Chamber-Inspired Office
For Sale
$495,000
400 Laurens St NW, Aiken, SC 29801
Corner-located office building with private parking, multiple offices, and restrooms for flexible professional use.
Property Size2,110 SF
Price / SF$234.60
Days on Market115
Property Features for 400 Laurens St NW
General Information
Standard status
Active
Size
2,110 SF
Total Parking Spaces
12
Building Details
Year Built
1978
Listing Agency:
Coward & McNeill Real Estate, LLC
Listed By:
Erin Truitt · License #134101
(803) 507-1098
Source:
Vandermorganrealty
Added: Jun 17
Changed: Sep 11
Last Checked: Oct 7 at 5:35PM
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 Coward & McNeill Real Estate, LLC
Investment Insights
Based on property information with market context.
Constructed in 1978, this office building offers 2,111 gross leasable square feet and a layout designed for professional operations. The interior includes an open entry area and an additional open multi-use area, plus an executive office and an additional office. Additional space is supported by multiple storage rooms, a break room/kitchenette, two restrooms, and a rear hallway. The property is professionally landscaped and irrigated, and the site is maintained for an organized, presentable setting.
The building is situated at the corner of Laurens Street and Abbeville Avenue at 400 Laurens Street NW in Aiken, SC. It benefits from corner placement and is served by a private parking lot with approximately twelve parking spaces on site.
This configuration is well suited for tenants seeking a mix of reception or open work areas along with separate offices and storage. The presence of dedicated restroom facilities, a break room/kitchenette, and multiple interior rooms provides practical day-to-day functionality for office users and professional services looking to purchase a ready-to-occupy building.
The building is situated at the corner of Laurens Street and Abbeville Avenue at 400 Laurens Street NW in Aiken, SC. It benefits from corner placement and is served by a private parking lot with approximately twelve parking spaces on site.
This configuration is well suited for tenants seeking a mix of reception or open work areas along with separate offices and storage. The presence of dedicated restroom facilities, a break room/kitchenette, and multiple interior rooms provides practical day-to-day functionality for office users and professional services looking to purchase a ready-to-occupy building.
Key Highlights
- Corner office building at Laurens St and Abbeville Ave, constructed in 1978
- 2,111 gross leasable square feet with flexible interior layout for professional use
- Includes open entry/general use area, open multi‑use area, executive and additional offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,767
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,340
$435.3K
Cap Rate 7%
$310,957
$311.0K
Cap Rate 9%
$241,856
$241.9K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$31.7K $15.00/SF
− Vacancy
−$2.6K −$1.25/SF
EGI
$29.0K $13.76/SF
− OpEx
−$7.3K −$3.44/SF
NOI
$21.8K $10.32/SF
Area
Aiken County, SC
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,340
Cap Rate 7%
$310,957
Cap Rate 9%
$241,856
Alternative Uses
Best Use
Office B
$311.0K
$272.1K – $362.8K
NOI $21,767 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$406.7K
$355.9K – $474.5K
NOI $28,470 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 29801, SC
27,613
Population
13,543
Households
2
Avg Household Size
41
Median Age
28%
College-Educated
84%
High-School Grad
88.9 sq mi
ZIP Area
311
Density / Sq Mi
$55,032
Median Household Income
$36,804
Median Earnings
$1,070
Median Rent
$163,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Corner-located office building with private parking, multiple offices, and restrooms for flexible professional use.
Where is this office building located?
The property is located at 400 Laurens St NW Aiken, SC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Corner office building at Laurens St and Abbeville Ave, constructed in 1978; 2,111 gross leasable square feet with flexible interior layout for professional use; Includes open entry/general use area, open multi‑use area, executive and additional offices
