830 Front St, Georgetown, SC
Prime commercial buildings in historic Georgetown with significant tax incentives.
- Added:
- Feb 3, 2025
- Days on Market:
- 493
- Last Refresh:
- May 19 at 9:53 pm
Property Features for 830 Front St
General Information
- Standard status
- Active
- Size
- 47,712 SF
- Lot size
- 1.09 Acres
- Property subtype
- RETAIL
Listing agent Lauren Bremer License #320844
Listing office The Nichols Company (704) 373-9797
Listing date Feb 3, 2025
Source Moodyscre
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 The Nichols Company
HighLights
- Largest historic retail investment property on Front Street in Georgetown, South Carolina.
- Benefit from 55 private parking spaces, the only private parking lot in downtown Georgetown.
- Located in a TIF district and Opportunity Zone, offering significant tax incentives.
- Prime commercial buildings suitable for a hotel or condo project.
- Positioned in the heart of a growing tourist destination with a vibrant local economy.
- Surrounded by beautifully preserved architecture and a thriving waterfront community.
Overview
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 | $858.8k | $18.00 |
| − Vacancy | −$42.9k | −$0.90 |
| EGI | $815.9k | $17.10 |
| − OpEx | −$244.8k | −$5.13 |
| NOI | $571.1k | $11.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.2844
- Latitude
- 33.3674
