Back to Search
Downtown Retail Building with Two Units

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
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Pharmacy Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Grocery & Convenience Store Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

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
Contact an agent
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