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Downtown Wagener Commercial Space

108 Park Street NW Wagener, SC 29164

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Versatile commercial space in downtown Wagener, move-in ready.

Type:Office, Land, Retail
Property size:
2,750 SF
Price / SF:
$108/SF
Added:
Mar 12, 2026
Days on Market:
122
Last Refresh:
Jul 5 at 5:41 am

Property Features for 108 Park Street NW

General Information

Standard status
Active
Size
2,750 SF
Property subtype
Office, Land, Retail

Building Details

Year Built
1920

Listing office Coldwell Banker Best Life Realty

Listing date Mar 12, 2026

Source Crexi

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 Coldwell Banker Best Life Realty


Investment Insights

Based on property information with market context.

This commercial space is located in downtown Wagener, adjacent to a coffee and ice cream shop. The property features an open floor plan with a spacious rear area. A historic 'Bank of Wagener' vault with exposed brick serves as a focal point. The space includes soaring ceilings and a restroom. The property is move-in ready, with the option to tailor the space. There is an upstairs office loft that could be converted into a loft apartment with the addition of a shower, or another retail or office space. Formerly an art gallery, existing display installations can remain or be removed. The property has 2750 square feet of space and lends itself to a wide range of business concepts.

Key Highlights

  • Prime commercial location in the heart of Downtown Wagener, next to a popular coffee and ice cream shop.
  • Versatile open floor plan with spacious rear area, suitable for various business concepts.
  • Unique historic "Bank of Wagener" vault with exposed brick, creating a distinctive focal point.

Local Financial Insights For Retail

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 $39.6k $14.40
− Vacancy −$1.7k −$0.60
EGI $37.9k $13.80
− OpEx −$11.4k −$4.14
NOI $26.6k $9.66
2,750 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$379.4K
$332.0K – $442.6K (±1% cap)
NOI $26,556 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K (±1% cap)
NOI $37,105 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop Auto Repair Shop Veterinary Clinic Pet Grooming Service Grocery & Convenience Store Daycare Center Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Versatile commercial space in downtown Wagener, move-in ready.
Where is this retail space located?
The property is located at 108 Park Street NW Wagener, SC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Downtown Wagener, next to a popular coffee and ice cream shop.; Versatile open floor plan with spacious rear area, suitable for various business concepts.; Unique historic "Bank of Wagener" vault with exposed brick, creating a distinctive focal point.
Contact an agent
(803) 507-3295 Call to check price and availability
More about this property
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