214-218 E Main St, Walhalla, SC
Renovated retail spaces with historic charm and modern amenities.
- Added:
- Mar 14, 2025
- Days on Market:
- 458
- Last Refresh:
- May 20 at 8:04 pm
Property Features for 214-218 E Main St
General Information
- Standard status
- Active
- Size
- 6,130 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing agent Zach Hines License #58750 (864) 918-9944
Listing office Spencer/Hines Properties (864) 918-9944
Listing date Mar 14, 2025
Source Moodyscre
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 Spencer/Hines Properties
HighLights
- Signage directly on Main Street and parking in front.
- Historic buildings renovated with modern touches, exposed brick, high ceilings, and large storefront windows.
- Local, successful tenants in place with potential to extend leases.
- Accessible public City parking directly behind the site.
- Rapidly growing part of town with multiple new business opening nearby.
- Ample natural light.
Overview
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 | $110.3k | $18.00 |
| − Vacancy | −$4.0k | −$0.65 |
| EGI | $106.4k | $17.35 |
| − OpEx | −$31.9k | −$5.21 |
| NOI | $74.5k | $12.15 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- McClain’s Custom Silk Floral Designs and Gifts — 311-A E Main St, Walhalla, SC 29691
Location Insight
- Map
- Local Demand
- City
- Walhalla
- County
- Oconee
- State
- South Carolina
- Longitude
- -83.0636
- Latitude
- 34.7645