Renovation-Needed Retail/Service
129 Hillview Dr Graniteville, SC 29829
129 Hillview Dr, Graniteville, SC, 29829
$75,000
For Sale
$75,000
Building requiring renovations offers space suited for restaurant or auto shop/workshop uses; buyer to verify zoning.
Property Size2,000 SF
Price / SF$37.50
Days on Market180
Property Features for 129 Hillview Dr
General Information
- Standard status
- Active
- Size
- 2,000 SF
Listing agency
Wisteria Properties, LLC
(803) 443-5027
Listed by
Alicia Martinez · License #SC 105368
(803) 443-5027
Source
Exprealty
Added: Jan 22 Updated: Jul 21 at 2:29PM Checked: Jul 21 at 2:29PM
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 Wisteria Properties, LLC
Investment Insights
Based on property information with market context.
For sale: a commercial building that requires renovations but provides a strong foundation for a new operation. The property is described as suitable for a range of commercial uses, including a restaurant, auto shop, workshop, or retail space, with the buyer to verify zoning and intended use.
The asset is located at 129 Hillview Dr in Graniteville, SC, and is listed at approximately 2,000 square feet. Ideal for buyers seeking a project and planning renovations, this property can be shaped to support a new tenant-ready layout based on the approved use and scope of work.
The asset is located at 129 Hillview Dr in Graniteville, SC, and is listed at approximately 2,000 square feet. Ideal for buyers seeking a project and planning renovations, this property can be shaped to support a new tenant-ready layout based on the approved use and scope of work.
Key Highlights
- Commercial building requiring renovations with space suited for restaurant or auto shop/workshop‑style uses
- Potential for a range of commercial uses, including restaurant, auto shop, workshop, or retail (buyer to verify zoning and intended use)
- Opportunity for investors or business owners seeking a renovation project to reposition the property
Local Financial Insights For Specialty Retail
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 | $8.2k | $4.08 |
| − Vacancy | −$443 | −$0.22 |
| EGI | $7.7k | $3.86 |
| − OpEx | −$1.9k | −$0.96 |
| NOI | $5.8k | $2.89 |
2,000 SF · lease $4.08/SF/yr · vacancy 5.43% · expense 25.00%
Alternative Uses
Best Use
Retail
$275.9K
$241.4K – $321.9K
NOI $19,313 @ 7.0% cap · market cap 25.75%
Second Best
Industrial
$130.2K
$113.9K – $151.9K
NOI $9,111 @ 7.0% cap · market cap 12.15%
Theoretical Best
Office A
$385.5K
$337.3K – $449.8K
NOI $26,986 @ 7.0% cap · market cap 35.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Building requiring renovations offers space suited for restaurant or auto shop/workshop uses; buyer to verify zoning.
Where is this retail space located?
The property is located at 129 Hillview Dr Graniteville, SC.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Commercial building requiring renovations with space suited for restaurant or auto shop/workshop‑style uses; Potential for a range of commercial uses, including restaurant, auto shop, workshop, or retail (buyer to verify zoning and intended use); Opportunity for investors or business owners seeking a renovation project to reposition the property
