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Three-unit Village Plaza condominium complex is improved with a 9,984 +/- SF building (Phase 1) and has approvals for up to 19,998 square feet for Phases 2 and 3, respectively. It's a yield & value-add play with a 6.9% stabilized cap rate. Light industrial (flex space) building would be an ideal use for Phase 2 and 3, among other uses. There is a dearth of such space in the area. Other permitted uses include retail, industrial, office and residential. Town of Waterboro is business-friendly and would consider changes to the building dimensions if a buyer is interested.New Family Dollar and Ace Hardware are located to the right of the Village Plaza.
Listed by Bean Group

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