Updated End-Unit
New
For Sale
$259,000
200 E Rutherford Street, Landrum, SC 29356
Compact commercial space in downtown Landrum with end-unit exposure and flexible boutique, studio, office, or specialty retail potential.
Property Size1,930 SF
Days on Market7
Property Features for 200 E Rutherford Street
General Information
Standard status
Active
Size
1,930 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
End Cap
Yes
Highway Access
Yes
Road Access
Yes
Amenities
Features: Corner Lot, Size: 0, Size Units: Acres
Days on Market: 0, Listing Price: 259000, Status: Active
Year Built: 1930, Construction Type: Site Built
City: Landrum, State: SC, Zip: 29356, County: Spartanburg, Directions: 26 to Landrum property on left
Auction Y/N: 0
Building Details
Building Size
1,930 SF
Year Built
1930
Listing Agency:
Sauvé Collective
(864) 415-2432
Listed By:
Nikki Sauvé
(864) 415-2432
Source:
Blackstreaminternational
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 4 at 4:47AM
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 Sauvé Collective
Investment Insights
Based on property information with market context.
This updated storefront is configured as an end unit on East Rutherford Street in downtown Landrum. The compact footprint is presented as ready for occupancy and can accommodate a boutique, studio, professional office, or specialty retail concept. Its position at the end of the building provides exposure to more than one direction, while the property’s original construction dates to 1930.
The site is within the downtown district, near antique shops, boutiques, and independent restaurants. It is also positioned just off I-26, between Spartanburg and Asheville, with the Tryon International Equestrian Center described as minutes away. The address is 200 E Rutherford Street, Landrum, SC 29356.
The site is within the downtown district, near antique shops, boutiques, and independent restaurants. It is also positioned just off I-26, between Spartanburg and Asheville, with the Tryon International Equestrian Center described as minutes away. The address is 200 E Rutherford Street, Landrum, SC 29356.
Key Highlights
- Updated end‑unit storefront on East Rutherford Street
- Compact layout suited to boutique, studio, office, or specialty retail use
- Downtown Landrum setting near antique shops, boutiques, and independent eateries
Financial Insights For Retail
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 | $34.7k | $18.00 |
| − Vacancy | −$3.0k | −$1.57 |
| EGI | $31.7k | $16.43 |
| − OpEx | −$9.5k | −$4.93 |
| NOI | $22.2k | $11.50 |
1,930 SF · lease $18.00/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Office B
$426.2K
$372.9K – $497.2K
NOI $29,834 @ 7.0% cap · market cap 11.52%
Second Best
Retail
$317.2K
$277.5K – $370.0K
NOI $22,202 @ 7.0% cap · market cap 8.57%
Theoretical Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $104,881 @ 7.0% cap · market cap 40.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29356, SC
8,893
Population
4,434
Households
2
Avg Household Size
51
Median Age
35%
College-Educated
90%
High-School Grad
82.1 sq mi
ZIP Area
108
Density / Sq Mi
$60,911
Median Household Income
$43,119
Median Earnings
$632
Median Rent
$273,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bodega Noir — 102 W Coleman St, Landrum, SC 29356
Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial space in downtown Landrum with end-unit exposure and flexible boutique, studio, office, or specialty retail potential.
Where is this storefront property located?
The property is located at 200 E Rutherford Street Landrum, SC.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Updated end‑unit storefront on East Rutherford Street; Compact layout suited to boutique, studio, office, or specialty retail use; Downtown Landrum setting near antique shops, boutiques, and independent eateries
