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Investment Highlights
- Located in the heart of downtown Landrum.
- Located in the heart of downtown Landrum.
- Convenient access to Interstate 26 and the Upstate region.
- Two-story retail building with established street presence.
- Multi-tenant configuration supports diverse occupancy.
Executive Summary
Located in downtown Landrum, South Carolina, 116 E. Rutherford Street presents an opportunity to acquire a multi-tenant retail asset positioned within the city's established commercial core. The two-story building benefits from a Main Street location that places it among local retailers, restaurants, service businesses, and community destinations that contribute to daily foot traffic and customer activity throughout downtown.
The property contains approximately 5,100 square feet and is configured for multiple tenants, providing operational flexibility and diversified occupancy potential. Its downtown setting offers convenient access for customers, employees, and visitors while benefiting from the character and visibility associated with Landrum's historic business district. The asset's location near Interstate 26 enhances regional connectivity to the Greenville-Spartanburg market and surrounding Upstate South Carolina communities.
For investors, the multi-tenant configuration provides the opportunity to own a retail property with income-generating potential in a walkable downtown environment. For owner-users, the building offers a presence within one of the area's established commercial corridors while maintaining access to the broader regional economy. The combination of a downtown location, multi-tenant layout, and proximity to regional transportation routes positions the property as a compelling retail investment within Spartanburg County.
The property contains approximately 5,100 square feet and is configured for multiple tenants, providing operational flexibility and diversified occupancy potential. Its downtown setting offers convenient access for customers, employees, and visitors while benefiting from the character and visibility associated with Landrum's historic business district. The asset's location near Interstate 26 enhances regional connectivity to the Greenville-Spartanburg market and surrounding Upstate South Carolina communities.
For investors, the multi-tenant configuration provides the opportunity to own a retail property with income-generating potential in a walkable downtown environment. For owner-users, the building offers a presence within one of the area's established commercial corridors while maintaining access to the broader regional economy. The combination of a downtown location, multi-tenant layout, and proximity to regional transportation routes positions the property as a compelling retail investment within Spartanburg County.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,200 SF
Building Class
C
Year Built
1922
Price
$895,000
Price Per SF
$279.69
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.07 AC
Zoning
Commercial - Commercial
Frontage
23’ on Rutherford St
Amenities
- Awning
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-08-05-048.00 | Improvements Assessment | $16,950 |
| Land Assessment | $798 | Total Assessment | $17,748 |
Property Taxes
Parcel Number
1-08-05-048.00
Land Assessment
$798
Improvements Assessment
$16,950
Total Assessment
$17,748
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Contact the Sale Advisor
116 E Rutherford St




