1722 Main StAnderson, SC 29621

  • Retail properties
  • 3,127 SF
For Sale
$1,199,000 View listing

Property Details for 1722 Main St

Year built
1940
Lot size
0.78 AC
Property size (Sq ft)
3,127 SF
Property type
Retail properties
Property subtype
Banks
APN
123-27-01-010
APU
1232701010

Description

This exceptional Class A office building, located at 1722 N Main St in Anderson, South Carolina, presents a unique investment opportunity. The single-tenant property boasts 3,127 square feet of meticulously maintained space, ideal for a variety of office users. Built in 1940, this one-story structure is situated on a highly visible corner lot in Anderson County, offering excellent exposure and accessibility. The property's traditional office layout provides a functional and efficient workspace. Its prime location near downtown Anderson ensures convenient access to amenities and a thriving business community. The building's single-tenant occupancy simplifies management and provides a stable income stream for potential investors. This turnkey solution requires minimal upfront investment, allowing for immediate occupancy and operation. The property's 3,127 square feet offer ample space for various office configurations, catering to diverse business needs. With its strategic location, functional design, and excellent condition, this property represents a compelling investment opportunity in a desirable South Carolina market. The zip code is 29621. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,175,984
    6.5%
    $1,085,523
    7%
    $1,007,986
  • Comparable approach

    Method
    Valuation
    Relative Method
    $648,764
    Geo Method
    $648,764
  • Alternative Use

    Use
    Valuation
    Residential
    $915,680
    Hospitality
    $838,758
    Educational
    $697,836
    Medical
    $721,836
    Retail
    $1,085,523
1722 Main St, Anderson, South Carolina

Location Insight

City
Anderson
County
Anderson
State
South Carolina
Latitude
34.52
Longitude
-82.6551
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, 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
$13,212
$21,950
$10,550
$32,500
-
-
-
$541,740

FAQs

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