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Bay-Window Retail and Office Building
For Sale
$475,000

230 E Main Street, Walhalla, SC 29691

SINGLE_FAMILY - Walhalla, SC

Property Size2,200 SF
Lot Size0.12 Acres
Price / SF$215.91
Days on Market115

Property Features for 230 E Main Street

General Information

Property type Residential
Property subtype Retail
Lot features City Lot
Directions From Seneca, head north on Hwy 28. GPS friendly, please use front door
Subdivision 202-Oconee County, SC
Standard status Active
APN 500-19-04-011
Lot size 0.12 Acres

Building Details

Year built 1925
Flooring type Hardwood
Roof type Metal
Listing Agency: Clardy Real Estate - W Union
Listed By: Holly Douglas · License #88953
Added: Apr 10 Changed: Jun 16 Last Checked: Aug 2 at 4:06PM
MLS# 20299602

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.

Investment Insights

Based on property information with market context.

This distinctive storefront property offers an open layout that can be kept as-is or divided to fit different uses. The interior includes a catering kitchen with a storage closet, and front bay windows suited for displays of inventory or advertisements. A notable preserved Bull Durham tobacco advertisement has been carefully maintained after being discovered behind plaster during prior renovations, adding a unique character that carries through the space.

Access is provided off a covered back deck with draperies for privacy through double glass doors. From the deck, you reach a small parking area, and the city parking lot is described as being just down the alley. The property has previously hosted separate men’s and women’s bathrooms with two stalls each; the current owner renovated the men’s bathroom into a barbershop, while the plumbing remains in place, allowing it to be converted back into a two-stall men’s room.

For tenants, buyers, or operators, the building’s combination of retail presentation, office flexibility, and attached outdoor space supports a range of programming—from professional services to event-oriented use. The seller is also indicating that nearby green space is available for sale, which may help expand outdoor considerations for the right concept.

Key Highlights

  • Iconic space, previously retail, event venue, and office.
  • Preserved Bull Durham tobacco advertisement.
  • Flexible 2200+ sqft open floor plan.

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 $44.1k $20.04
− Vacancy −$6.6k −$3.01
EGI $37.5k $17.03
− OpEx −$9.4k −$4.26
NOI $28.1k $12.78
2,200 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,106 @ 7.0% cap · market cap 5.92%
Second Best
Retail
$381.7K
$334.0K – $445.4K (±1% cap)
NOI $26,722 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$552.3K
$483.2K – $644.3K (±1% cap)
NOI $38,658 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom Dental Office Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29691, SC

11,142
Population
5,518
Households
2
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
62.2 sq mi
ZIP Area
179
Density / Sq Mi
$52,722
Median Household Income
$35,164
Median Earnings
$792
Median Rent
$179,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • McClain’s Custom Silk Floral Designs and Gifts — 311-A E Main St, Walhalla, SC 29691

Frequently Asked Questions

What type of property is this?
Storefront property - Versatile storefront layout with bay windows, catering kitchen, and a covered back deck with nearby parking access.
Where is this storefront property located?
The property is located at 230 E Main Street Walhalla, SC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Iconic space, previously retail, event venue, and office.; Preserved Bull Durham tobacco advertisement.; Flexible 2200+ sqft open floor plan.
More about this property
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