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Commercial Office Building

160 Waterloo Street SW Aiken, SC 29801

160 Waterloo Street SW, Aiken, SC, 29801
$550,000
Pending
For Sale
Claim this Listing
$550,000
Pending

COMMERCIAL - Aiken, SC

Property Size2,595 SF
Lot Size0.27 Acres
AddedMay 29
Days on Market48
Last RefreshJul 15 at 7:06 pm

Property Features for 160 Waterloo Street SW

General Information

Property type
Commercial Sale
Property subtype
Office
Parking
24
Accessibility
Accessible Approach with Ramp
Standard status
Pending
APN
1041919007
Size
2,595 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Description
Lots A B Ram Medical Sub

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1972
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Frame
Roof type
Metal

Listing agent Tad D Barber License #2264

Listing office RE/MAX Tattersall Group 314 Richland Ave W, Aiken, SC

Listing date May 29, 2026

MLS# 223716

Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 160 Waterloo Street SW in Aiken, SC 29801, this commercial office building offers a professional setting with a functional layout. The space includes private offices, open work areas, and flexible room configurations that can support administrative, medical, or other professional services.

The building is positioned for convenient access to major local roadways and benefits from being in downtown Aiken, with nearby dining, retail, and government services. Ample on-site parking is available for employees and visitors.

With a total building size of 2,595 square feet on a 0.27-acre lot, the property is designed for adaptable occupancy and is well-suited to owner-users or tenants looking for a dependable office location.

Key Highlights

  • Commercial office building built in 1972 with block and frame construction
  • Functional office layout with private offices and open work areas plus flexible space
  • Metal roof, vinyl flooring, and heat pump cooling

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 $38.9k $15.00
− Vacancy −$3.2k −$1.25
EGI $35.7k $13.76
− OpEx −$8.9k −$3.44
NOI $26.8k $10.32
2,595 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$382.4K
$334.6K – $446.2K (±1% cap)
NOI $26,771 @ 7.0% cap · market cap 4.87%
Second Best
Healthcare Medical
$85.8K
$75.1K – $100.1K (±1% cap)
NOI $6,008 @ 7.0% cap · market cap 1.09%
Theoretical Best
Office A
$500.2K
$437.7K – $583.6K (±1% cap)
NOI $35,014 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

United Energy Workers ... Home Health Care Service Webb William A DDS Dental Office

Suggested Use

Building Supply Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Auto Parts Store Garden Center Storage Facility (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Office building with private offices and open work areas, plus ample on-site parking in downtown Aiken.
Where is this office building located?
The property is located at 160 Waterloo Street SW Aiken, SC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial office building built in 1972 with block and frame construction; Functional office layout with private offices and open work areas plus flexible space; Metal roof, vinyl flooring, and heat pump cooling
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