165 Main StDuncan, SC 29334

Property Details for 165 Main St

Year built

1994

Construction

METAL FRAME

Lot size

0.51 AC

Property size (Sq ft)

1,760 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

5-2001-07800

APU

5200107800

Description

This exceptional commercial property, situated at 165 West Main Street in Duncan, South Carolina, presents a compelling investment opportunity. Its prime location offers unparalleled visibility and accessibility, making it highly attractive for a diverse range of businesses. The property's strategic placement ensures high traffic volume, benefiting from its proximity to major highways, providing easy access for customers and employees alike. This translates to significant potential for increased brand awareness and customer reach. The property is classified as industrial, offering considerable flexibility for various business models, including retail, office, or service-based enterprises. The asking price is $525,000. While the square footage is not currently specified, the property's location alone makes it a highly desirable asset in a rapidly growing Upstate community. This presents a rare chance to establish a strong presence in a thriving market, capitalizing on the high visibility and convenient access this location provides. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The property sits on a 0-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $499,669

  6.5%

  $461,233

  7%

  $428,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $365,150

  Geo Method

  $365,150

• Alternative Use

  Use

  Valuation

  Residential

  $389,067

  Hospitality

  $356,384

  Educational

  $296,507

  Medical

  $306,704

  Retail

  $461,233

Location Insight

City

Duncan

County

Spartanburg

State

South Carolina

Latitude

34.9382

Longitude

-82.1463

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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