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230 E Main Street, Walhalla, SC, 29691
Bay-Window Retail and Office Building

230 E Main Street Walhalla, SC 29691

For Sale
$475,000

SINGLE_FAMILY - Walhalla, SC

Property Size2,200 SF
Lot Size0.12 Acres
Price / SF$215.91
Days on Market108

Property Features for 230 E Main Street

General Information

Property type
Residential
Property subtype
Retail
Standard status
Active
APN
500-19-04-011
Lot size
0.12 Acres

Building Details

Year built
1925
Flooring type
Hardwood
Roof type
Metal
Listing Agency: Clardy Real Estate - W Union
Listed By: Holly Douglas · License #88953
Added: Apr 10 Changed: Jun 16 Last Checked: Jul 26 at 4:06AM
MLS# 20299602

Copyright © 2026 Western Upstate 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.

This distinctive storefront property offers an open layout that can be kept as-is or divided to fit different uses. The interior includes a catering kitchen with a storage closet, and front bay windows suited for displays of inventory or advertisements. A notable preserved Bull Durham tobacco advertisement has been carefully maintained after being discovered behind plaster during prior renovations, adding a unique character that carries through the space.

Access is provided off a covered back deck with draperies for privacy through double glass doors. From the deck, you reach a small parking area, and the city parking lot is described as being just down the alley. The property has previously hosted separate men’s and women’s bathrooms with two stalls each; the current owner renovated the men’s bathroom into a barbershop, while the plumbing remains in place, allowing it to be converted back into a two-stall men’s room.

For tenants, buyers, or operators, the building’s combination of retail presentation, office flexibility, and attached outdoor space supports a range of programming—from professional services to event-oriented use. The seller is also indicating that nearby green space is available for sale, which may help expand outdoor considerations for the right concept.

Key Highlights

  • Iconic space, previously retail, event venue, and office.
  • Preserved Bull Durham tobacco advertisement.
  • Flexible 2200+ sqft open floor plan.

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 $44.1k $20.04
− Vacancy −$6.6k −$3.01
EGI $37.5k $17.03
− OpEx −$9.4k −$4.26
NOI $28.1k $12.78
2,200 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,106 @ 7.0% cap · market cap 5.92%
Second Best
Retail
$381.7K
$334.0K – $445.4K (±1% cap)
NOI $26,722 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$552.3K
$483.2K – $644.3K (±1% cap)
NOI $38,658 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom Dental Office Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop HVAC Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • McClain’s Custom Silk Floral Designs and Gifts — 311-A E Main St, Walhalla, SC 29691

FAQs

What type of property is this?
Storefront property - Versatile storefront layout with bay windows, catering kitchen, and a covered back deck with nearby parking access.
Where is this storefront property located?
The property is located at 230 E Main Street Walhalla, SC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Iconic space, previously retail, event venue, and office.; Preserved Bull Durham tobacco advertisement.; Flexible 2200+ sqft open floor plan.
More about this property
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