1710 Main StCentral, SC 29630
- Retail properties
- 1,619 SF
Property Details for 1710 Main St
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size (Sq ft)
- 1,619 SF
- Zone code
- GENERAL COMMERCIAL DIST
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 4065-17-00-8048
- APU
- 406517008048
Description
This exceptional investment opportunity in Central, South Carolina, presents two buildings totaling approximately 9,025 square feet situated on a 1.3-acre lot. The property boasts a vacant, approximately 7,425 square-foot restaurant space with existing infrastructure, ready for immediate occupancy and customization. A second, approximately 1,600 square-foot building is currently leased and generates consistent income, with a lease extending through October 2029 and featuring a 3% annual rent increase. Located approximately three miles from Clemson University, this property benefits from high visibility and accessibility on Main Street and Heather Hill Drive, surrounded by university housing. The property includes ample parking with approximately 50 spaces and offers multiple points of ingress and egress. Built in 2005 and 1998 respectively, the buildings are classified as Class B and are zoned GC. The land value is $108.03 per square foot. The asking price for this dual-income property is $975,000. This is an ideal opportunity for owner-users or investors seeking a strong return in a thriving college town market. The property's strategic location and existing infrastructure make it an attractive proposition for a variety of commercial ventures.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $608,864
- 6.5%
- $562,028
- 7%
- $521,883
-
Comparable approach
- Method
- Valuation
- Relative Method
- $335,897
- Geo Method
- $335,897
-
Alternative Use
- Use
- Valuation
- Residential
- $474,092
- Hospitality
- $434,266
- Educational
- $361,304
- Medical
- $373,730
- Retail
- $562,028
Location Insight
- City
- Central
- County
- Pickens
- State
- South Carolina
- Latitude
- 34.7067
- Longitude
- -82.794
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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