7-Bay Auto
New
For Sale
$365,000
301 Washington Avenue, Easley, SC 29640
Main-level service and office areas are complemented by a full basement.
Property Size3,000 SF
Price / SF$121.67
Days on Market2
Property Features for 301 Washington Avenue
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
10
Property subtype
Commercial
Automotive
Service Bays
7
Automotive Uses
auto repair
Additional Details
Highway Access
Yes
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$2,035
Amenities
Concrete Structural
Yes
1
No
Square Feet
Public
Drive-In Door
10
152 x 229 x 76 x 107 x 51 x 85
Paved
City Street
3000
Building Details
Buildings
1
Listing Agency:
Mountainside Realty, LLC
(864) 226-8100
Listed By:
Regina Carter · License #137452
(813) 843-4883
Source:
Cdanjoyner
Added: Oct 23
Last Checked: Oct 23 at 4:56PM
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 Mountainside Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot auto shop has seven bays, with a lift in one bay available for separate purchase. The main level contains the shop and office areas, while a full basement provides additional space. The building served as an automotive garage for more than 40 years.
The property is in Easley, approximately 200 feet from Hwy. 123. A paved surface and a drive-in door are noted among the property features.
The property is in Easley, approximately 200 feet from Hwy. 123. A paved surface and a drive-in door are noted among the property features.
Key Highlights
- Seven service bays, including one with a lift available for separate purchase
- 3,000 square feet with shop and office areas on the main level
- Full basement provides additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,151
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,020
$583.0K
Cap Rate 7%
$416,443
$416.4K
Cap Rate 9%
$323,900
$323.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$43.2K $14.40/SF
− Vacancy
−$1.6K −$0.52/SF
EGI
$41.6K $13.88/SF
− OpEx
−$12.5K −$4.16/SF
NOI
$29.2K $9.72/SF
Area
Pickens County, SC
Vacancy
3.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,020
Cap Rate 7%
$416,443
Cap Rate 9%
$323,900
Alternative Uses
Best Use
Retail
$416.4K
$364.4K – $485.9K
NOI $29,151 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$132.9K
$116.3K – $155.1K
NOI $9,304 @ 7.0% cap · market cap 2.55%
Theoretical Best
Mixed Use
$443.6K
$388.1K – $517.5K
NOI $31,050 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
7
Service bays
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
116k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 26%
Superstores 19%
Electronics 1%
Dodge's Southern Style
Shops & Services
26,400 visits/mo
0.3 miles
Big Lots
Superstores
21,843 visits/mo
0.3 miles
Dollar Tree
Shops & Services
18,261 visits/mo
0.1 miles
Waffle House
Dining
10,924 visits/mo
0.4 miles
Jack in the Box
Dining
7,833 visits/mo
0.5 miles
Demographics for 29640, SC
32,191
Population
14,096
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
84%
High-School Grad
85.7 sq mi
ZIP Area
376
Density / Sq Mi
$60,596
Median Household Income
$35,610
Median Earnings
$952
Median Rent
$197,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Mike Holcombe's Auto Services Center — 228 Ross Ave, Easley, SC 29640
- Wheeler's Body Shop Inc — 1106 S 5th St, Easley, SC 29642
- Watts Automotive & Diesel services *WE ARE MOBILE* — 129 David St, Easley, SC 29640
- Performance Auto Care Center, Inc. — 6949 calhoun memorial hwy, easley, sc 29640
- Busted Knuckle Tire &Auto — 6949 Calhoun Memorial Hwy, Easley, SC 29640
Frequently Asked Questions
What type of property is this?
Auto shop - Main-level service and office areas are complemented by a full basement.
Where is this auto shop located?
The property is located at 301 Washington Avenue Easley, SC.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Seven service bays, including one with a lift available for separate purchase; 3,000 square feet with shop and office areas on the main level; Full basement provides additional interior space
