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    Downtown Retail Storefront Investment Title is generated by Realmo AI

    206 E Main Street, Walhalla, SC 29691

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    For Sale
    $350,000

    SINGLE_FAMILY - Walhalla, SC

    Type:Retail
    Property size:
    2,000 SF
    Price / SF:
    $175/SF
    Added:
    Jan 28, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 27 at 9:06 am

    Property Features for 206 E Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    500-19-04-002

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    123

    Building Details

    Year built
    1925
    Floors in Building
    1
    Building materials
    Brick, Block, Concrete

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    Contact an agent
    Adriana Powell

    Listing agent Adriana Powell License #131210

    Listing office Powell Real Estate 3802 BLUE RIDGE BLVD, Walhalla, SC

    Listing date Jan 28, 2026

    MLS# 20296799

    Copyright © 2026 Western Upstate 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.

    HighLights

    • Prime downtown Walhalla location with excellent visibility and high foot traffic.
    • Currently tenant‑occupied by Walhalla Pharmacy, providing immediate income.
    • Located just off Highway 28, ensuring easy accessibility.
    • Walking distance to Walhalla's Performing Arts Center and the Wanderweg Greenway.
    • Benefits from Walhalla's growing local economy and downtown revitalization.
    • 2,000 sq ft commercial building constructed with durable materials (Brick, Block, Concrete).

    Overview

    This offering is a single commercial storefront building located at 206 E Main Street. The property is currently tenant-occupied by Walhalla Pharmacy, providing an operating retail use at the time of sale. The building is marketed as a 2,000-square-foot commercial structure, presented as an established downtown retail asset.

    The location is in the heart of downtown Walhalla, positioned just off Highway 28. The listing emphasizes Main Street presence and visibility, supported by its central position within the downtown business district. The property is also described as being within walking distance of the Performing Arts Center and the Wanderweg Greenway, which can support a steady flow of local and visitor activity around the area.

    For investors or buyers seeking a retail storefront with an in-place tenant, this configuration offers a straightforward path to ownership without requiring immediate redevelopment for retail occupancy. The pharmacy tenancy supports a customer-facing retail use, and the central downtown setting may appeal to operators looking for visibility and day-to-day retail presence in a walkable commercial core. Please note that leasing terms and tenant details are not provided in the listing materials.

    Local Financial Insights For Specialty 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 $36.0k $18.00
    − Vacancy −$1.3k −$0.65
    EGI $34.7k $17.35
    − OpEx −$8.7k −$4.34
    NOI $26.0k $13.01
    2,000 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $371.8K
    $325.4K – $433.8K (±1% cap)
    NOI $26,028 @ 7.0% cap · market cap 7.44%
    Second Best
    Retail
    $347.0K
    $303.7K – $404.9K (±1% cap)
    NOI $24,293 @ 7.0% cap · market cap 6.94%
    Theoretical Best
    Office A
    $502.1K
    $439.3K – $585.7K (±1% cap)
    NOI $35,144 @ 7.0% cap · market cap 10.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walhalla Chiropractic Clinic Alternative Medicine Practice Lawson Chiropractic Clinic Alternative Medicine Practice Walhalla Pharmacy Pharmacy Eric Lander Alternative Medicine Practice Dr. Kristin Lander Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Similar Places Nearby

    • Ingles Pharmacy — 180 Scenic Plaza Dr, West Union, SC 29696
    • CVS Pharmacy — 105 Foothills Center Dr, West Union, SC 29696
    • Karen Lawrence — 105 Foothills Center Dr, West Union, SC 296962518
    • Amanda Simpson — 105 Foothills Center Dr, West Union, SC 29678
    • The Pharmacist's daughter — 912 W Main St, Walhalla, SC 29691

    Location Insight

    • Map
    • Local Demand
    City
    Walhalla
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.063924
    Latitude
    34.764423

    FAQs

    What type of property is this?
    Drug store - Tenant-occupied retail storefront on E Main Street, currently leased to a pharmacy, offering immediate rental use.
    Where is this drug store located?
    The property is located at 206 E Main Street Walhalla, SC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime downtown Walhalla location with excellent visibility and high foot traffic.; Currently tenant‑occupied by Walhalla Pharmacy, providing immediate income.; Located just off Highway 28, ensuring easy accessibility.
    More about this property
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