236 Evans StFlorence, SC 29501

  • Office properties
  • 1,998 SF
For Lease
$9.61/SF/YR View listing

Property Details for 236 Evans St

Year built
1938
Lot size
0.17 AC
Property size (Sq ft)
1,998 SF
Zone code
B4
Property type
Office properties
Property subtype
Office buildings
APN
90168-01-014
APU
9016801014

Description

This exceptional 1,998-square-foot creative office space is ideally situated in Florence's vibrant Central Business District. The single-tenant building, constructed in 1935, boasts a desirable Class C rating and features a spacious open floor plan perfect for a variety of uses. The layout includes a private office, two restrooms, a break room, and a dedicated storage area. Ample parking is provided with four reserved spaces at the rear of the building, supplemented by readily available public street parking in front. The high ceilings, measuring 9+ feet, contribute to a bright and airy atmosphere. The property's zoning designation is Central Business District, offering flexibility for various business types, including office, retail, or even a cafe or coffee shop. The City of Florence offers an attractive incentive program for qualifying downtown businesses, providing upfit grants of up to $30,000. This is a unique opportunity to establish a presence in a thriving downtown location with significant potential for growth and development. The building is equipped with electric power and does not include an elevator. The property consists of a single, one-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $328,747
    6.5%
    $303,459
    7%
    $281,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $144,053
    Geo Method
    $338,341
  • Alternative Use

    Use
    Valuation
    Residential
    $376,289
    Hospitality
    $344,679
    Educational
    $286,768
    Medical
    $296,631
    Retail
    $446,084
236 Evans St, Florence, South Carolina

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.1967
Longitude
-79.7691
CBSA code
22500
CBSA name
FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,409
$1,203
$1,431
$2,634
-
$30,084
$35,782
$65,866

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