Historic Event Venue with Commercial
514 Rutledge Street, Camden, SC 29020
For Sale
$995,000
COMMERCIAL/INDUSTRIAL, Camden, SC
Property Size6,117 SF
Price / SF$162.66
Days on Market47
Property Features for 514 Rutledge Street
General Information
Property type
Property subtype
Zoning
Parking
Directions
Subdivision
Standard status
Size
Utilities
Cooling system
Building Details
Floors in Building
Roof type
Listing Agency:
Peace Sotheby's International Realty
(843) 237-7711
Listed By:
Jeanene Campbell
(843) 325-6069
Added: Sep 21
Changed: Oct 2
Last Checked: Nov 6 at 4:06PM
MLS# 643448
Copyright © 2026 Consolidated MLS, SC. 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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Investment Insights
Based on property information with market context.
This 6,117-square-foot brick building in Camden’s downtown commercial district was renovated in 2023 for event venue and commercial catering use. The property includes an approximately 1,500-square-foot main dining room, more than 1,000 square feet spanning the custom bar and upper dining area, a front reception area, two separate restrooms, covered outdoor dining, and storage and office space.
The commercial kitchen exceeds 900 square feet and includes multiple cooktops and grills, an exhaust system, commercial dishwashing equipment, two walk-in coolers, and dedicated prep areas. Three front entrances are complemented by a side and rear service entry. Recent work included roof resurfacing, HVAC component replacement, electrical and plumbing updates, and cosmetic improvements. The property is zoned CBD, sits one block from Broad Street, adjoins the Town Green event area, and has access to street parking along Rutledge Street and City of Camden public parking beside much of the property.
The commercial kitchen exceeds 900 square feet and includes multiple cooktops and grills, an exhaust system, commercial dishwashing equipment, two walk-in coolers, and dedicated prep areas. Three front entrances are complemented by a side and rear service entry. Recent work included roof resurfacing, HVAC component replacement, electrical and plumbing updates, and cosmetic improvements. The property is zoned CBD, sits one block from Broad Street, adjoins the Town Green event area, and has access to street parking along Rutledge Street and City of Camden public parking beside much of the property.
Key Highlights
- 6,117‑square‑foot early 1900s brick building renovated in 2023
- Commercial kitchen exceeding 900 square feet
- Includes multiple cooktops/grills, exhaust system, dishwashing station, and two walk‑in coolers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,685
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,493,700
$1.5M
Cap Rate 7%
$1,066,929
$1.1M
Cap Rate 9%
$829,833
$829.8K
Market Conditions
NOI Build-Up for 6,117 SF
Gross rent
$112.3K $18.36/SF
− Vacancy
−$5.6K −$0.92/SF
EGI
$106.7K $17.44/SF
− OpEx
−$32.0K −$5.23/SF
NOI
$74.7K $12.21/SF
Area
Kershaw County, SC
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,493,700
Cap Rate 7%
$1,066,929
Cap Rate 9%
$829,833
Alternative Uses
Best Use
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $98,848 @ 7.0% cap · market cap 9.93%
Second Best
Industrial
$1.07M
$933.6K – $1.24M
NOI $74,685 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,438 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
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Business Placement
Demographics for 29020, SC
23,264
Population
11,324
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
89%
High-School Grad
232.7 sq mi
ZIP Area
100
Density / Sq Mi
$59,389
Median Household Income
$38,329
Median Earnings
$842
Median Rent
$208,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Renovated downtown facility with dining, event, catering, and covered outdoor areas.
Where is this commercial kitchen located?
The property is located at 514 Rutledge Street Camden, SC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,117‑square‑foot early 1900s brick building renovated in 2023; Commercial kitchen exceeding 900 square feet; Includes multiple cooktops/grills, exhaust system, dishwashing station, and two walk‑in coolers
