Lake Homes Realty
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166 reeders fishing village

Waterloo, SC 29384

$999,000

4.25 AC LOT
Commercial
Image 1
Acreage 4.25
Status Off Market
MLS # 111536
County Laurens
More Info
Category Commercial
Status Off Market
Acreage 4.25
MLS # 111536
County Laurens
PRIME INCOME PRODUCING COMMERCIAL WATERFRONT PROPERTY WITH 4+ ACRES AND 900FT WATERFRONT!! The absolute BEST location for commercial property on Lake Greenwood. The possibilities are ENDLESS! This property is located in the heart of Lake Greenwood and borders Hwy 71/221. It consist of 4.25 acres, over 900 feet of DEEP water, PANORAMIC long range lake views, and over 550 feet of PRIME road frontage. Fantastic development potential for this location!! Build on this property or purchase and hold on to it as an investment. This INCOME PRODUCING property currently offers a public paid boat launch for lake access to boaters, RV rental spots, and commercial building that is currently leased a restaurant, and an apartment building. Contact us today for details or for access to the building. Gross profit estimates with current amenities per owner:Paid boat launch $5 per boat ($30,000 yr)Store rental $850 mo ($10,200 yr)Hotel $250 per unit per month (4 units) ($12,000 yr)Campsites- $250 mo with up to 16 possible. 10 are currently occupied. ($48,000 yr)Income from advertising sign $100mo ($1200 yr)Possible gross of $101,400 yr
Location not available

Exterior Features

  • Style 1 Story
  • Garage No
  • Lot Description N/A

Neighborhood & Schools

  • Subdivision NOT IN SUBDIVIS

Financial Information

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