260 W Evans St Florence, SC 29501
A 16,000-square-foot historic office building with multiple suites, including a law firm and other tenants, plus over 100 parking spaces.
Property Features for 260 W Evans St
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 1.47 Acres
- Property subtype
- Other
Building Details
- Year Built
- 1939
Listing office Coldwell Banker McMillan and Associates
Listing date Jul 13, 2026
Source Commercialcafe
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Investment Insights
Based on property information with market context.
Set on 1.47 acres, the building is located in downtown Florence, SC at 260 W Evans St. The property also provides more than 100 parking spaces, an uncommon amenity for a downtown setting.
With its mix of meeting rooms, office areas, and common front-end reception/waiting space, the building’s interior layout supports professional office uses and similar operating environments.
Key Highlights
- Historic 16,000 sq ft office building built in 1939
- Current tenants include a law firm (13,759 sq ft), H&R Block (1,977 sq ft), and a hair studio (568 sq ft)
- Law firm space features 23 offices, 7 bathrooms, 8 boardrooms/meeting spaces, plus kitchen, library, and reception/waiting area
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.6k | $12.60 |
| − Vacancy | −$33.3k | −$2.08 |
| EGI | $168.3k | $10.52 |
| − OpEx | −$42.1k | −$2.63 |
| NOI | $126.3k | $7.89 |
