing and rent pay. Pro-Forma Gross Income with the additional 20,000 SF of storage is over $250,000. Kingstree, SC is home to the Medical University of South Carolina and it is located only about an hour from Myrtle Beach.

Kingstree is the county seat of Williamsburg county with a population of over 31,000 people. It is located less than 2 hours east of Columbia, SC and less than 2 hours north of Charleston, SC. Kingstree is an hour from Myrtle Beach SC. Conveniently located approximately midway between the Interstate 95/20 junction and Interstate 26 that ends in Charleston SC, as well as approximately midway east-west between Interstate 95 and the Atlantic Coast It is home to the Medical University of SC, Clemson University Coop Extension & Williamsburg Technical College. The largest industries for employment consist of manufacturing, health care & social assistance and retail trade. Williamsburg Regional Airport is just 4 miles from the site and both the Charleston and Myrtle Beach International Airports are a 90 minute drive. The county's business-friendly practices and a cost of living that is 18.8% lower than the national average makes it the ideal setting for expanding industries and new ventures. Kingstree Storage is located within 2 miles of multiple Senior living facilities and 5 apartment complexes.

Building Size: 10500sq ft
Lot Size: 2.05 acres


Documents

NEW - OM/Proposal/BOV (L)

Map of 207 N. Longstreet, Kingstree, SC, 29556

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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