Leased Office
604 Front St Georgetown, SC 29440
604 Front St, Georgetown, SC, 29440
$1,000,000
For Sale
$1,000,000
Georgetown Executive Center offers 11 individually leased private office spaces with on-site tenant parking across from the George Hotel.
Property Size2,961 SF
Price / SF$337.72
Days on Market465
Property Features for 604 Front St
General Information
- Standard status
- Active
- Size
- 2,961 SF
Listing agency
Overton Executive Properties
(864) 884-3695
Listed by
Lauren Call · License #91617
(864) 884-3695
Source
Exprealty
Added: Apr 14, 2025 Updated: Jul 22 at 2:02AM Checked: Jul 22 at 9:16AM
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 Overton Executive Properties
Investment Insights
Based on property information with market context.
Georgetown Executive Center at 604 Front St includes 11 individually leased private office spaces within a single commercial property. The building is positioned to support a multi-tenant office setup, with current lease agreements in place to provide a consistent income stream.
The property is located on Front Street in the Core Commercial District for the City of Georgetown, directly across from the George Hotel. It also features a private parking lot for tenants. The remarks note proximity to downtown Georgetown’s retail, dining, and waterfront amenities, and the property lies within the historic district.
For regional accessibility, the location is described as near major thoroughfares connecting to Charleston (approximately 60 miles southwest) and Myrtle Beach (approximately 35 miles northeast), with the site also noted as within an eligible Opportunity Zone.
The property is located on Front Street in the Core Commercial District for the City of Georgetown, directly across from the George Hotel. It also features a private parking lot for tenants. The remarks note proximity to downtown Georgetown’s retail, dining, and waterfront amenities, and the property lies within the historic district.
For regional accessibility, the location is described as near major thoroughfares connecting to Charleston (approximately 60 miles southwest) and Myrtle Beach (approximately 35 miles northeast), with the site also noted as within an eligible Opportunity Zone.
Key Highlights
- Georgetown Executive Center includes 11 individually leased private office spaces.
- Private parking lot available for tenants.
- Located on Front Street directly across from the George Hotel.
Local Financial Insights For Office B
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 | $71.1k | $24.00 |
| − Vacancy | −$15.6k | −$5.28 |
| EGI | $55.4k | $18.72 |
| − OpEx | −$13.9k | −$4.68 |
| NOI | $41.6k | $14.04 |
2,961 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$593.9K
$519.7K – $692.9K
NOI $41,572 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.2K
$710.6K – $947.5K
NOI $56,851 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
RUSSELL BACH LLC
Accounting Firm
Beltone Hearing Aid ...
Hearing Aid Store
Continental Engines / Generators
Hardware & Home Improvement
Cobb Hammett LLC
Law Firm
Three Ring Focus
Advertising Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Georgetown Executive Center offers 11 individually leased private office spaces with on-site tenant parking across from the George Hotel.
Where is this office units located?
The property is located at 604 Front St Georgetown, SC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Georgetown Executive Center includes 11 individually leased private office spaces.; Private parking lot available for tenants.; Located on Front Street directly across from the George Hotel.
