Renovated Mixed-Use
For Sale
$2,500,000
302 Park Avenue SE, Aiken, SC 29801
Commercial Sale, Aiken, SC
Property Size8,070 SF
Lot Size0.14 Acres
Price / SF$309.79
Days on Market154
Property Features for 302 Park Avenue SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
DB
Interior features
Solid Surface Counters, Entrance Foyer, Built-in Features, Bookcases, Cable Available, Ceiling Fan(s), Cable Internet
Exterior features
Garden
Fencing
Fenced, Privacy
Directions
From downtown Aiken, starting from Laurens St & Park Ave, head east on Park Ave for approx. 1 miles. The property will be on your left.
Subdivision
NE
Standard status
Active
APN
1213014001
Size
8,070 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
Blk 92 Crnr Of Park & Fairfield
Legal Description
Blk 92 Crnr Of Park & Fairfield
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1890
Floors in Building
2
Flooring type
Concrete, Tile - Ceramic, Tile, Hardwood, Wood, Carpet
Building materials
Block, Brick, Brick Veneer, Drywall, Frame
Listing Agency:
Meybohm Commercial Properties
(803) 649-8103
Listed By:
Karen A Daly · License #97250
(803) 215-1082
Added: May 12
Changed: Oct 2
Last Checked: Oct 12 at 10:06AM
MLS# 223391
Copyright © 2026 Aiken 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.
Located in downtown Aiken, this 8,070-square-foot mixed-use property occupies 0.14 acres and includes several distinct commercial and residential components. The primary building contains a two-story law office with reception, conference, executive and general office areas, library space, workrooms, storage, IT space, kitchens, and baths. Exposed brick, hardwood floors, high ceilings, crown moulding, fireplaces, oversized windows, and custom ironwork preserve the building’s architectural character following renovation in 2017.
Additional improvements include a salon suite renovated in 2022, a street-level boutique renovated in 2023, and a detached annex with open office space, exposed brick, painted concrete floors, metal roofing, storage, and a half bath. The property also includes a one-bedroom condominium with an open kitchen and living area, laundry room, granite countertops, wood flooring, premium Sub-Zero and Thermador appliances, and a primary bath with double vanities. Public water and sewer serve the property, which also includes a fenced garden courtyard.
Additional improvements include a salon suite renovated in 2022, a street-level boutique renovated in 2023, and a detached annex with open office space, exposed brick, painted concrete floors, metal roofing, storage, and a half bath. The property also includes a one-bedroom condominium with an open kitchen and living area, laundry room, granite countertops, wood flooring, premium Sub-Zero and Thermador appliances, and a primary bath with double vanities. Public water and sewer serve the property, which also includes a fenced garden courtyard.
Key Highlights
- 8,070‑square‑foot mixed‑use property on 0.14 acres in downtown Aiken
- Two‑story law office with executive offices, conference areas, workrooms, kitchens, and multiple baths
- One‑bedroom condominium with Sub‑Zero and Thermador appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,252
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,040
$1.7M
Cap Rate 7%
$1,189,314
$1.2M
Cap Rate 9%
$925,022
$925.0K
Market Conditions
NOI Build-Up for 8,070 SF
Gross rent
$121.1K $15.00/SF
− Vacancy
−$10.0K −$1.25/SF
EGI
$111.0K $13.76/SF
− OpEx
−$27.8K −$3.44/SF
NOI
$83.3K $10.32/SF
Area
Aiken County, SC
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,040
Cap Rate 7%
$1,189,314
Cap Rate 9%
$925,022
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,252 @ 7.0% cap · market cap 3.33%
Second Best
Retail
$1.11M
$974.1K – $1.30M
NOI $77,929 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.56M
$1.36M – $1.81M
NOI $108,887 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 29801, SC
27,613
Population
13,543
Households
2
Avg Household Size
41
Median Age
28%
College-Educated
84%
High-School Grad
88.9 sq mi
ZIP Area
311
Density / Sq Mi
$55,032
Median Household Income
$36,804
Median Earnings
$1,070
Median Rent
$163,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown asset combines office, retail, salon, annex, and one-bedroom condominium components.
Where is this mixed-use property located?
The property is located at 302 Park Avenue SE Aiken, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 8,070‑square‑foot mixed‑use property on 0.14 acres in downtown Aiken; Two‑story law office with executive offices, conference areas, workrooms, kitchens, and multiple baths; One‑bedroom condominium with Sub‑Zero and Thermador appliances
