Andrews Real Estate Commercial for sale

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$1,385,000 | N/A beds | N/A full baths | N/A half baths | 23,752 sqft

$1,385,000 No Recent Price Change

15 W Ashland St.
Andrews, SC 29510

COMZoning
23,752SqFt
1Units
N/ASale/Rent
N/AWet Lands
1.87Acres

MLS# 2512963
Commercial
Retail
Active

Watching
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Approx Time on Market2 months, 8 days
AreaAndrews Area--Includes City of Andrews
CountyGeorgetown
Subdivision N/A

Overview

We are thrilled to present an exceptional investment opportunity located at 15 W Ashland St, Andrews, SC. This successful single-tenant grocery store is every investor's dream, featuring a NNN lease with zero liabilities for the owner. This property boasts a solid cap rate of 7%, derived from a net operating income. The Piggly Wiggly store has been a staple in the community for over 30 years, becoming a franchise location in 2013. The new lease is for 15 years with two scheduled increasesone in year 5 and another in year 9ensuring steady growth and valuation. This nearly 24,000 square foot, all-brick store is situated on 1.87 acres, just two blocks from the new Andrews Municipal Complex, making it a prime location for continued growth. The store has a proven track record, with total sales averaging an impressive price per square foot. The current owner, who previously managed the store, knows the business well and has set the foundation for future success. Whether you are looking to expand your portfolio or enter the grocery sector, this property offers a fantastic opportunity to invest in a reliable, profitable establishment. Contact us to view the Offering Memorandum, lease, and all additional information TODAY!

Agriculture / Farm

Grazing Permits Blm: ,No,

Horse: No

Grazing Permits Forest Service: ,No,

Grazing Permits Private: ,No,

Irrigation Water Rights: ,No,

Farm Credit Service Incl: ,No,

Crops Included: ,No,

Association Fees / Info

Hoa: No

Bathroom Info

Building Info

New Construction: No

Num Stories: 1

Levels: One

Mobile Home Remains: ,No,

Zoning: COM

Building Features: DriveInDoors, KitchenFacilities, LoadingDock, PublicRestrooms

Construction Materials: BrickVeneer

Building Area Source: PublicRecords

Buyer Compensation

Exterior Features

Spa: No

Window Features: DisplayWindows

Exterior Features: SprinklerIrrigation

Financial

Lease Renewal Option: ,No,

Business Name: Piggly Wiggly

Garage / Parking

Garage: No

Carport: No

Open Parking: No

Attached Garage: No

Interior Features

Fireplace: No

Lot Info

Lease Considered: ,No,

Lease Assignable: ,No,

Acres: 1.87

Lot Size: 417 x 191 x 426 x 191

Land Lease: No

Misc

Pool Private: No

Offer Compensation

Property Info

County: Georgetown

Current Use: Retail

View: No

Number of Units Total: 1

Senior Community: No

Stipulation of Sale: None

Habitable Residence: ,No,

Property Sub Type Additional: Retail

Property Attached: No

Security Features: SecuritySystem, FireSprinklerSystem

Rent Control: No

Number of Buildings: 1

Room Info

Basement: ,No,

Sold Info

Sqft Info

Sqft: 23752

Tax Info

Unit Info

Utilities / Hvac

Heating: Central

Cooling: CentralAir

Electric On Property: No

Cooling: Yes

Sewer: PublicSewer

Heating: Yes

Waterfront / Water

Waterfront: No

Courtesy of Keller Williams The Forturro G

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Price & Status History (on showmemyrtlebeach.com since Fri, May 23rd 2025)

Original Price: $1,385,000
Current Price: $1,385,000
Price Reduced: $0

Date Changed	From	To
07/10/2025	Active Under Contract	Active
07/07/2025	Active	Active Under Contract
06/17/2025	Active Under Contract	Active
06/02/2025	Active	Active Under Contract

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