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Multi-Building Storefront Property
For Sale
$1,890,000

949-951 Dougherty Street, Aiken, SC 29803

Commercial Sale, Aiken, SC

Property Size6,575 SF
Lot Size2.12 Acres
Price / SF$287.45
Days on Market275

Property Features for 949-951 Dougherty Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description UD
Parking 50
Security features Security System
Lot features Corner Lot, Corner Lot
Directions From downtown Aiken Take whiskey Rd to Doughtery Rd. Right onto Doughtery Rd then proceed to property on the left.
Subdivision SW
Standard status Active
APN 1062004004, 005, 006, 007, 008
Size 6,575 SF
Lot size 2.12 Acres

Taxes and HOA fees

Tax Description Lot 1 Blk O Millbrook
Legal Description Lot 1 Blk O Millbrook

Utilities

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

Building Details

Year built 2017
Floors in Building 1
Flooring type Vinyl, Concrete
Building materials Metal Siding, Block, Frame, Wood Siding
Roof type Metal
Listing Agency: RE/MAX Tattersall Group · RE/MAX International
Listed By: Tad D Barber · License #2264
Added: Jan 14 Changed: Oct 2 Last Checked: Oct 16 at 3:06AM
MLS# 221305

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.

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Investment Insights

Based on property information with market context.

This storefront property comprises multiple buildings totaling 6,575 square feet across a 2.12-acre parcel. The improvements were built in 2017 and include metal siding, block, frame, and wood siding construction, with concrete and vinyl flooring. Building systems include central air, heat pump heating, a metal roof, public water, and septic service.

The property is positioned along Dougherty Street in south Aiken, within Aiken County rather than the city limits. Existing buildings are leased and occupied, and the owner has indicated willingness to lease back. Showings are available by appointment, with an NDA potentially required for access to financial information.

Key Highlights

  • 6,575‑square‑foot property on 2.12 acres
  • Multiple buildings with existing leased and occupied space
  • Located along Dougherty Street in south Aiken

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,492
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,840 $1.3M
Cap Rate 7%
$907,029 $907.0K
Cap Rate 9%
$705,467 $705.5K
Market Conditions
NOI Build-Up for 6,575 SF
Gross rent
$94.7K $14.40/SF
− Vacancy
−$4.0K −$0.60/SF
EGI
$90.7K $13.80/SF
− OpEx
−$27.2K −$4.14/SF
NOI
$63.5K $9.66/SF
Area
Aiken County, SC
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,840
Cap Rate 7%
$907,029
Cap Rate 9%
$705,467

Alternative Uses

Best Use
Retail
$907.0K
$793.7K – $1.06M (±1% cap)
NOI $63,492 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,715 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby
294k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 52% Superstores 32% Shops & Services 13% Dining 1%
Walmart Superstores
95,186 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
54,981 visits/mo 0.4 miles
T.J. Maxx Apparel
48,277 visits/mo 0.4 miles
Circle K Shops & Services
24,078 visits/mo 0.5 miles
Ross Dress for Less Apparel
22,146 visits/mo 0.4 miles

Demographics for 29803, SC

40,056
Population
17,920
Households
2.2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
127.5 sq mi
ZIP Area
314
Density / Sq Mi
$82,933
Median Household Income
$42,961
Median Earnings
$1,146
Median Rent
$271,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Kroger Floral — 1795 Whiskey Rd, Aiken, SC 29803

Frequently Asked Questions

What type of property is this?
Storefront property - Occupied commercial improvements on a sizable Dougherty Road parcel with public water and convenient county location.
Where is this storefront property located?
The property is located at 949-951 Dougherty Street Aiken, SC.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 6,575‑square‑foot property on 2.12 acres; Multiple buildings with existing leased and occupied space; Located along Dougherty Street in south Aiken
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