Gas Station with Convenience
309 East Main Street, Williamston, SC 29697
For Sale
Contact for pricing
A CMU retail building is paired with a fuel canopy and upgraded dispensing and point-of-sale equipment.
Property Size3,000 SF
Price / SF$366.67
Days on Market37
Property Features for 309 East Main Street
General Information
Standard status
Size
Property subtype
Automotive
Fuel Pumps
Automotive Uses
Convenience Store
Additional Details
Road Access
Real Estate Included
Building Details
Buildings
Construction
Listing Agency:
Divine Realty LLC
Listed By:
John Plank · License SC #102867
Source:
Crexi
Added: Oct 5
Changed: Nov 10
Last Checked: Nov 10 at 2:39PM
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 Divine Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Williamston property combines a CMU convenience-store building of approximately 2,600–3,000 SF with a fuel canopy measuring approximately 50' x 25'. Two new MPDs, a Ruby point-of-sale system, new coolers, and other modernization work are underway or scheduled. The canopy is described as being in good condition. Fuel infrastructure includes two 8,000-gallon USTs; the SC DHEC UST Registry lists them as “Extended Out-of-Use” and “In Compliance” as of December 17, 2024.
The site is at 309 East Main Street near Williamston’s town center. Nearby SCDOT traffic counts are approximately 11,500 AADT at Station 04-0170 and 9,700 AADT at Station 04-0172.
The site is at 309 East Main Street near Williamston’s town center. Nearby SCDOT traffic counts are approximately 11,500 AADT at Station 04-0170 and 9,700 AADT at Station 04-0172.
Key Highlights
- Approximately 2,600–3,000 SF CMU convenience‑store building
- Fuel canopy measures approximately 50' x 25'
- Two 8,000‑gallon USTs listed as Extended Out‑of‑Use and In Compliance as of December 17, 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,732
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,640
$1.2M
Cap Rate 7%
$867,600
$867.6K
Cap Rate 9%
$674,800
$674.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$90.0K $30.00/SF
− Vacancy
−$3.2K −$1.08/SF
EGI
$86.8K $28.92/SF
− OpEx
−$26.0K −$8.68/SF
NOI
$60.7K $20.24/SF
Area
Anderson County, SC
Vacancy
3.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,640
Cap Rate 7%
$867,600
Cap Rate 9%
$674,800
Alternative Uses
Best Use
Retail
$867.6K
$759.2K – $1.01M
NOI $60,732 @ 7.0% cap · market cap 5.52%
Second Best
Specialty Retail
$557.7K
$488.0K – $650.7K
NOI $39,042 @ 7.0% cap · market cap 3.55%
Theoretical Best
Flex RnD
$1.79M
$1.57M – $2.09M
NOI $125,557 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 29%
Home Improvements & Furnishings 21%
McDonald's
Dining
21,306 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,234 visits/mo
0.0 miles
Ace Hardware & Rental
Home Improvements & Furnishings
10,316 visits/mo
0.2 miles
SUBWAY
Dining
5,902 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,884 visits/mo
0.1 miles
Demographics for 29697, SC
13,344
Population
6,130
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
77%
High-School Grad
39.2 sq mi
ZIP Area
340
Density / Sq Mi
$70,030
Median Household Income
$36,672
Median Earnings
$968
Median Rent
$185,800
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
Frequently Asked Questions
What type of property is this?
Gas station - A CMU retail building is paired with a fuel canopy and upgraded dispensing and point-of-sale equipment.
Where is this gas station located?
The property is located at 309 East Main Street Williamston, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 2,600–3,000 SF CMU convenience‑store building; Fuel canopy measures approximately 50' x 25'; Two 8,000‑gallon USTs listed as Extended Out‑of‑Use and In Compliance as of December 17, 2024
