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Three-Area Office Building
For Sale
$299,900

331 S 4th Street, Hartsville, SC 29550

COMMERCIAL/INDUSTRIAL, Hartsville, SC

Property Size2,275 SF
Lot Size0.32 Acres
Price / SF$131.82
Days on Market168

Property Features for 331 S 4th Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Business Area, Freestanding, General Business Dist.
Subdivision HARTSVILLE
Standard status Active
Size 2,275 SF
Lot size 0.32 Acres

Building Details

Year built 1961
Building materials Stucco
Listing Agency: Drayton Realty Group
Listed By: Laraine Stevens
Added: Apr 29 Changed: Sep 6 Last Checked: Oct 13 at 4:06PM
MLS# 2601595

Copyright © 2026 Pee Dee Realtor Association. 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 2,275-square-foot office building at 331 S 4th Street includes three distinct office areas within a stucco structure built in 1961. Two areas are occupied by long-term tenants, while the third is vacant and currently used for owner storage. The available area can support additional office occupancy or rental use.

The property sits on approximately 0.32 acres in Hartsville, near Carolina Avenue and an established business district. An adjacent lot with a separate tax map number is also being offered separately. The building’s three-area configuration provides a combination of existing tenancy and additional usable office space.

Key Highlights

  • 2,275‑square‑foot office building on approximately 0.32 acres
  • Three separate office areas within the building
  • Two office areas occupied by long‑term tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,799
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,980 $516.0K
Cap Rate 7%
$368,557 $368.6K
Cap Rate 9%
$286,656 $286.7K
Market Conditions
NOI Build-Up for 2,275 SF
Gross rent
$41.0K $18.00/SF
− Vacancy
−$6.6K −$2.88/SF
EGI
$34.4K $15.12/SF
− OpEx
−$8.6K −$3.78/SF
NOI
$25.8K $11.34/SF
Area
Darlington County, SC
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,980
Cap Rate 7%
$368,557
Cap Rate 9%
$286,656

Alternative Uses

Best Use
Office B
$368.6K
$322.5K – $430.0K (±1% cap)
NOI $25,799 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.21M
$3.68M – $4.91M (±1% cap)
NOI $294,533 @ 7.0% cap · market cap 98.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Palmetto Wellness & Injury ... Alternative Medicine Practice John F. Bryan ... Alternative Medicine Practice All About Nails Nail Salon Gardner Law Firm Law Firm Etheridge Kevin R Law Firm

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Electrical Service Big Box & Wholesale 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.

Lease Details

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

Demographics for 29550, SC

30,013
Population
13,913
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
87%
High-School Grad
208.2 sq mi
ZIP Area
144
Density / Sq Mi
$54,191
Median Household Income
$36,518
Median Earnings
$851
Median Rent
$169,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Stucco office property with two established tenants and a separate area available for occupancy.
Where is this office building located?
The property is located at 331 S 4th Street Hartsville, SC.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,275‑square‑foot office building on approximately 0.32 acres; Three separate office areas within the building; Two office areas occupied by long‑term tenants
More about this property
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