Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Commercial Space For Sale Title is generated by Realmo AI

    109 W Calhoun Street, Anderson, SC 29621

    View on Map
    Claim this Listing
    For Sale
    $157,000

    2,500 sq ft commercial space in growing downtown Anderson.

    Type:Commercial/Industrial
    Property size:
    2,500 SF
    Price / SF:
    $62/SF
    Added:
    Mar 12, 2026
    Days on Market:
    79
    Last Refresh:
    Apr 6 at 2:53 am

    Property Features for 109 W Calhoun Street

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Michael Carithers

    Listing agent Michael Carithers License #5419

    Listing office Carithers Real Estate

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Carithers Real Estate

    HighLights

    • Prime location in rapidly growing downtown Anderson.
    • Brand‑new city‑installed parking lot and lighting with rear access.
    • 2,500 sq. ft. heated commercial space.
    • Walking distance to retail, restaurants, courthouse, and farmers market.
    • Steps away from a new 167‑unit apartment development with commercial parcels.
    • Suitable for a variety of business ventures (law office, retail, restaurant, etc.).

    Overview

    This 2,500 sq. ft. heated commercial space is located in downtown Anderson. The property is suitable for a law office, retail shop, restaurant, or other business ventures. It is within walking distance of local retail shops, restaurants, the courthouse, and the farmers market. A new 167-unit apartment development with commercial parcels along the front is located steps away. A new city-installed parking lot and lighting with rear access are included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bowen Legal Transcriptions Law Firm The Fickle Palate Restaurant C Street Tap ... Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6521
    Latitude
    34.5082

    Nearby Similar for Sale

    • $429,000

      Commercial Property Near Downtown Anderson

      Well-maintained flex building with office and warehouse space.
      3499 East River Street, Anderson, SC 29621
      View Details
    • $499,900

      Downtown Anderson Multi-Use Commercial Property

      Turnkey facility with convenience store, restaurant, bar, and event center.
      202-208 W Franklin Street, Anderson, SC 29624
      View Details
    • $825,000
      5,000 SF

      Highway Commercial Property Near Development

      1.14-acre parcel with 5,000 sq ft industrial building.
      4341 S Carolina 24, Anderson, SC 29626
      View Details
    • $3,900,000

      Retail Building on Miracle Mile

      Prime retail building with excellent visibility and accessibility in Anderson.
      110 Miracle Mile Drive, Anderson, SC 29621
      View Details
    • $2,200,000

      Commercial Plaza on North Main

      Prime commercial plaza with 12 shop and office spaces.
      2406, 2408, 2410 N Main Street, Anderson, SC 29621
      View Details
    • $435,000
      3,000 SF

      Anderson Commercial Property with Garage

      Commercial property with a home and a fully functional garage.
      609 Fair Street, Anderson, SC 29625
      View Details
    • $425,000

      Versatile Warehouse & Flex Space

      Warehouse facility ideal for owner-occupants or investors.
      109 Waybrook Drive, Anderson, SC 29624
      View Details
    • $499,000

      Prime Anderson Business Location

      Excellent visibility, move-in ready office space with parking.
      2006 N Main Street, Anderson, SC 29621
      View Details
    • $499,000

      Prime Office Space, Anderson SC

      Move-in ready office building with high visibility and ample parking.
      2006 N Main Street, Anderson, SC 29621
      View Details
    • $295,000
      2,160 SF

      Remodeled Duplex Ideal for Investors

      Newly remodeled duplex with new appliances and HVAC system.
      908 Linley Street, Anderson, SC 29625
      View Details
    • $925,000
      4,300 SF

      Versatile Property Near AnMed Hospital

      Versatile 4,300 SF property suitable for office or retail.
      1502 E Greenville St, Anderson, SC 29621
      View Details
    • $421,950

      High-Performing Anderson Quadplex For Sale

      Income-producing quadplex with recent upgrades and value-add potential.
      112 Tabitha Court, Anderson, SC 29625
      View Details

    FAQs

    What type of property is this?
    Office units - 2,500 sq ft commercial space in growing downtown Anderson.
    Where is this office units located?
    The property is located at 109 W Calhoun Street Anderson, SC.
    What is the asking price?
    The asking price for this property is $157,000.
    What are key features of this property?
    This property features: Prime location in rapidly growing downtown Anderson.; Brand‑new city‑installed parking lot and lighting with rear access.; 2,500 sq. ft. heated commercial space.
    (864) 224-7901
    We can help!
    Listing Contact
    Michael Carithers
    Real Estate License ID: 5419
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    109 W Calhoun Street, Anderson, SC 29621
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!