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Multi-Tenant Investment Opportunity
For Sale
$475,000

1649 East Main Street, Easley, SC 29640

6,250 SF multi-tenant investment opportunity in Easley, SC.

Property Size6,250 SF
Price / SF$76
Days on Market215

Property Features for 1649 East Main Street

General Information

Standard status Active
Size 6,250 SF
Class B
Property subtype Office

Building Details

Building Size 6,250 SF
Listed By: John Wright Jr., CCIM
Source: Mccoywright
Added: Mar 5 Changed: Sep 11 Last Checked: Oct 5 at 4:20PM

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 John Wright Jr., CCIM

Investment Insights

Based on property information with market context.

This 6,250 square foot multi-tenant property is located on Calhoun Memorial Highway in Easley, South Carolina. It represents an investment opportunity.

Key Highlights

  • 6,250 SF multi tenant investment opportunity
  • Located on Calhoun Memorial Highway
  • Easley, SC address

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,948
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,960 $419.0K
Cap Rate 7%
$299,257 $299.3K
Cap Rate 9%
$232,756 $232.8K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$30.0K $4.80/SF
− Vacancy
−$2.1K −$0.33/SF
EGI
$27.9K $4.47/SF
− OpEx
−$7.0K −$1.12/SF
NOI
$20.9K $3.35/SF
Area
Pickens County, SC
Vacancy
6.90%
Lease Rate
$4.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,960
Cap Rate 7%
$299,257
Cap Rate 9%
$232,756

Alternative Uses

Best Use
Office B
$299.3K
$261.9K – $349.1K (±1% cap)
NOI $20,948 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$924.1K
$808.6K – $1.08M (±1% cap)
NOI $64,688 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Griffin Painting-The Upstate Painting Service

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 29640, SC

32,191
Population
14,096
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
84%
High-School Grad
85.7 sq mi
ZIP Area
376
Density / Sq Mi
$60,596
Median Household Income
$35,610
Median Earnings
$952
Median Rent
$197,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 6,250 SF multi-tenant investment opportunity in Easley, SC.
Where is this office building located?
The property is located at 1649 East Main Street Easley, SC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6,250 SF multi tenant investment opportunity; Located on Calhoun Memorial Highway; Easley, SC address
More about this property
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