Historic Two-Story Mixed-Use
For Sale
$299,950
108 Park Street NW, Wagener, SC 29164
Commercial Sale, Wagener, SC
Property Size2,750 SF
Lot Size0.03 Acres
Price / SF$109.07
Days on Market94
Property Features for 108 Park Street NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Window features
Window Coverings
Interior features
Wet Bar, Cathedral Ceiling(s), Ceiling Fan(s)
Lot features
Level, Level
Directions
From Aiken, take Hwy 302. You will then turn onto Camp Rawls Road that will go into downtown Wagner. Turn left onto Park Street. The property will be immediately on the right.
Subdivision
NE
Standard status
Active
APN
2722009003
Size
2,750 SF
Lot size
0.03 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
Lot North Of Pickens
Legal Description
Lot North Of Pickens
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
Remodeled interior
Updated bathrooms on both levels
Kitchen cabinetry installed upstairs for future residential use
Separate entrances
Ample street-side parking
Building Details
Year built
1920
Floors in Building
2
Flooring type
Carpet, Wood
Building materials
Brick Veneer
Buildings
1
Listing Agency:
Starnes Realty Inc
(803) 634-3479
Listed By:
Brian Katonak · License #127406
(803) 221-5945
Added: Aug 3
Changed: Oct 31
Last Checked: Nov 4 at 12:06AM
MLS# 224787
Copyright © 2026 Aiken Association 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.
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Investment Insights
Based on property information with market context.
Built in 1920, this two-story mixed-use property occupies a historic former bank building in downtown Wagener. The interior has been remodeled while retaining the building’s historic identity, with bathrooms serving both floors and separate entrances supporting flexible occupancy. The upper level includes kitchen cabinetry and may accommodate residential use alongside commercial space below.
Located at 108 Park Street NW, the property is positioned within Wagener’s downtown business district and offers street-side parking for customers, clients, or residents. Brick veneer construction, wood and carpet flooring, heat pump heating, central air, and public water are among the existing physical features. The layout can support retail, office, professional-service, or live-work applications as described in the property information.
Located at 108 Park Street NW, the property is positioned within Wagener’s downtown business district and offers street-side parking for customers, clients, or residents. Brick veneer construction, wood and carpet flooring, heat pump heating, central air, and public water are among the existing physical features. The layout can support retail, office, professional-service, or live-work applications as described in the property information.
Key Highlights
- Historic former Bank of Wagener building constructed in 1920
- Two‑story layout with separate entrances for flexible occupancy
- Remodeled interior with bathrooms on both floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,556
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,120
$531.1K
Cap Rate 7%
$379,371
$379.4K
Cap Rate 9%
$295,067
$295.1K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$39.6K $14.40/SF
− Vacancy
−$1.7K −$0.60/SF
EGI
$37.9K $13.80/SF
− OpEx
−$11.4K −$4.14/SF
NOI
$26.6K $9.66/SF
Area
Aiken County, SC
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,120
Cap Rate 7%
$379,371
Cap Rate 9%
$295,067
Alternative Uses
Best Use
Office B
$405.3K
$354.6K – $472.8K
NOI $28,370 @ 7.0% cap · market cap 9.46%
Second Best
Retail
$379.4K
$332.0K – $442.6K
NOI $26,556 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,105 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
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Business Placement
Demographics for 29164, SC
4,253
Population
2,226
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
89%
High-School Grad
107.2 sq mi
ZIP Area
40
Density / Sq Mi
$45,755
Median Household Income
$33,191
Median Earnings
$786
Median Rent
$186,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled interior with separate entrances and updated bathrooms on both levels.
Where is this mixed-use property located?
The property is located at 108 Park Street NW Wagener, SC.
What is the asking price?
The asking price for this property is $299,950.
What are key features of this property?
This property features: Historic former Bank of Wagener building constructed in 1920; Two‑story layout with separate entrances for flexible occupancy; Remodeled interior with bathrooms on both floors
