6.41 Acre 5-Points Development Site
W Palmetto Street, Florence, SC | Florence County , SC
| Price: | $5,500,000 |
| Property Type(s): |
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| Posted: | 117 days ago |
| Times Viewed: | 315 |
| Irrigated: | No |
| Residence: | No |
| Cropland Acres: | Contact seller or broker/agent |
| Land and Farm ID: | 422695 |
Description
Approximately 6.41 acres traffic light corner Situated in both the 5-Points & David McLeod Blvd Commercial districts Frontage on W. Palmetto St, W. Evans St & David McLeod Blvd B-3, General Commercial Zoning City water and sewer services Partial ground lease to strip center facing W. Evans St. expires Sept. 2012. $12,000 annual current ground lease income. Thereafter converts to building leases of $75,420 per annum. Two billboard leases $13,200 per annum Proximate to the Florence Mall, Magnolia Mall, the Florence Civic Center, hospitality, food/beverage, financial institutions, and professional officesMap of 6.41 Acre 5-Points Development Site
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