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Multi-Tenant Retail Building

203 Pendleton Road Clemson, SC 29631

203 Pendleton Road, Clemson, SC, 29631
$1,500,000
For Sale
Claim this Listing
$1,500,000

Multi-tenant retail building with ample parking and an unfinished basement, located on highly visible Pendleton Road.

Property Size7,000 SF
Lot Size0.88 Acres
Price / SF$214.29
AddedJun 20
Days on Market26
Last RefreshJul 9 at 2:38 am

Property Features for 203 Pendleton Road

General Information

Standard status
Active
Size
7,000 SF
Lot size
0.88 Acres
Property subtype
Retail

Building Details

Year Built
1975

Listing office Carolina Foothills Real Estate

Listing date Jun 20, 2026

Source Blackstreaminternational

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 Carolina Foothills Real Estate


Investment Insights

Based on property information with market context.

Multi-tenant retail building featuring an estimated ±17,000 SF of retail space plus an additional ±17,000 SF unfinished basement. The property sits on approximately 0.88 acres and is described as offering a flexible layout to support multiple uses and occupancy needs.

According to the public remarks, the asset is positioned on highly visible Pendleton Road (SC-93), just minutes from downtown Clemson and Clemson University, with ample parking and strong accessibility. The surrounding area is described as a mix of retail, restaurants, student housing, and established neighborhoods, contributing to year-round activity in the Clemson community.

Key Highlights

  • Multi‑tenant commercial/retail building on highly visible Pendleton Road (SC‑93) in Clemson
  • ±7,000 SF building with a ±7,000 SF unfinished basement
  • Approximately 0.88‑acre lot with ample parking

Local 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 $100.8k $14.40
− Vacancy −$3.6k −$0.52
EGI $97.2k $13.88
− OpEx −$29.2k −$4.16
NOI $68.0k $9.72
7,000 SF · lease $14.40/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$971.7K
$850.3K – $1.13M (±1% cap)
NOI $68,020 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$1.04M
$905.6K – $1.21M (±1% cap)
NOI $72,450 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Columbo's Pizza Restaurant 203 Pendelton Road Construction Company

Suggested Use

Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop Pharmacy HVAC Service Auto Parts Store Hair Salon

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

FAQs

What type of property is this?
Retail space - Multi-tenant retail building with ample parking and an unfinished basement, located on highly visible Pendleton Road.
Where is this retail space located?
The property is located at 203 Pendleton Road Clemson, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multi‑tenant commercial/retail building on highly visible Pendleton Road (SC‑93) in Clemson; ±7,000 SF building with a ±7,000 SF unfinished basement; Approximately 0.88‑acre lot with ample parking
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