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124-126 Laurens St NW
Aiken, SC 29801
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • Established tenants and immediate income generation
- • High foot traffic and strong downtown visibility
- • Long-term investment in one of Aiken’s most desirable commercial corridors
- • Healthy cap rate
- • Potential to include kitchen equipment in purchase
EXECUTIVE SUMMARY
Both buildings benefit from exceptional walkability, close proximity to retail, dining, and downtown events, and the continued growth of Aiken’s vibrant city center. This portfolio is ideal for investors seeking dependable returns and a hard-to-replace location.
With a robust cap rate, this investment is perfect for any investor looking for consistent returns and a valuable asset that could easily be filled should you lose a tenant in the future. Both leases are 3 year leases with options to renew. Don't miss this perfect opportunity to get a stable income producing, multi-tenant investment.
Presenting a rare chance to acquire two adjacent commercial buildings in the heart of Historic Downtown Aiken. Located along highly traveled Laurens Street, these income-producing properties offer stable tenancy, excellent visibility, and long-term appreciation potential.
• 124 Laurens Street NW – Currently operating as a charming boutique with strong foot traffic and consistent rental income.
• 126 Laurens Street NW – Leased to a successful restaurant. The space features a full commercial kitchen; existing equipment is leased separately, but ownership is negotiable with an acceptable offer.
With a robust cap rate, this investment is perfect for any investor looking for consistent returns and a valuable asset that could easily be filled should you lose a tenant in the future. Both leases are 3 year leases with options to renew. Don't miss this perfect opportunity to get a stable income producing, multi-tenant investment.
Presenting a rare chance to acquire two adjacent commercial buildings in the heart of Historic Downtown Aiken. Located along highly traveled Laurens Street, these income-producing properties offer stable tenancy, excellent visibility, and long-term appreciation potential.
• 124 Laurens Street NW – Currently operating as a charming boutique with strong foot traffic and consistent rental income.
• 126 Laurens Street NW – Leased to a successful restaurant. The space features a full commercial kitchen; existing equipment is leased separately, but ownership is negotiable with an acceptable offer.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,650 SF
Building Class
C
Year Built
1935
Price
$1,100,000
Price Per SF
$301.37
Cap Rate
8.79%
NOI
$96,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.55
Lot Size
0.05 AC
Zoning
GB
Frontage
48’ on Laurens St
AMENITIES
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 121-21-02-015 | Improvements Assessment | $25,720 |
| Land Assessment | $0 | Total Assessment | $25,720 |
PROPERTY TAXES
Parcel Number
121-21-02-015
Land Assessment
$0
Improvements Assessment
$25,720
Total Assessment
$25,720
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