Retail and Event Space with
230 E MAIN ST Walhalla, SC 29691
230 E MAIN ST, Walhalla, SC, 29691
Contact for pricing
For Sale
Contact for pricing
Flexible interior layout with a catering kitchen and a covered back deck with access to a small parking area.
Property Size2,442 SF
Price / SF$204.75
Days on Market99
Property Features for 230 E MAIN ST
General Information
- Standard status
- Active
- Size
- 2,442 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1925
Listing agency
Clardy Real Estate
(864) 992-7820
Listed by
Holly Douglas · License #SC 88953
Source
Crexi
Added: Apr 15 Updated: Jul 21 at 7:43PM Checked: Jul 21 at 7:43PM
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 Clardy Real Estate
Investment Insights
Based on property information with market context.
This versatile commercial space offers an open floor plan with multiple operating possibilities, having previously functioned as retail, an event venue, and office space. The property includes front bay windows suitable for displaying inventory and advertisements, along with a catering kitchen and a storage closet. Interior restroom configuration includes plumbing that would allow conversion back to a two-stall men’s room, and the men’s restroom has been renovated into a barbershop. Out the double glass doors, a covered back deck with draperies provides an additional outdoor area.
Access is available off the back deck to a small parking area, and a city parking lot is located down the alley.
If you’re looking for a property that can support retail display, office use, or event-oriented programming, this building’s flexible layout and deck access may fit a range of concepts.
Access is available off the back deck to a small parking area, and a city parking lot is located down the alley.
If you’re looking for a property that can support retail display, office use, or event-oriented programming, this building’s flexible layout and deck access may fit a range of concepts.
Key Highlights
- 1925‑built building with 2,200+ SF interior space used as retail, event venue, and office.
- Flexible open floor plan—can be kept as open or divided as needed for different uses.
- Catering kitchen with a storage closet included.
Local Financial Insights For Office B
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 | $48.9k | $20.04 |
| − Vacancy | −$7.3k | −$3.01 |
| EGI | $41.6k | $17.03 |
| − OpEx | −$10.4k | −$4.26 |
| NOI | $31.2k | $12.78 |
2,442 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$445.7K
$390.0K – $520.0K
NOI $31,198 @ 7.0% cap · market cap 6.24%
Second Best
Retail
$423.7K
$370.8K – $494.4K
NOI $29,662 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$613.0K
$536.4K – $715.2K
NOI $42,910 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Flexible interior layout with a catering kitchen and a covered back deck with access to a small parking area.
Where is this retail space located?
The property is located at 230 E MAIN ST Walhalla, SC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1925‑built building with 2,200+ SF interior space used as retail, event venue, and office.; Flexible open floor plan—can be kept as open or divided as needed for different uses.; Catering kitchen with a storage closet included.
