Commercial Lot with Trade
201 West Main Street Andrews, SC 29510
For Sale
$270,000
Two side-by-side lots offer Main Street frontage, including one commercial lot with a 1,242 sq ft trade shop.
Property Size1,242 SF
Price / SF$217.39
Days on Market222
Property Features for 201 West Main Street
General Information
Standard status
Active
Size
1,242 SF
Property subtype
Land / Commercial
Listing Agency:
Garden City Realty, Inc
(803) 528-7979
Listed By:
Marcie Ortt · License #116727
(803) 528-7979
Source:
Compass
Added: Dec 18, 2025
Changed: Jul 23
Last Checked: Jul 24 at 2:04PM
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 Garden City Realty, Inc
Investment Insights
Based on property information with market context.
The offering consists of two side-by-side lots with Main Street frontage in the town of Andrews. One lot is zoned commercial, and the other is currently zoned residential. The commercial lot includes a trade shop of approximately 1,242 square feet that was built in 1960.
The property is being sold as-is, and the buyer will need to confirm lot sizes.
Because the lots have different zoning designations, the combined site provides flexibility for buyers evaluating development options that match the commercial zoning.
The property is being sold as-is, and the buyer will need to confirm lot sizes.
Because the lots have different zoning designations, the combined site provides flexibility for buyers evaluating development options that match the commercial zoning.
Key Highlights
- Two side‑by‑side lots with Main St. frontage in the town of Andrews
- Commercial lot includes a 1,242 SF trade shop built in 1960
- One lot is zoned commercial and the other is currently zoned residential
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 | $22.4k | $18.00 |
| − Vacancy | −$1.1k | −$0.90 |
| EGI | $21.2k | $17.10 |
| − OpEx | −$6.4k | −$5.13 |
| NOI | $14.9k | $11.97 |
1,242 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$212.4K
$185.8K – $247.8K
NOI $14,867 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.7K
$298.1K – $397.4K
NOI $23,846 @ 7.0% cap · market cap 8.83%
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?
Commercial land - Two side-by-side lots offer Main Street frontage, including one commercial lot with a 1,242 sq ft trade shop.
Where is this commercial land located?
The property is located at 201 West Main Street Andrews, SC.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two side‑by‑side lots with Main St. frontage in the town of Andrews; Commercial lot includes a 1,242 SF trade shop built in 1960; One lot is zoned commercial and the other is currently zoned residential
