Commercial investment opportunities in Fairfield County, South Carolina.
An underserved community with spending power and growth potential.
Growth, spending power and a lack of competition.
Industry Growth
Due to recent new and expanding businesses such as Healthcare US Co. Ltd., Fairfield County is experiencing increasing retail spending.
Limited Competition
The closure of the Wal-Mart Supercenter in 2016 has left a major gap in local shopping options. Residents must drive up to 30 minutes to reach other destination retail centers.
Local Spending Power
Fairfield County’s per capita income is $36,198 per year. Coupled with a lack of shopping outlets, new retailers could easily fill local market demand.
Low Lease & Construction Rates
Lease and construction rates in Fairfield County are significantly lower than surrounding urban areas.
Visitor Impact
Given Fairfield County’s location along I-77, investors could potentially capture visitor spending dollars.
Commercial Investment Opportunity
Downtown Winnsboro Redevelopment
Purchase and revitalize existing building(s) in downtown Winnsboro for retail and restaurant use.
Limited Shopping Options
Downtown Winnsboro is full of history and small-town charm. The Town of Winnsboro would benefit from additional retail and restaurant development.
Less Than 15 Dining Establishments
Despite an average weekly spend of $65+ per household on dining out, fewer than 15 dining establishments remain downtown.
Numerous Opportunities
Downtown Winnsboro features many vacant buildings ready for development, totaling nearly 70,000 square feet.
Available Retail Locations
| Address | Size |
|---|---|
| 100 S. Congress St. | 8,234 sf |
| 128 S. Congress St., 2-story | 1,680 sf |
| 142 S. Congress St. | 7,170 sf |
| 139 S. Congress St. (include storage garage) | 2,917 sf |
| 151 S. Congress St., 2-story. | 2,480 sf |
| S. Congress St. W42, 2-story | 4,373 sf |
| 110 N. Congress St. | 3,992 sf |
| 110 1/2 N. Congress St. | 804 sf |
| 120 N. Congress St. | 2,900 sf |
| 126 N. Congress St., 2-story | 6,806 sf |
| 135 N. Congress St. | 1,541 sf |
| Winnsboro Famliy Fitness Center/Restaurant | 5,427 sf restaurant & 1,232 sf outbuilding |
| 153 N. Congress St. | 1,491 sf |
| 159-157 N. Congress St. | 5,786 sf |
Commercial Investment Opportunity
Wal-Mart Building Redevelopment
As part of a restructuring initiative, Wal-Mart closed its Winnsboro, SC supercenter in 2016. The space is now available for purchase and redevelopment.
Large Vacant Building
Located at 721 US Hwy, 321 Bypass S. in Winnsboro, SC, the former Wal-Mart offers investors and future tenants 109,000 square feet of space on 15 acres.
Numerous Potential Uses
The building could be redeveloped and used as a light manufacturing facility, resource center, movie theatre, family or young adult entertainment center or more.
Significant Tax Benefits
In addition to the Opportunity Zone tax benefits, investors could also potentially realize SC Abandoned Building tax credits or SC Retail Facilities Revitalization Act benefits.
Wal-Mart Redevelopment Building Specifications
Address: 721 Hwy. 321, Winnsboro, SC 29180
Building Size: 109,000 sf
Site Size: 15 acres
Recent Use: Retail
Shape: Rectangular
Tax Map: 145-01-006-000
Asking Price: $1,400,000
Interstate Access: I-77, 8 miles away
Walls: Masonry
Dock Doors: 3
Parking Spaces: 360
Trailer Parking Spaces: 50
Construction: Built in 1998
Utilities: All utilities in place
Heating/Cooling: 100% HVAC
Sprinkler System: Wet fire suppression system