Historic Downtown Storefront
For Sale
Under Contract
$130,000
7 E Liberty Street, York, SC 29745
Commercial Sale, York, SC
Property Size337 SF
Lot Size0.02 Acres
Price / SF$385.76
Days on Market50
Property Features for 7 E Liberty Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BD
View
City
Standard status
Active Under Contract
APN
070-04-01-032
Lot size
0.02 Acres
Taxes and HOA fees
Tax Description
E LIBERTY ST LOT 5
Legal Description
E LIBERTY ST LOT 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall Unit(s)
Amenities
street-front entrance
display window
open interior
existing sink/plumbing
separate rear entrance
Building Details
Year built
1920
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Brick Partial
Roof type
Flat
Listing Agency:
Homeland Realty Group LLC
(803) 818-5362
Listed By:
Danielle Childers · License #74226
(803) 370-5364
Added: Aug 6
Changed: Sep 20
Last Checked: Sep 24 at 7:06AM
MLS# 4411584
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 337+/- square-foot storefront property at 7 E Liberty Street provides a compact commercial layout with an open interior, street-level entry, display window, and separate access at the rear. Existing sink and plumbing support the current buildout, while concrete flooring, wall-unit cooling, a flat roof, block construction, and partial brick construction are also in place. The building dates to 1920 and is served by public sewer, with cable available.
The property sits within York’s National Register Historic District and the National Register of Historic Places listing associated with the downtown area dates to 1979. B-1 Central Business District zoning and the storefront configuration support a range of commercial applications subject to City approval. The parcel measures 0.02 acres and is located in York, South Carolina.
The property sits within York’s National Register Historic District and the National Register of Historic Places listing associated with the downtown area dates to 1979. B-1 Central Business District zoning and the storefront configuration support a range of commercial applications subject to City approval. The parcel measures 0.02 acres and is located in York, South Carolina.
Key Highlights
- 337+/- sq. ft. commercial storefront
- B‑1 Central Business District zoning
- Located within York’s National Register Historic District
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$4,557
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$91,140
$91.1K
Cap Rate 7%
$65,100
$65.1K
Cap Rate 9%
$50,633
$50.6K
Market Conditions
NOI Build-Up for 337 SF
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.
Gross rent
$6.8K $20.04/SF
− Vacancy
−$243 −$0.72/SF
EGI
$6.5K $19.32/SF
− OpEx
−$2.0K −$5.80/SF
NOI
$4.6K $13.52/SF
Area
York County, SC
Vacancy
3.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$91,140
Cap Rate 7%
$65,100
Cap Rate 9%
$50,633
Alternative Uses
Best Use
Retail
$65.1K
$57.0K – $76.0K
NOI $4,557 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$79.2K
$69.3K – $92.5K
NOI $5,547 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Tony's Pizza
Dining
1,537 visits/mo
0.2 miles
Demographics for 29745, SC
32,602
Population
13,765
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
135.8 sq mi
ZIP Area
240
Density / Sq Mi
$75,665
Median Household Income
$42,676
Median Earnings
$961
Median Rent
$242,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing commercial space with display glazing, separate rear access, and B-1 Central Business District zoning.
Where is this storefront property located?
The property is located at 7 E Liberty Street York, SC.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 337+/- sq. ft. commercial storefront; B‑1 Central Business District zoning; Located within York’s National Register Historic District
