Log In/Sign Up
Your email has been sent.
103 Court Sq 7,846 SF 100% Leased Retail Building Abbeville, SC 29620 $1,450,000 ($184.81/SF) 6.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Mixed use residential and commercial rentals
- High visibility and foot traffic
- Downtown building on the Historic Square
EXECUTIVE SUMMARY
Premium Investment Opportunity on Abbeville's Historic Square
Net Operating Income (NOI): $88,140 annually
Total Square Footage: 7,800+ sqft
Mixed-Use Property:
Residential (Upper Level):
4 Apartments - 2x 2BR/1BA and 2x 1BR/1BA
Commercial (Ground Floor):
2 Commercial Units, each featuring private bathrooms
Additional Garage Space: Potential for expansion into rentable space, already contains a bathroom
Additional Buildable Rear Lot: Potential for expansion, parking, building, or other revenue streams. A 0.38ac lot behind the subject property is included with sale.
Fully Leased & Updated: All units currently rented, providing immediate and consistent cash flow. Property meticulously updated, ensuring minimal near-term capital expenditures. One commercial HVAC unit replaced in 2021, one residential HVAC unit replaced in 2021, one residential HVAC unit replaced in 2024. All residential washer/dryer appliances replaced between 2023-2024. Rear insulated windowed garage door installed 2022. Rear stairs replaced 2025.
Prime Location:
Located directly on the historic and charming town square of Abbeville, SC, this property benefits from high visibility, foot traffic, and sustained rental demand.
Investor Highlights:
High-quality, stable asset
Diversified income stream (residential & commercial)
Significant potential to increase revenue through garage conversion
Ideal for investors seeking stable returns, minimal maintenance, and prime downtown real estate.
Net Operating Income (NOI): $88,140 annually
Total Square Footage: 7,800+ sqft
Mixed-Use Property:
Residential (Upper Level):
4 Apartments - 2x 2BR/1BA and 2x 1BR/1BA
Commercial (Ground Floor):
2 Commercial Units, each featuring private bathrooms
Additional Garage Space: Potential for expansion into rentable space, already contains a bathroom
Additional Buildable Rear Lot: Potential for expansion, parking, building, or other revenue streams. A 0.38ac lot behind the subject property is included with sale.
Fully Leased & Updated: All units currently rented, providing immediate and consistent cash flow. Property meticulously updated, ensuring minimal near-term capital expenditures. One commercial HVAC unit replaced in 2021, one residential HVAC unit replaced in 2021, one residential HVAC unit replaced in 2024. All residential washer/dryer appliances replaced between 2023-2024. Rear insulated windowed garage door installed 2022. Rear stairs replaced 2025.
Prime Location:
Located directly on the historic and charming town square of Abbeville, SC, this property benefits from high visibility, foot traffic, and sustained rental demand.
Investor Highlights:
High-quality, stable asset
Diversified income stream (residential & commercial)
Significant potential to increase revenue through garage conversion
Ideal for investors seeking stable returns, minimal maintenance, and prime downtown real estate.
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
$1,450,000
Price Per SF
$184.81
Cap Rate
6.08%
NOI
$88,140
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 | $0 |
| Land Assessment | $0 | Total Assessment | $16,800 |
PROPERTY TAXES
Parcel Number
109-13-06-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,800
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
103 Court Sq
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.