1901 Main StAnderson, SC 29621

Property Details for 1901 Main St

Year built

1930

Lot size

0.55 AC

Property size (Sq ft)

3,630 SF

Property type

Retail properties

Property subtype

Retail space

APN

122-11-01-007

APU

1221101007

Description

This exceptional retail property, located at 1901 N Main Street in Anderson, South Carolina, presents a unique investment opportunity. Built in 1940, this two-story building boasts a total of 3,630 square feet of space, ideally suited for a variety of retail uses, previously housing a clothier and pharmacy. The property features a single tenancy, offering a cohesive and easily managed space. The main level, encompassing 2,500 square feet, offers an open floor plan, providing maximum flexibility for tenant customization and efficient layout design. This adaptable space allows for seamless integration of various retail concepts. The upper level comprises two private offices and a restroom, providing additional functional space for administrative tasks or specialized retail operations. The building's location is a key advantage, situated at a signal-controlled intersection of Main Street and North Avenue, directly across from Ingles grocery store, ensuring high visibility and significant foot traffic. This prime mid-town Anderson location guarantees excellent exposure to a substantial customer base. The absence of elevators is noted. The property's historical character combined with its modern adaptability makes it an attractive proposition for discerning retail businesses seeking a prominent presence in a thriving South Carolina community. The zip code is 29621.

• CAP approach

  CAP return

  Valuation

  6%

  $1,365,149

  6.5%

  $1,260,138

  7%

  $1,170,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $753,122

  Geo Method

  $753,122

• Alternative Use

  Use

  Valuation

  Residential

  $1,062,973

  Hospitality

  $973,678

  Educational

  $810,088

  Medical

  $837,949

  Retail

  $1,260,138

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5212

Longitude

-82.6565

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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