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    111 West Public Sq Laurens, SC 29360

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    For Sale
    $375,000

    Mixed-use property with retail and residential income potential.

    Property size:
    4,600 SF

    Property Features for 111 West Public Sq

    General Information

    Size
    4,600 SF

    Building Details

    Year built
    1922

    Source: Brett Mitchell Agent Brett Mitchell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Square Mixed-Use Investment

    Located on a hard corner within Laurens' Historic Square, this mixed-use property features two fully leased residential units above and approximately 2,300 sq ft of ground-floor retail space. The upstairs apartments generate approximately $18,600 annually with below-market rents, presenting an opportunity to renovate and re-rent at local market rates. The retail base has a renovated facade and offers further value-add potential. An adjacent alleyway with brick pavers and overhead string lights enhances curb appeal. The property is suitable for an investor seeking steady income or an owner-operator looking to offset costs with multiple rental income streams. The property's location in Laurens’ historic downtown square maximizes visibility and foot traffic. The two upstairs apartments, with two bedrooms and one bathroom in one unit and one bedroom and one bathroom in the other, bring in approximately $18,600 per year. The total property size is 4,600 sq ft.
    Location Intelligence

    Current Use by Public Records

    Picture This Frame ... Picture Frame Shop Artist's Co-Op Art Gallery Savvy Chic Furniture Store Law Office of Marcus ... Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurens
    County
    Laurens
    State
    South Carolina
    Longitude
    -82.0149721
    Latitude
    34.4993274

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential income potential.
    Where is this mixed-use property located?
    The property is located at 111 West Public Sq Laurens, SC.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Rare hard-corner location in Laurens' Historic Square offering high visibility and foot traffic.; - Mixed-use property with two fully leased apartments generating ±$18,600 annual income, plus ground-floor retail space.; - Significant value-add potential through renovation and re-renting of apartments at market rates.
    (864) 498-3664
    Request Owner's contact information
    111 West Public Sq Laurens, SC 29360
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    Laurens, SC 29360
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    Realmo Value Estimation

    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.

    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.

    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
    111 West Public Sq Laurens, SC 29360
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