For Sale
$310,000

1707 Main StAnderson, SC 29621

Class A Office, 2138 SF, $310K

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A office building, located at 1707 N Main St in Anderson, South Carolina, presents a compelling investment opportunity. The 2,138 square foot property is currently occupied by a well-established insurance agency under a lease expiring October 31, 2025. The current tenant, Correll Insurance Group, pays a monthly rent of $2,190, translating to an annual rent of $26,280. Annual expenses are estimated at $6,022, resulting in a net operating income (NOI) of $20,258. This translates to a 6.53% capitalization rate. The asking price for this property is $310,000, representing a price per square foot of $145. Situated in Anderson County, South Carolina, zip code 29621, this property offers a strong tenant base and a solid return on investment. The building's prime location on North Main Street provides excellent visibility and accessibility. This is an ideal opportunity for investors seeking a stable, income-producing asset in a desirable location. The property's strong financial performance and established tenant make it a particularly attractive investment. Further details are available upon request.

Highlights

  • Asking Price: $310,000
  • Class A Office Building, 2,138 square feet
  • Located at 1707 N Main St, Anderson, SC 29621
  • Price per square foot: $145
  • Currently leased to Correll Insurance Group with a lease expiring October 31, 2025, generating a Net Operating Income (NOI) of approximately $20,258 annually and a 6.53% cap rate.

Property Details for 1707 Main St

Property type
Office properties
Square Feet
2,138 SF
Class
A

Location Insight

City
Anderson
County
Anderson
State
South Carolina
Latitude
34.5192477
Longitude
-82.6557035
1707 Main St, Anderson, South Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1707 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message