Office Building with Bank
New
For Sale
$635,000
107 Congress Street S, York, SC 29745
A multi-office layout includes reception space, a kitchenette, and private restrooms.
Property Size1,800 SF
Price / SF$352.78
Days on Market5
Property Features for 107 Congress Street S
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
open lobby/reception area
multiple private offices
original bank vault
kitchenette
private restrooms
Building Details
Year Built
1979
Buildings
1
Building Size
1,800 SF
Construction
brick
Listing Agency:
1 Source Property Management
Listed By:
Christopher Newbern
(803) 269-9823
Source:
Geoffcampbell
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 2:14PM
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
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Investment Insights
Based on property information with market context.
This 1,800-square-foot office building in York is constructed of brick and dates to 1979. The interior includes an open reception area, several private offices, a former bank vault, a kitchenette, and private restrooms. Its configuration supports professional office use, including law, insurance, real estate, and counseling services.
The property is at 107 Congress Street S in downtown York, with local amenities and the York County Courthouse nearby. The building retains a brick exterior and combines reception, office, and service areas within one freestanding office property.
The property is at 107 Congress Street S in downtown York, with local amenities and the York County Courthouse nearby. The building retains a brick exterior and combines reception, office, and service areas within one freestanding office property.
Key Highlights
- 1,800 SF brick office building, built in 1979
- Open reception area with multiple private offices
- Original bank vault, kitchenette, and private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,983
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,660
$479.7K
Cap Rate 7%
$342,614
$342.6K
Cap Rate 9%
$266,478
$266.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$34.1K $18.96/SF
− Vacancy
−$2.2K −$1.19/SF
EGI
$32.0K $17.77/SF
− OpEx
−$8.0K −$4.44/SF
NOI
$24.0K $13.32/SF
Area
York County, SC
Vacancy
6.30%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,660
Cap Rate 7%
$342,614
Cap Rate 9%
$266,478
Alternative Uses
Best Use
Office B
$342.6K
$299.8K – $399.7K
NOI $23,983 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$423.3K
$370.4K – $493.8K
NOI $29,630 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
474
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A multi-office layout includes reception space, a kitchenette, and private restrooms.
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 $635,000.
What are key features of this property?
This property features: 1,800 SF brick office building, built in 1979; Open reception area with multiple private offices; Original bank vault, kitchenette, and private restrooms
