Rock Hill Mixed-Use
624 Saluda Street Rock Hill, SC 29730
624 Saluda Street, Rock Hill, SC, 29730
$515,000
For Sale
$515,000
Renovated mixed-use property in Rock Hill's Saluda Street corridor.
Property Size2,100 SF
Price / SF$245.24
Days on Market175
Property Features for 624 Saluda Street
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing Agency
GOLDENEYE REALTY, LLC
(803) 985-7200
Listed by
GARRETT RAST
Source
Corcoran
Added: Jan 26 Checked: Jul 19 at 4:44 am
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 GOLDENEYE REALTY, LLC
Investment Insights
Based on property information with market context.
This property presents an investment opportunity in Rock Hill's Saluda Street corridor. It features 2100 square feet of renovated space. The property is zoned "Mixed Use Corridor" (MUC), which allows for various business applications, including office, personal services, and retail. It offers private parking and convenient access to the downtown area, as well as proximity to multiple I-77 access points. The location on Saluda Street provides visibility. The property is currently occupied.
Key Highlights
- 2100 sq ft of renovated space.
- "Mixed Use Corridor" zoning allows for a variety of business uses (office, retail, personal services, etc.).
- Excellent visibility on Saluda Street.
Local Financial Insights For Retail
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 | $42.1k | $20.04 |
| − Vacancy | −$1.5k | −$0.72 |
| EGI | $40.6k | $19.32 |
| − OpEx | −$12.2k | −$5.80 |
| NOI | $28.4k | $13.52 |
2,100 SF · lease $20.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$405.7K
$355.0K – $473.3K
NOI $28,398 @ 7.0% cap · market cap 5.51%
Second Best
Office B
$399.7K
$349.8K – $466.4K
NOI $27,981 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$493.8K
$432.1K – $576.2K
NOI $34,569 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
HireQuest Direct of Rock ...
Employment Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Renovated mixed-use property in Rock Hill's Saluda Street corridor.
Where is this mixed-use property located?
The property is located at 624 Saluda Street Rock Hill, SC.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2100 sq ft of renovated space.; "Mixed Use Corridor" zoning allows for a variety of business uses (office, retail, personal services, etc.).; Excellent visibility on Saluda Street.
