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Key Facts

Type Commercial
Levels Commercial Sale
Size 1 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 3
Approx. Age 1920
Avg. Price Per Sqft $775,000
MLS® Number 614187

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to “The Town” at Richtex, a rare 12.7-acre mixed-use opportunity with proven cash flow, river access, and room to expand. This historic property includes two commercial shops, a general store, a commissary, and five RV sites, all set against the backdrop of the Little River, which feeds into the Broad River. Also available as part of a larger investment portfolio featuring 28 acres, six homes, and a scenic pond. The 5, 000 sq ft old mill/big shop, featuring three-phase power, is leased for $1, 500/month to a long-term trucking company tenant who also utilizes the adjacent pad for storage. The 1, 500 sq ft small shop is leased at $800/month to a deer feed company with national distribution. The general store is leased for $425/month, with its brick charm offering great potential for future use. The 1, 000 sq ft commissary was recently rented for $425/month and is now vacant. Across from the shops, five newly added RV lots provide additional income potential (one currently rented for $600/month). When fully leased, the RV pads alone could add $2, 400/month in rental income. Ideas for development include expanding the RV park or renovating the store to serve campers and locals. Located in the heart of the historic Richtex mill town, this one-of-a-kind property offers charm, flexibility, and long-term upside. Ask about purchasing as part of the larger 28-acre portfolio. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.Show Description
MLS® Number614187
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior***, In Storage, Out Storage, Restrooms
GarageNo
Approx. Age1920
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

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