Commercial Office
160 Waterloo Street SW Aiken, SC 29801
For Sale
$550,000
Pending
COMMERCIAL - Aiken, SC
Property Size2,595 SF
Lot Size0.27 Acres
Days on Market59
Property Features for 160 Waterloo Street SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 24
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- APN
- 1041919007
- Size
- 2,595 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- Lots A B Ram Medical Sub
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Block, Frame
- Roof type
- Metal
Listing Agency:
RE/MAX Tattersall Group
(803) 226-0036
Listed By:
Tad D Barber · License #2264
(803) 439-6559
Added: May 29
Changed: Jul 14
Last Checked: Jul 26 at 8:06PM
MLS# 223716
Copyright © 2026 Aiken 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.
Investment Insights
Based on property information with market context.
Located at 160 Waterloo Street SW in Aiken, SC 29801, this commercial office building offers a professional setting with a functional layout. The space includes private offices, open work areas, and flexible room configurations that can support administrative, medical, or other professional services.
The building is positioned for convenient access to major local roadways and benefits from being in downtown Aiken, with nearby dining, retail, and government services. Ample on-site parking is available for employees and visitors.
With a total building size of 2,595 square feet on a 0.27-acre lot, the property is designed for adaptable occupancy and is well-suited to owner-users or tenants looking for a dependable office location.
The building is positioned for convenient access to major local roadways and benefits from being in downtown Aiken, with nearby dining, retail, and government services. Ample on-site parking is available for employees and visitors.
With a total building size of 2,595 square feet on a 0.27-acre lot, the property is designed for adaptable occupancy and is well-suited to owner-users or tenants looking for a dependable office location.
Key Highlights
- Commercial office building built in 1972 with block and frame construction
- Functional office layout with private offices and open work areas plus flexible space
- Metal roof, vinyl flooring, and heat pump cooling
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 | $38.9k | $15.00 |
| − Vacancy | −$3.2k | −$1.25 |
| EGI | $35.7k | $13.76 |
| − OpEx | −$8.9k | −$3.44 |
| NOI | $26.8k | $10.32 |
2,595 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$382.4K
$334.6K – $446.2K
NOI $26,771 @ 7.0% cap · market cap 4.87%
Second Best
Healthcare Medical
$85.8K
$75.1K – $100.1K
NOI $6,008 @ 7.0% cap · market cap 1.09%
Theoretical Best
Office A
$500.2K
$437.7K – $583.6K
NOI $35,014 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
United Energy Workers ...
Home Health Care Service
Webb William A DDS
Dental Office
FAQs
What type of property is this?
Office building - Office building with private offices and open work areas, plus ample on-site parking in downtown Aiken.
Where is this office building located?
The property is located at 160 Waterloo Street SW Aiken, SC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial office building built in 1972 with block and frame construction; Functional office layout with private offices and open work areas plus flexible space; Metal roof, vinyl flooring, and heat pump cooling
