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Corner Mixed-Use Property
New
For Sale
$750,000

900 Main Street S, New Ellenton, SC 29809

Commercial Sale, New Ellenton, SC

Property Size10,000 SF
Lot Size4.51 Acres
Price / SF$75
Days on Market1

Property Features for 900 Main Street S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description UD
Interior features Wet Bar, Vaulted Ceiling(s), Cable Available, Ceiling Fan(s)
Fencing Privacy
Lot features Corner Lot, Corner Lot
Directions Take Main street south in New Ellenton, coming from Aiken, Property will be on your right just before stop light at Main St S and Hwy 278
Subdivision SW
Standard status Active
APN 1430514001
Size 10,000 SF
Lot size 4.51 Acres

Taxes and HOA fees

Tax Description W/S Of Hwy 19
Legal Description W/S Of Hwy 19

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Heat Pump (Heating), Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1967
Floors in Building 1
Building materials Metal Siding, Steel Beam
Roof type Metal
Additional Structures Guest House
Listing Agency: Meybohm Commercial Properties
Listed By: Alex Hendry · License #137049
Added: Oct 13 Last Checked: Oct 13 at 7:06PM
MLS# 226017

Copyright © 2026 Aiken Association of REALTORS®. 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 mixed-use property combines a restaurant, warehouse, office or apartment space, and a separate garage apartment. The restaurant includes a commercial kitchen, two built-in bars, dining and event areas, and a covered patio with a detached restroom building. The warehouse has insulated walls and ceiling, two roll-up doors, and a framed office area. Finished office or apartment space and a standalone apartment with an attached storage garage round out the improvements. The main metal building dates to 1967, with an expansion in 1990; it has central HVAC in the restaurant and office or apartment areas. The site also has a concrete front lot, private septic, and public water.

The 4.51-acre corner parcel sits at the signalized meeting of S Main Street (SC-19) and Williston Road (US-278), just outside a main Savannah River Site gate. Zoned UD (Urban Development), it allows general and neighborhood commercial, residential, and light manufacturing uses. The property is outside the 100-year flood plain.

Key Highlights

  • 4.51‑acre corner parcel at S Main Street (SC‑19) and Williston Road (US‑278)
  • Restaurant space of +/-5,320 SF with commercial kitchen, two built‑in bars, dining and event areas
  • Warehouse of +/-2,080 SF with about 14' eaves and two 10' roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,533
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,660 $1.2M
Cap Rate 7%
$864,757 $864.8K
Cap Rate 9%
$672,589 $672.6K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$75.6K $7.56/SF
− Vacancy
−$4.4K −$0.44/SF
EGI
$71.2K $7.12/SF
− OpEx
−$10.7K −$1.07/SF
NOI
$60.5K $6.05/SF
Area
Aiken County, SC
Vacancy
5.80%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,660
Cap Rate 7%
$864,757
Cap Rate 9%
$672,589

Alternative Uses

Best Use
Mixed Use
$1.13M
$987.2K – $1.32M (±1% cap)
NOI $78,975 @ 7.0% cap · market cap 10.53%
Second Best
Warehouse
$864.8K
$756.7K – $1.01M (±1% cap)
NOI $60,533 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $134,928 @ 7.0% cap · market cap 17.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Joe's Bar and Grill Bar & Pub

Suggested Use

Top Pick Auto Repair Shop Bakery Butcher Daycare Center Restaurant Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 29809, SC

2,262
Population
1,080
Households
2.1
Avg Household Size
41
Median Age
19%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
419
Density / Sq Mi
$56,042
Median Household Income
$37,172
Median Earnings
$695
Median Rent
$128,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four distinct spaces span restaurant, residential, office, and warehouse functions on a signalized corner parcel.
Where is this mixed-use property located?
The property is located at 900 Main Street S New Ellenton, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4.51‑acre corner parcel at S Main Street (SC‑19) and Williston Road (US‑278); Restaurant space of +/-5,320 SF with commercial kitchen, two built‑in bars, dining and event areas; Warehouse of +/-2,080 SF with about 14' eaves and two 10' roll‑up doors
More about this property
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