Downtown Retail Building with Two
319 Main Street Seneca, SC 29678
319 Main Street, Seneca, SC, 29678
$1,500,000
For Sale
$1,500,000
Two fully heated and air-conditioned retail units with private entrances and restrooms, plus street-to-street rear access.
Property Size5,500 SF
Lot Size0.24 Acres
Price / SF$272.73
Days on Market70
Property Features for 319 Main Street
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.24 Acres
- Property subtype
- Retail
Listing agency
(770) 519-0025
Listed by
Eddie Smith
Source
Mccoywright
Added: May 14 Updated: Jul 22 at 12:25AM Checked: Jul 22 at 12:25AM
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 Eddie Smith
Investment Insights
Based on property information with market context.
For sale 5,500 SF retail building in Historic Downtown Seneca, consisting of two separate units. Both units are fully heated and air conditioned and feature private entrances and restroom facilities. The property also includes upstairs space that could be restored and developed for additional retail or apartment rentals.
The building has 34’ frontage on Main Street and street-to-street access to the rear via West North First Street. It is located inside city limits and is zoned commercial by the City of Seneca. Parking is available with 12 surface spaces on the street side and a no-fee municipal lot directly across Main.
The building sits on 0.24 acres and is close to downtown activity, including Ram Cat Alley and the new Performing Arts Center and open-air amphitheater. Buyer or buyer’s agent should verify all information, including utilities and zoning.
The building has 34’ frontage on Main Street and street-to-street access to the rear via West North First Street. It is located inside city limits and is zoned commercial by the City of Seneca. Parking is available with 12 surface spaces on the street side and a no-fee municipal lot directly across Main.
The building sits on 0.24 acres and is close to downtown activity, including Ram Cat Alley and the new Performing Arts Center and open-air amphitheater. Buyer or buyer’s agent should verify all information, including utilities and zoning.
Key Highlights
- 5,500 SF downtown Seneca retail building at 319+321 Main Street with 2 separate units and private entrances
- Both units are fully heated and air conditioned, each with its own restroom facilities
- 34’ frontage on Main Street plus street‑to‑street rear access on West North First Street
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.0k | $18.00 |
| − Vacancy | −$3.6k | −$0.65 |
| EGI | $95.4k | $17.35 |
| − OpEx | −$28.6k | −$5.21 |
| NOI | $66.8k | $12.15 |
5,500 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$954.4K
$835.1K – $1.11M
NOI $66,805 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,645 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hairitage Salon
Hair Salon
Devon Curly Girl ...
Hair Salon
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FAQs
What type of property is this?
Retail space - Two fully heated and air-conditioned retail units with private entrances and restrooms, plus street-to-street rear access.
Where is this retail space located?
The property is located at 319 Main Street Seneca, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,500 SF downtown Seneca retail building at 319+321 Main Street with 2 separate units and private entrances; Both units are fully heated and air conditioned, each with its own restroom facilities; 34’ frontage on Main Street plus street‑to‑street rear access on West North First Street