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    Historic McCrory Building For Sale Title is generated by Realmo AI

    135 E Main St, Rock Hill, SC 29730

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    Historic Rock Hill building on US Civil Rights Trail.

    Type:OFFICE
    Property size:
    23,396 SF
    Price / SF:
    $147/SF
    Added:
    Apr 16, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 16 at 8:53 pm

    Property Features for 135 E Main St

    General Information

    Standard status
    Active
    Size
    23,396 SF
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Charlie Swanson
    Charlie Swanson

    Listing agent Charlie Swanson License #175197

    Listing office Park Commercial Real Estate

    Listing date Apr 16, 2026

    Source Moodyscre

    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 Park Commercial Real Estate

    HighLights

    • Located on the US Civil Rights Trail in the Historic McCrory Building, offering significant historical value.
    • First floor is fully leased for the next 7 years to Kounter Restaurant, Bar and Events Hall, providing immediate rental income.
    • Extensive updates have been made to the building in the last 3 years, including roof, HVAC, and common areas.
    • Located in the heart of downtown Rock Hill.
    • The Friendship Nine counter is preserved within the restaurant, serving as a unique focal point.
    • Opportunity for a larger office user to occupy the 2nd floor in 2026 or 2027 due to short‑term leases.

    Overview

    The historic McCrory Building, recognized on the US Civil Rights Trail, is available for purchase in downtown Rock Hill. Extensive updates, including to the roof, HVAC, and common areas, have been completed within the last three years. The first floor is fully leased to Kounter Restaurant, Bar and Events Hall for the next seven years. The Friendship Nine counter is preserved within the restaurant. The second floor is leased to several small office tenants, with one vacancy at the front of the building. Second floor lease terms are short term, allowing for a larger office user to occupy the floor later in 2026 or 2027. The property has a total size of 23396 square feet. An office user is looking to purchase a building in the heart of Rock Hill.
    Location Intelligence

    Current Use by Public Records

    The Gathering Space Hotel & Motel Kounter Restaurant Wanderlust Counseling Services Counselor Barboza Law Law Firm Football City Custom ... Construction Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rock Hill
    County
    York
    State
    South Carolina
    Longitude
    -81.0266693
    Latitude
    34.9256463

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    FAQs

    What type of property is this?
    Office building - Historic Rock Hill building on US Civil Rights Trail.
    Where is this office building located?
    The property is located at 135 E Main St Rock Hill, SC.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: Located on the US Civil Rights Trail in the Historic McCrory Building, offering significant historical value.; First floor is fully leased for the next 7 years to Kounter Restaurant, Bar and Events Hall, providing immediate rental income.; Extensive updates have been made to the building in the last 3 years, including roof, HVAC, and common areas.
    (704) 218-9204 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charlie Swanson
    Charlie Swanson
    Real Estate License ID: 175197
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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