Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Belton Mixed-Use Investment Title is generated by Realmo AI

    312 City Sq, Belton, SC 29627

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use property with retail and short-term rental income.

    Type:Retail
    Property size:
    2,000 SF
    Added:
    Mar 5, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 312 City Sq

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Ben Wilson

    Listing agent Ben Wilson

    Listing office

    Listing date Mar 5, 2026

    Source Mccoywright

    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 Ben Wilson

    HighLights

    • High‑visibility location in the heart of Downtown Belton.
    • Mixed‑use property with immediate revenue generation from retail tenant and two fully furnished Airbnb apartments.
    • Tenant‑occupied retail space (Edward Jones) with a 5‑year lease.
    • Two fully furnished, 1,100 SF short‑term rental apartments (Airbnb) with 2 bedrooms and 1 bathroom each.
    • Recent capital improvements including new HVAC units for retail and apartments.
    • Opportunity for income diversification and value‑add potential in a growing submarket.

    Overview

    This mixed-use property is located in Downtown Belton and offers an investment opportunity. The property includes a 2,000 square foot retail shop situated directly on the square. The ground-floor retail unit is currently tenant-occupied under a 5-year lease. Above the retail space, there are two fully furnished short-term rental apartments, each approximately 1,100 square feet. Each apartment features 2 bedrooms, 1 full bathroom, a kitchen, and a living area. Recent capital improvements include new 4-ton HVAC units for the retail space and individual 2-ton units in each apartment. The property benefits from a new roof and immediate revenue generation. The location offers high visibility within a growing Anderson County submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edward Jones - Financial ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belton
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.4938
    Latitude
    34.5234

    Nearby Similar for Sale

    • $625,000
      1,504 SF

      Belton Commercial Property For Sale

      Versatile commercial property with high visibility and endless potential.
      224 S Main St, Belton, SC 29627
      View Details
    • $759,000
      5,688 SF

      Belton Wedding Venue Opportunity

      Versatile commercial property suitable for business or residential use.
      110 Smith Motors Road, Belton, SC 29627
      View Details
    • $595,000
      5,000 SF

      Belton Commercial Building on Two Acres

      5,000 SF commercial building with office and warehouse space.
      3361 Highway 29 N, Belton, SC 29697
      View Details
    • $759,000
      5,688 SF

      Belton Land with Venue Potential

      16.76 acres suitable for business, home, or wedding venue.
      110 Smith Motors Road, Belton, SC 29627
      View Details
    • $195,000

      Belton Commercial Property on Main

      Prime commercial property in downtown Belton, South Carolina.
      121 N Main Street, Belton, SC 29627
      View Details
    • $290,000

      Versatile Office Building with Parking

      Functional office building with ample parking in Belton, SC.
      713 Anderson Street, Belton, SC 29627
      View Details
    • $325,000
      2,000 SF

      Belton, SC Commercial Property

      Commercial property in Belton, South Carolina, suitable for restaurant use.
      6130 Belton Hwy, Belton, SC 29627
      View Details
    • $299,000
      8,000 SF

      Historic Multi-Use Building, Belton

      Historic building in downtown Belton with multi-use and residential potential.
      222 City Square, Belton, SC 29627
      View Details
    • $650,000
      8,180 SF

      Belton Commercial Buildings and Land

      Two commercial buildings and land available in Belton, SC.
      1513 Anderson St, Belton, SC 29627
      View Details
    • $595,000
      5,000 SF

      Commercial Building on Two Acres

      5,000 SF commercial building with office and warehouse space.
      3361 Highway 29 N, Belton, SC 29627
      View Details
    • $200,000

      Renovated Duplex in Belton, SC

      Recently renovated duplex in Belton, SC, with immediate rental income.
      27 Smythe Street, Belton, SC 29627
      View Details
    • $595,000

      Belton Commercial Building with Warehouse

      5,000 SF commercial building with office and warehouse space.
      3361 Highway 29 N, Belton, SC 29627
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and short-term rental income.
    Where is this mixed-use property located?
    The property is located at 312 City Sq Belton, SC.
    What are key features of this property?
    This property features: High‑visibility location in the heart of Downtown Belton.; Mixed‑use property with immediate revenue generation from retail tenant and two fully furnished Airbnb apartments.; Tenant‑occupied retail space (Edward Jones) with a 5‑year lease.
    (864) 642-2424
    We can help!
    Listing Contact
    Ben Wilson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    312 City Sq, Belton, SC 29627
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!