127 Evans StFlorence, SC 29501

Property Details for 127 Evans St

Year built

1925

Lot size

0.09 AC

Property size (Sq ft)

3,650 SF

Zone code

B4

Property type

Outlet malls

APN

90167-02-008

APU

9016702008

Description

This exceptional mixed-use building, located in the heart of Downtown Florence's Historic District directly across from Hotel Florence, offers 7,748 square feet of space in a beautifully renovated (2024) three-story building. Originally constructed in 1925, this Class B property boasts a prime location with high foot traffic and visibility, making it ideal for a variety of businesses. Currently, there are two available spaces: 1,100 square feet and 450 square feet, which can be combined to accommodate a larger tenant. The building is suited for retail, restaurant, or office uses, including creative office, traditional office, coworking, executive office, and medical office spaces. The property features abundant public parking directly adjacent, and the potential for outdoor seating adds to its appeal. Its proximity to McLeod Hospital, numerous shops, restaurants, entertainment venues, educational institutions, and government offices ensures high visibility and accessibility. Available for occupancy in the first quarter of 2025, this property presents a unique opportunity to establish or expand your business in a thriving and vibrant downtown area. The building includes an elevator and is served by multiple tenants. Don't miss this chance to secure a prominent location in Florence's dynamic business and cultural district.

• CAP approach

  CAP return

  Valuation

  6%

  $882,906

  6.5%

  $814,990

  7%

  $756,777

• Comparable approach

  Method

  Valuation

  Relative Method

  $663,216

  Geo Method

  $1,557,589

• Alternative Use

  Use

  Valuation

  Residential

  $687,475

  Hospitality

  $629,723

  Educational

  $523,922

  Medical

  $541,941

  Retail

  $814,990

Location Insight

City

Florence

County

Florence

State

South Carolina

Latitude

34.1976

Longitude

-79.7667

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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