802 Evans StFlorence, SC 29501

Property Details for 802 Evans St

Year built

1938

Lot size

0.18 AC

Property size (Sq ft)

1,550 SF

Zone code

B1

Property type

Office properties

Property subtype

Office buildings

APN

90061-14-013

APU

9006114013

Description

This 1,550 square foot, single-tenant office building in downtown Florence, South Carolina is available for lease beginning February 1, 2025. Built in 1938 and situated on a 0.18-acre lot, this renovated property offers a desirable blend of classic charm and modern functionality. The building features a welcoming reception area, a dedicated conference room perfect for meetings and presentations, a convenient break/storage room, and five private offices providing ample space for individual work or team collaboration. Two bathrooms ensure convenient access for occupants and guests. The property boasts ample parking with 5+ spaces, a significant advantage in a high-traffic area. Utilities and lawn maintenance are the responsibility of the lessee. The space is currently unfurnished, however, the inclusion of furnishings is negotiable within the lease terms. The preferred lease term is two years. The building is zoned for commercial use and is served by Duke Energy Progress. This one-story building offers a unique opportunity for businesses seeking a well-maintained, centrally located office space in the thriving downtown Florence commercial district. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $234,280

  6.5%

  $216,258

  7%

  $200,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $99,102

  Geo Method

  $262,477

• Alternative Use

  Use

  Valuation

  Residential

  $268,160

  Hospitality

  $245,633

  Educational

  $204,364

  Medical

  $211,393

  Retail

  $317,900

Location Insight

City

Florence

County

Florence

State

South Carolina

Latitude

34.1963

Longitude

-79.7806

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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