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Corner Lot Retail and Lodging Building
For Sale
$210,000

314 316 318 N Limestone Street, Gaffney, SC 29340

COMMERCIAL - Gaffney, SC

Property Size8,400 SF
Lot Size0.26 Acres
Price / SF$25
Days on Market131

Property Features for 314 316 318 N Limestone Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CI
Lot features Central Business District
Directions I-85 to downtown Gaffney, N. Limestone, sign on buildings
Subdivision Gaffney
Standard status Active
Size 8,400 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2091

Utilities

Cooling system Heat Pump
Water source Public

Building Details

Number of units 4
Flooring type Carpet, Linoleum
Listing Agency: Mathers Realty. com
Listed By: William Russell Poole · License #127584
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 16 at 1:06PM
MLS# 335739

Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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 for-sale property consists of a completely brick, two-story structure made up of two buildings and four units. There are three separate downstairs units, each with its own downtown-facing entrance from Limestone and back entrances that lead to a large private lot for parking. Each downstairs unit includes a showroom area plus a back storage area with bathroom facilities.

The upstairs portion is described as an older hotel-style concept with a downstairs stairway entrance, approximately eight rooms, and two shared bathroom facilities. The property is located on a corner lot in downtown, adjacent to the city’s free public area, and it provides parking.

While the existing configuration supports multiple retail tenants on the ground level, the upstairs space is also presented as flexible for potential rooms or related uses. Zoning is listed as CI, and the square footage can be verified by a prospective buyer.

Key Highlights

  • Two‑story, completely brick property with 2 buildings totaling 8,400 SF
  • 4 units on a corner lot, with 3 separate downstairs units and 1 upstairs unit
  • Downstairs units have separate retail/showroom space with back storage and bathroom facilities

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Computer & Electronic Repair Carpet & Flooring Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

666
Businesses Nearby
Under-served
Demand for This Use

Demographics for 29340, SC

20,695
Population
9,889
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
163.4 sq mi
ZIP Area
127
Density / Sq Mi
$42,359
Median Household Income
$32,011
Median Earnings
$773
Median Rent
$110,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Daniels Den of Flowers 313 N Limestone St, Gaffney, SC 29340

Frequently Asked Questions

What type of property is this?
Storefront property - Two brick buildings on a corner lot feature four units with multiple separate entrances and parking.
Where is this storefront property located?
The property is located at 314 316 318 N Limestone Street Gaffney, SC.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑story, completely brick property with 2 buildings totaling 8,400 SF; 4 units on a corner lot, with 3 separate downstairs units and 1 upstairs unit; Downstairs units have separate retail/showroom space with back storage and bathroom facilities
More about this property
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