211 Whitner StAnderson, SC 29624

Property Details for 211 Whitner St

Property size (Sq ft)

4,600 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional retail investment opportunity presents a 4,600 square foot multi-tenant storefront located at 211 & 213 W Whitner St, Anderson, SC 29624. Currently 50% occupied, the property offers immediate income generation and significant value-add potential. The left side, approximately 1,800 square feet, is leased to a reliable tenant, MTS Office, under a lease extending to the end of 2024 with a renewal option, generating $1,800 monthly rent. The right side, approximately 2,800 square feet, will be vacant shortly, offering a blank canvas for a new tenant or expansion. This space features a blend of office and retail areas, including a sizable conference room in the rear. The property is situated on a high-visibility corridor, conveniently located near downtown Anderson. With a total asking price of $425,000, this translates to a price per square foot of $92.39, presenting a compelling investment opportunity for savvy buyers seeking a strong return on investment in a thriving South Carolina market. The property's prime location and existing tenancy make it an attractive proposition for both investors and owner-occupiers. The existing tenant's long-term presence demonstrates the property's desirability and potential for sustained rental income. Don't miss this chance to acquire a well-positioned retail property with immediate income and substantial upside.

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5029

Longitude

-82.6525

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