Tours by appt!!
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Classic Auction - Retail

Value-Add Redevelopment Opportunity | Francis Marion

1404 N Main St - Marion, SC 29571

  • Asset Type
  • Real Estate
  • Property Type
  • Retail
  • Land Area
  • 4.34 Acres
  • Year Built
  • 1973
  • Year Renovated
  • 1986
  • Anchor
  • No
  • Property Size
  • 28,000 Sq Ft

Tours held by appointment on Thursday, May 30, 2024. Please contact listing broker, Brent Hadden, to schedule.

Investment 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 28,000sf of vacancy
  • Vacancy can be divided to accommodate tenants with varying space requirements
  • Excellent Visibility and Ample Parking
  • Below replacement cost


Offering Summary

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.
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Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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Investment Sales Broker

Transaction Manager

Auctioneer

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    Lamar P. Fisher

    Fisher Auction Company Inc.

    License: 3981

    Co: 3996