Mixed-Use Property with Event
New
For Sale
$1,200,000
130 Elizabeth Lane N, Rock Hill, SC 29730
A commercial kitchen, office areas, and flexible gathering rooms serve a range of potential business operations.
Property Size6,888 SF
Lot Size0.56 Acres
Price / SF$174.22
Days on Market7
Property Features for 130 Elizabeth Lane N
General Information
Standard status
Active
Size
6,888 SF
Lot size
0.56 Acres
Property subtype
Commercial
Zoning
DTWN
Building Details
Year Built
1957
Stories
2
Listing Agency:
Carolina Homes Connection, LLC
Listed By:
Haley Walker
(774) 392-1337
Source:
Geoffcampbell
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:14PM
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 Carolina Homes Connection, LLC
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Investment Insights
Based on property information with market context.
This 6,888 SF mixed-use property has a two-level layout with an open event area, several office spaces, a commercial kitchen, and a separate room suited to dining, food preparation, or gatherings. Multiple bathrooms serve the building, which was constructed in 1957.
The property consists of two parcels totaling approximately 0.56 acres. On-site parking and additional green space are included. Zoning is DTWN, the Downtown district; buyers should verify permitted uses.
The property consists of two parcels totaling approximately 0.56 acres. On-site parking and additional green space are included. Zoning is DTWN, the Downtown district; buyers should verify permitted uses.
Key Highlights
- 6,888 SF building with a two‑level layout
- Open event area, multiple offices, and commercial kitchen
- Separate room for dining, food preparation, or gatherings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,099
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,980
$1.2M
Cap Rate 7%
$844,271
$844.3K
Cap Rate 9%
$656,656
$656.7K
Market Conditions
NOI Build-Up for 6,888 SF
Gross rent
$107.5K $15.60/SF
− Vacancy
−$12.9K −$1.87/SF
EGI
$94.6K $13.73/SF
− OpEx
−$35.5K −$5.15/SF
NOI
$59.1K $8.58/SF
Area
York County, SC
Vacancy
12.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,980
Cap Rate 7%
$844,271
Cap Rate 9%
$656,656
Alternative Uses
Best Use
Mixed Use
$844.3K
$738.7K – $985.0K
NOI $59,099 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,385 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
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Business Placement
Demographics for 29730, SC
57,325
Population
26,209
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
89%
High-School Grad
119.4 sq mi
ZIP Area
480
Density / Sq Mi
$63,122
Median Household Income
$39,484
Median Earnings
$1,234
Median Rent
$239,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial kitchen, office areas, and flexible gathering rooms serve a range of potential business operations.
Where is this mixed-use property located?
The property is located at 130 Elizabeth Lane N Rock Hill, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,888 SF building with a two‑level layout; Open event area, multiple offices, and commercial kitchen; Separate room for dining, food preparation, or gatherings
