Renovated Professional Office
1201 N Fant Street, Anderson, SC 29621
For Sale
New
$329,900
CommercialSale, Anderson, SC
Property Size1,467 SF
Lot Size0.27 Acres
Price / SF$224.88
Days on Market4
Property Features for 1201 N Fant Street
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Amenities
upgraded lighting
Cat 5 wiring
new HVAC system
laundry hookups
bathroom with bathtub
Building Details
Floors in Building
Buildings
Listing Agency:
Western Upstate Keller William · Keller Williams Realty
(864) 225-8006
Listed By:
David Locke · License SC #129564
(864) 940-0575
Added: Nov 10
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 20309243
Copyright © 2026 Western Upstate 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.
At 1201 N. Fant Street, this single-story office building contains approximately 1,467 square feet on a 0.27-acre parcel. Renovations brought together a building originally configured as a duplex in the 1960s. The interior includes reception space, two conference rooms or offices with French doors, two private offices, two break rooms, and two storage vestibules. Cat 5 wiring, upgraded lighting, replacement windows, and an HVAC system are among the improvements. Laundry hookups and a bathroom with a bathtub are also present.
The property fronts a four-lane corridor near AnMed Medical Center and nearby medical practices and professional offices. A nearby N. Fant Street segment recorded approximately 10,700 vehicles per day in 2024, according to SCDOT. Signage and property uses are subject to applicable approvals and requirements.
The property fronts a four-lane corridor near AnMed Medical Center and nearby medical practices and professional offices. A nearby N. Fant Street segment recorded approximately 10,700 vehicles per day in 2024, according to SCDOT. Signage and property uses are subject to applicable approvals and requirements.
Key Highlights
- Approximately 1,467 square feet on a 0.27‑acre lot
- Two private offices, two conference rooms or offices, and reception space
- Two break rooms and two storage vestibules
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,149
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,980
$483.0K
Cap Rate 7%
$344,986
$345.0K
Cap Rate 9%
$268,322
$268.3K
Market Conditions
NOI Build-Up for 1,467 SF
Gross rent
$37.7K $25.68/SF
− Vacancy
−$5.5K −$3.73/SF
EGI
$32.2K $21.95/SF
− OpEx
−$8.0K −$5.49/SF
NOI
$24.1K $16.46/SF
Area
Anderson County, SC
Vacancy
14.53%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,980
Cap Rate 7%
$344,986
Cap Rate 9%
$268,322
Alternative Uses
Best Use
Office B
$345.0K
$301.9K – $402.5K
NOI $24,149 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$877.1K
$767.5K – $1.02M
NOI $61,397 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
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Business Placement
Demographics for 29621, SC
44,601
Population
18,960
Households
2.4
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
87.1 sq mi
ZIP Area
512
Density / Sq Mi
$71,446
Median Household Income
$41,773
Median Earnings
$1,023
Median Rent
$252,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Anderson County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The single-story layout contains private offices, conference rooms, reception areas, break rooms, and storage space.
Where is this office building located?
The property is located at 1201 N Fant Street Anderson, SC.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Approximately 1,467 square feet on a 0.27‑acre lot; Two private offices, two conference rooms or offices, and reception space; Two break rooms and two storage vestibules
