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103 Court Sq 7,846 SF 100% Leased Retail Building Abbeville, SC 29620 $1,200,000 ($152.94/SF) 7.33% Cap Rate



INVESTMENT HIGHLIGHTS
- Mixed use residential and commercial rentals
- High visibility and foot traffic
- Downtown building on the Historic Square
EXECUTIVE SUMMARY
Offering Summary - 103 Court Square, Abbeville, SC
Price: $1,200,000
Approx. 7,800 SF mixed-use building (buyer to verify)
Approx. 0.48-acre lot - one of the largest privately held parcels downtown
100% occupied: four residential units upstairs and two commercial suites on the ground floor
103 Court Square is a fully renovated mixed-use property located directly on Abbeville’s historic Court Square, within walking distance of the Opera House, restaurants, and civic amenities.
The building includes two ground-floor commercial spaces and four residential units above (two 2BR/1BA and two 1BR/1BA). Two of the residential units are currently operated as furnished executive / short-term stays, serving professionals and visitors who need flexible, move-in-ready housing. The remaining two are long-term residential rentals. All upstairs units are fully furnished.
The property sits on a combined 0.48-acre parcel, including a large rear lot currently used for tenant and customer parking, with potential for future expansion or additional use.
The building has been comprehensively renovated, with modern systems, updated finishes, and exterior improvements, positioning it as one of the highest-quality mixed-use properties in downtown Abbeville.
Downtown Abbeville is seeing steady reinvestment and growing tourism activity as interest increases in smaller, historic town centers. Mixed-use properties in similar South Carolina secondary markets typically trade in the mid-6% to mid-7% cap rate range, with high-quality, fully leased properties commanding stronger pricing. The mix of commercial tenants, long-term residential units, and executive / short-term stays provides a diversified and flexible income stream.
Price: $1,200,000
Approx. 7,800 SF mixed-use building (buyer to verify)
Approx. 0.48-acre lot - one of the largest privately held parcels downtown
100% occupied: four residential units upstairs and two commercial suites on the ground floor
103 Court Square is a fully renovated mixed-use property located directly on Abbeville’s historic Court Square, within walking distance of the Opera House, restaurants, and civic amenities.
The building includes two ground-floor commercial spaces and four residential units above (two 2BR/1BA and two 1BR/1BA). Two of the residential units are currently operated as furnished executive / short-term stays, serving professionals and visitors who need flexible, move-in-ready housing. The remaining two are long-term residential rentals. All upstairs units are fully furnished.
The property sits on a combined 0.48-acre parcel, including a large rear lot currently used for tenant and customer parking, with potential for future expansion or additional use.
The building has been comprehensively renovated, with modern systems, updated finishes, and exterior improvements, positioning it as one of the highest-quality mixed-use properties in downtown Abbeville.
Downtown Abbeville is seeing steady reinvestment and growing tourism activity as interest increases in smaller, historic town centers. Mixed-use properties in similar South Carolina secondary markets typically trade in the mid-6% to mid-7% cap rate range, with high-quality, fully leased properties commanding stronger pricing. The mix of commercial tenants, long-term residential units, and executive / short-term stays provides a diversified and flexible income stream.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,846 SF
Building Class
B
Year Built/Renovated
1890/2005
Price
$1,200,000
Price Per SF
$152.94
Cap Rate
7.33%
NOI
$88,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.48 AC
Zoning
CC - Core Commercial District
Frontage
50’ on Court Sq
AMENITIES
- Skylights
- Tenant Controlled HVAC
- Fiber Optic Internet
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sage & Co
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sage & Co | Services | 99,999 SF | - | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 109-13-06-021 | Improvements Assessment | $15,430 |
| Land Assessment | $1,370 | Total Assessment | $16,800 |
PROPERTY TAXES
Parcel Number
109-13-06-021
Land Assessment
$1,370
Improvements Assessment
$15,430
Total Assessment
$16,800
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