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    423 N Limestone St Gaffney, SC 29340

    For Sale
    $515,000

    Commercial Sale - Gaffney, SC

    Property size:
    7,425 SF
    Days on Market:
    40
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 423 N Limestone St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CI
    APN
    099-00-00-067.000
    Exterior features
    Roof Sign, Sidewalks
    Size
    7,425 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2010
    Floors in Building
    3
    Building materials
    Stucco
    Roof type
    Shingle
    Architectural style
    Other

    mathers and associates realty, inc (704) 756-0046 [email protected]

    Listing agent Rusty Poole (864) 206-4126

    Listing date Nov 4, 2025

    MLS# 33269 Listing URL

    Copyright © 2025 Cherokee County Board 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.

    Overview

    Downtown Gaffney Historical Building

    Located on a prime corner in the central downtown business district of Gaffney, South Carolina, this three-story historical building offers 7425 square feet of space. Situated at the intersection of Limestone Street, the main thoroughfare, and Frederick Street (Highway 18), the property, formerly known as the Cherokee Chronical and the old Bank of Gaffney, features three vaults. The building presents a possible conversion opportunity for apartments, condos, or office spaces. It benefits from street parking and additional parking on Wall Street, located behind the building. The property's openness and size offer flexibility for various uses. It may be eligible for grants aimed at improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cherokee Chronicle Newspaper Publisher

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.652275
    Latitude
    35.06896

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      Downtown Gaffney Commercial Conversion Opportunity

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    FAQs

    What type of property is this?
    Office building - Three-story, 7425 SF historical building in downtown Gaffney, SC.
    Where is this office building located?
    The property is located at 423 N Limestone St Gaffney, SC.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Prime corner location on Limestone (main street) & Frederick (Hwy 18) in central downtown business district.; - 7425 sq ft historical building (Cherokee Chronical, old Bank of Gaffney) with 3 vaults.; - Possible conversion opportunity for apartments, condo, or office spaces.
    (864) 206-4126
    Request Owner's contact information
    423 N Limestone St Gaffney, SC 29340
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    Gaffney, SC 29340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    423 N Limestone St Gaffney, SC 29340
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