Former Bank Office
1356 Filbert Hwy York, SC 29745
For Sale
Contact for pricing
Sound masonry building with a new 2024 metal roof and a retained vault and door.
Property Size2,474 SF
Price / SF$444.62
Days on Market46
Property Features for 1356 Filbert Hwy
General Information
Standard status
Active
Size
2,474 SF
Property subtype
OFFICE
Listing Agency:
Reid Real Estate
(803) 417-7516
Listed By:
William Reid Smith
(803) 417-7516
Source:
Moodyscre
Added: Jun 15
Changed: Jul 28
Last Checked: Jul 29 at 3:34PM
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 Reid Real Estate
Investment Insights
Based on property information with market context.
This very sound masonry office building was formerly a bank and includes the original vault and door, which remain in place. A new metal roof was installed in 2024, supporting continued exterior durability.
The property is presented for office-oriented uses and is described as well suited for medical, dental, office, or pharmacy space.
The existing building configuration and improvements make it a practical fit for tenants or buyers seeking office and healthcare-adjacent space with durable construction and preserved interior security features.
The property is presented for office-oriented uses and is described as well suited for medical, dental, office, or pharmacy space.
The existing building configuration and improvements make it a practical fit for tenants or buyers seeking office and healthcare-adjacent space with durable construction and preserved interior security features.
Key Highlights
- Sound masonry building
- New metal roof installed in 2024
- Former bank building with vault and vault door retained
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 | $46.9k | $18.96 |
| − Vacancy | −$3.0k | −$1.19 |
| EGI | $44.0k | $17.77 |
| − OpEx | −$11.0k | −$4.44 |
| NOI | $33.0k | $13.32 |
2,474 SF · lease $18.96/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$470.9K
$412.1K – $549.4K
NOI $32,964 @ 7.0% cap · market cap 3.00%
Second Best
Healthcare Medical
$380.3K
$332.8K – $443.7K
NOI $26,624 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$581.8K
$509.1K – $678.8K
NOI $40,725 @ 7.0% cap · market cap 3.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Sound masonry building with a new 2024 metal roof and a retained vault and door.
Where is this office building located?
The property is located at 1356 Filbert Hwy York, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Sound masonry building; New metal roof installed in 2024; Former bank building with vault and vault door retained
