1504 E Rutherford Street, Landrum, SC 29356
- Added:
- Jun 3, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 5 at 3:06 am
Property Features for 1504 E Rutherford Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1-08-03-002.00
- Lot size
- 1.59 Acres
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Flooring type
- Tile, Wood, Linoleum
- Building materials
- Brick
- Roof type
- Aluminum
Listing agent Michelle Manion License #103073 (864) 804-7054
Listing office Keller Williams Realty Spartanburg, SC (864) 574-6000
Listing date Jun 3, 2026
Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑bedroom, 2.5‑bath brick ranch with approx. 1,875 SF of living space and a full unfinished basement
- Set on 1.59 acres with road frontage on both E Rutherford St and Kirby St
- Zoned C‑2, offering options for residential, office, business, investment, or mixed‑use uses
- Full unfinished basement provides space for storage, a workshop, expansion, or future finishing
- Brand‑new HVAC system to be installed prior to closing; home includes fenced backyard
- Public water connected; public sewer available (currently serviced by septic). Sold as‑is
Overview
Located in the heart of downtown Landrum, the site has road frontage on both E Rutherford Street and Kirby Street. The zoning is C-2, which can support a range of residential, office, business, and mixed-use possibilities depending on how a buyer intends to use the space. Public water is connected, and public sewer is available, though the home is currently serviced by septic.
With its combination of downtown positioning, multi-street frontage, and an unfinished basement, this property can fit buyers looking for a home with additional functional space, a live/work style setup, or an adaptable site for business and other C-2 uses. The two street frontages and available public utilities make it a practical candidate for tenants, owner-occupants, or investors evaluating mixed-use flexibility.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $24.12 |
| − Vacancy | −$6.6k | −$3.51 |
| EGI | $38.6k | $20.61 |
| − OpEx | −$9.7k | −$5.15 |
| NOI | $29.0k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Landrum
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -82.170708
- Latitude
- 35.178619
