1710 Main StCentral, SC 29630

  • Retail properties
  • 1,619 SF
For Sale
$975,000 View listing

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
1710 Main St, Central, South Carolina

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

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
$11,552
$15,000
$68,620
$83,620
-
$250,000
$1,143,800
$1,393,800

FAQs

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