Solid Brick Office Building with
For Sale
$675,000
107 Congress Street S, York, SC 29745
Versatile 1,800 SF downtown office with open lobby, multiple offices, kitchenette, restrooms, and an original bank vault.
Property Size1,800 SF
Price / SF$375
Days on Market89
Property Features for 107 Congress Street S
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Building Details
Year Built
1979
Buildings
1
Building Size
1,800 SF
Construction
brick
Listing Agency:
1 Source Property Management
(803) 250-1062
Listed By:
Christopher Newbern
Source:
Techrealtyllc
Added: May 4
Changed: Jul 30
Last Checked: Jul 30 at 12:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1 Source Property Management
Investment Insights
Based on property information with market context.
107 S. Congress St in downtown York, SC is a solid brick office building built in 1979 offering a flexible interior layout. The property features a large open lobby/reception area, multiple private offices, an original bank vault, a kitchenette, and private restrooms.
The building is positioned for strong local access to amenities and the York County Courthouse, supported by its prime downtown visibility.
Designed to support professional services, the space can accommodate office users such as law firms, insurance agencies, real estate offices, or counseling services. A closing deadline is stated as end of August.
The building is positioned for strong local access to amenities and the York County Courthouse, supported by its prime downtown visibility.
Designed to support professional services, the space can accommodate office users such as law firms, insurance agencies, real estate offices, or counseling services. A closing deadline is stated as end of August.
Key Highlights
- 1,800 SF solid brick office building built in 1979
- Large open lobby/reception area
- Multiple private offices
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 | $34.1k | $18.96 |
| − Vacancy | −$2.2k | −$1.19 |
| EGI | $32.0k | $17.77 |
| − OpEx | −$8.0k | −$4.44 |
| NOI | $24.0k | $13.32 |
1,800 SF · lease $18.96/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$342.6K
$299.8K – $399.7K
NOI $23,983 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$423.3K
$370.4K – $493.8K
NOI $29,630 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 29745, SC
32,602
Population
13,765
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
135.8 sq mi
ZIP Area
240
Density / Sq Mi
$75,665
Median Household Income
$42,676
Median Earnings
$961
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Versatile 1,800 SF downtown office with open lobby, multiple offices, kitchenette, restrooms, and an original bank vault.
Where is this office building located?
The property is located at 107 Congress Street S York, SC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 1,800 SF solid brick office building built in 1979; Large open lobby/reception area; Multiple private offices
