Mixed-Use Property with
New
For Sale
Contact for pricing
117 Highway 20, Pelzer, SC 29669
A full kitchen and half bath are already in place for a commercial operation.
Property Size1,812 SF
Days on Market6
Property Features for 117 Highway 20
General Information
Standard status
Active
Size
1,812 SF
Property subtype
Mixed Use
Amenities
full kitchen
half bath
Acres: 1.23, Area: 1.23, Square Feet: 53578.8
Roof: Composition
Sewer: Septic Tank
Tax Annual Amount: $0
Flooring: Carpet, Linoleum
Cooling Included, Cooling: Office Air, Electric, Forced Air
Heating Included, Heating: Natural Gas
Contract Status Change Date: 2026-10-28, Listing Terms: None, Standard Status: Active
Parking Features: Unassigned
Building Area Total: 1812, Construction Materials: Brick
City: Pelzer, County Or Parish: Anderson, MLS Area Major: 052, Postal Code: 29669, State Or Province: SC
Number Of Buildings: 1, Parcel Number: 2430007007, Property Condition: Unknown, Property Sub Type: Mixed Use, Road Frontage Type: Highway, Topography: Level
1 total bathroom
Rent Includes: None, Water Source: Public
Building Details
Building Size
1,812 SF
Listing Agency:
Southern Realtor Associates
(864) 295-0515
Listed By:
Sonya M Edwards
(864) 517-0518
Source:
Blackstreaminternational
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 5:01AM
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 Southern Realtor Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes a full kitchen and a half bath on a lot measuring more than 1 acre. The existing kitchen and restroom provide useful functional space, while the property’s configuration can accommodate a range of commercial concepts, subject to any required owner approvals for proposed improvements.
The property is at 117 Highway 20 in Pelzer, South Carolina. The owner is open to considering improvements, with approval required and rental terms adjusted based on the work.
The property is at 117 Highway 20 in Pelzer, South Carolina. The owner is open to considering improvements, with approval required and rental terms adjusted based on the work.
Key Highlights
- Lot spans more than 1 acre
- Full kitchen on site
- Half bath included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,627
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,540
$452.5K
Cap Rate 7%
$323,243
$323.2K
Cap Rate 9%
$251,411
$251.4K
Market Conditions
NOI Build-Up for 1,812 SF
Gross rent
$39.1K $21.60/SF
− Vacancy
−$2.9K −$1.62/SF
EGI
$36.2K $19.98/SF
− OpEx
−$13.6K −$7.49/SF
NOI
$22.6K $12.49/SF
Area
Anderson County, SC
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,540
Cap Rate 7%
$323,243
Cap Rate 9%
$251,411
Alternative Uses
Best Use
Retail
$524.0K
$458.5K – $611.4K
NOI $36,682 @ 7.0% cap · market cap 2,037.89%
Second Best
Specialty Retail
$336.9K
$294.8K – $393.0K
NOI $23,581 @ 7.0% cap · market cap 1,310.06%
Theoretical Best
Multifamily LT 5
$19.62M
$17.17M – $22.89M
NOI $1,373,320 @ 7.0% cap · market cap 76,295.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Shops & Services 44%
Food Lion Grocery Store
Groceries
28,869 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,332 visits/mo
0.0 miles
Dollar General
Shops & Services
7,044 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,326 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
2,776 visits/mo
0.1 miles
Demographics for 29669, SC
13,839
Population
5,928
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
61.7 sq mi
ZIP Area
224
Density / Sq Mi
$65,603
Median Household Income
$39,098
Median Earnings
$831
Median Rent
$190,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A full kitchen and half bath are already in place for a commercial operation.
Where is this mixed-use property located?
The property is located at 117 Highway 20 Pelzer, SC.
What are key features of this property?
This property features: Lot spans more than 1 acre; Full kitchen on site; Half bath included
