Historic Office or Institutional
319 Park Avenue Rock Hill, SC 29730
319 Park Avenue, Rock Hill, SC, 29730
$325,000
For Sale
$325,000
Built in 1900, this property offers dual driveway access, four parking spots, and flexible zoning for office or institutional use.
Property Size2,817 SF
Price / SF$115.37
Days on Market75
Property Features for 319 Park Avenue
General Information
- Standard status
- Active
- Size
- 2,817 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agency
Howard Hanna Allen Tate Rock Hill
(803) 324-1185
Listed by
Tyler Williams · License #129184
Source
Techrealtyllc
Added: May 8 Updated: Jul 21 at 12:43AM Checked: Jul 21 at 12:43AM
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 Howard Hanna Allen Tate Rock Hill
Investment Insights
Based on property information with market context.
Built in 1900, this historic property at 319 Park Avenue includes five bedrooms and two and a half baths, with a traditional main-level layout featuring living, dining, and family rooms. The home centers around four non-functioning fireplaces. A kitchen with a classic butler’s pantry and dedicated dining area supports the main level, while the upper level provides three additional bedrooms and a full bath.
Zoned MF-15, the property is described as offering versatility for continued residential use or a range of commercial applications, including professional offices, a religious institution, or an elder care facility. Outside, there is a large front porch and a small fenced outdoor area. Dual driveway access is available from Park Avenue and Ebenezer Avenue, with four existing parking spots.
The offering is positioned for a buyer looking to restore and repurpose the existing historic structure in the downtown Rock Hill area near the University.
Zoned MF-15, the property is described as offering versatility for continued residential use or a range of commercial applications, including professional offices, a religious institution, or an elder care facility. Outside, there is a large front porch and a small fenced outdoor area. Dual driveway access is available from Park Avenue and Ebenezer Avenue, with four existing parking spots.
The offering is positioned for a buyer looking to restore and repurpose the existing historic structure in the downtown Rock Hill area near the University.
Key Highlights
- Built in 1900, 319 Park Avenue is a 5‑bedroom, 2.5‑bath historic residence in Rock Hill.
- Main level includes living room, dining room, family room, and 2 bedrooms, centered around 4 non‑functioning fireplaces.
- Kitchen features a classic butler's pantry plus a dedicated dining area.
Local Financial Insights For Apartment 5plus
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 | $44.6k | $15.84 |
| − Vacancy | −$2.8k | −$1.00 |
| EGI | $41.8k | $14.84 |
| − OpEx | −$18.8k | −$6.68 |
| NOI | $23.0k | $8.16 |
2,817 SF · lease $15.84/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Office B
$536.2K
$469.2K – $625.6K
NOI $37,534 @ 7.0% cap · market cap 11.55%
Second Best
Apartment 5plus
$328.5K
$287.5K – $383.3K
NOI $22,996 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$662.4K
$579.6K – $772.9K
NOI $46,371 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Built in 1900, this property offers dual driveway access, four parking spots, and flexible zoning for office or institutional use.
Where is this office building located?
The property is located at 319 Park Avenue Rock Hill, SC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Built in 1900, 319 Park Avenue is a 5‑bedroom, 2.5‑bath historic residence in Rock Hill.; Main level includes living room, dining room, family room, and 2 bedrooms, centered around 4 non‑functioning fireplaces.; Kitchen features a classic butler's pantry plus a dedicated dining area.
