111 West Public Sq Laurens, SC 29360
Reedy River Retail at SVN | Palmetto is pleased to present a rare investment opportunity on a hard corner within Laurens' Historic Square! This classic all‑brick, mixed‑use property features two fully leased residential units above and ±2,300 sq ft of ground‑floor retail space. The upstairs apartments generate ±$18,600 annually with below‑market rents and clear upside to renovate and re‑rent at local market rates. The retail base has already received a tasteful renovation and new facade, yet still offers further value-add potential. Adjacent, a charming alleyway with brick pavers and overhead string lights enhances curb appeal and transforms this into a true beauty at night. Perfect for an investor seeking steady income or an owner-operator looking to offset costs with multiple rental income streams. Mixed‑use income property: Two occupied upstairs apartments(2/1 & 1/1) bringing in ±$18,600/year plus a retail storefront ±2,300 sq ft) on the main floor. Value‑add upside: Rents are well below market ideal for a future bump through remodeling or modernization. Hard‑corner location: Exceptionally rare in Laurens’ historic downtown square maximizing visibility and foot traffic. Enchanting ambiance: Adjacent alleyway with brick pavers and string lights offers unique charm and allure after dark. Renovated retail facade: Beautiful upgrades already in place with additional improvements welcomed to elevate value further.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.