401 Congress StWinnsboro, SC 29180

Property Details for 401 Congress St

Lot size

1.00 AC

Property size (Sq ft)

1,946 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

1260106010000

APU

1260106010000

Description

This exceptional 2,265 square foot Class C retail/office building is ideally situated at 401 N. Congress St in Winnsboro, South Carolina, zip code 29180. Currently vacant, this standalone property presents a unique investment opportunity. The building offers ample parking, a significant advantage in this location. Its executive office subtype makes it suitable for a variety of professional uses. The property benefits from a high volume of vehicular traffic, with a reported 2,700 vehicles per day passing on N. Congress Street. Adding to its income potential is an on-site ATM generating annual revenue. The asking price for this Fairfield County commercial property is $250,000. This presents a compelling opportunity for investors seeking a well-located, income-producing asset in a growing area. The property's size and location make it suitable for a variety of businesses seeking a prominent presence in Winnsboro. Its vacant status allows for immediate occupancy and customization to suit a new tenant's specific needs. Serious inquiries are encouraged to explore this promising investment.

• CAP approach

  CAP return

  Valuation

  6%

  $291,643

  6.5%

  $269,209

  7%

  $249,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $139,375

  Geo Method

  $329,536

• Alternative Use

  Use

  Valuation

  Residential

  $333,819

  Hospitality

  $305,776

  Educational

  $254,402

  Medical

  $263,151

  Retail

  $395,737

Location Insight

City

Winnsboro

County

Fairfield

State

South Carolina

Latitude

34.3869

Longitude

-81.0888

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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