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210-216 N Main Street 210-216 N Main St 4,800 SF 100% Leased Retail Building Anderson, SC 29621 $950,000 ($197.92/SF) 6.59% Cap Rate
Investment Highlights
- renovated in 2019
- fully sprinkled
Executive Summary
-4,800 SF mixed use building in the heart of downtown Anderson!
-Building was completely renovated in 2019!
-6.6% cap rate on hard to find investment property under $1M!
-Two commercial spaces on the first floor with two residential units (2/2 and 1/1.5) on the second floor!
-Fully sprinkled!
-Building was completely renovated in 2019!
-6.6% cap rate on hard to find investment property under $1M!
-Two commercial spaces on the first floor with two residential units (2/2 and 1/1.5) on the second floor!
-Fully sprinkled!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1979/2019
Price
$950,000
Price Per SF
$197.92
Cap Rate
6.59%
NOI
$62,583
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.11 AC
Opportunity Zone
Yes
Parking
8 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
66’ on Main St
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 4
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