Auto Shop with Two
505 York Street NE, Aiken, SC 29801
For Sale
New
$489,000
Commercial Sale, Aiken, SC
Property Size7,914 SF
Lot Size0.75 Acres
Price / SF$61.79
Days on Market1
Property Features for 505 York Street NE
General Information
Property type
Property subtype
Zoning description
Interior features
Fencing
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX Tattersall Group · RE/MAX International
(803) 226-0036
Listed By:
Tad D Barber · License SC #2264
(803) 439-6559
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 226514
Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 7,914-square-foot main building and two outbuildings of about 800 square feet each. All three structures are occupied by tenants. Built in 1945, the main building has clear-span construction, concrete flooring, forced-air heat, and central air conditioning. The roof has received repairs and does not leak. The site measures 0.75 acres, with public water and sewer service and utilities available. Chain-link fencing surrounds the property.
Key Highlights
- 7,914‑square‑foot main building with two outbuildings of about 800 square feet each
- All three buildings are tenant occupied
- 0.75‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,051
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,020
$721.0K
Cap Rate 7%
$515,014
$515.0K
Cap Rate 9%
$400,567
$400.6K
Market Conditions
NOI Build-Up for 7,914 SF
Gross rent
$55.1K $6.96/SF
− Vacancy
−$3.6K −$0.45/SF
EGI
$51.5K $6.51/SF
− OpEx
−$15.5K −$1.95/SF
NOI
$36.1K $4.56/SF
Area
Aiken County, SC
Vacancy
6.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,020
Cap Rate 7%
$515,014
Cap Rate 9%
$400,567
Alternative Uses
Best Use
Retail
$1.09M
$955.3K – $1.27M
NOI $76,423 @ 7.0% cap · market cap 15.63%
Second Best
Industrial
$515.0K
$450.6K – $600.9K
NOI $36,051 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$1.53M
$1.33M – $1.78M
NOI $106,782 @ 7.0% cap · market cap 21.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
593
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Carquest K&D Auto Parts
Shops & Services
593 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Binswanger Glass — Aiken, SC 29801
- Eastside Automotive & Towing — 195 Beaufort St NE, Aiken, SC 29801
- York Street Tire Pros — 525 York St NE, Aiken, SC 29801
- Aiken Paint & Body — 642 York St NE, Aiken, SC 29801
- TLC Transmissions & Auto Repair — 760 york st ne, aiken, sc 29801
Frequently Asked Questions
What type of property is this?
Auto shop - Three occupied structures provide existing tenant income on a single commercial parcel.
Where is this auto shop located?
The property is located at 505 York Street NE Aiken, SC.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 7,914‑square‑foot main building with two outbuildings of about 800 square feet each; All three buildings are tenant occupied; 0.75‑acre site
