Current Use by Public Records
- Retail properties & Spaces
Property Details for 211 Whitner St
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity presents a 4,600 square foot multi-tenant storefront located at 211 & 213 W Whitner St, Anderson, SC 29624. Currently 50% occupied, the property offers immediate income generation and significant value-add potential. The left side, approximately 1,800 square feet, is leased to a reliable tenant, MTS Office, under a lease extending to the end of 2024 with a renewal option, generating $1,800 monthly rent. The right side, approximately 2,800 square feet, will be vacant shortly, offering a blank canvas for a new tenant or expansion. This space features a blend of office and retail areas, including a sizable conference room in the rear. The property is situated on a high-visibility corridor, conveniently located near downtown Anderson. With a total asking price of $425,000, this translates to a price per square foot of $92.39, presenting a compelling investment opportunity for savvy buyers seeking a strong return on investment in a thriving South Carolina market. The property's prime location and existing tenancy make it an attractive proposition for both investors and owner-occupiers. The existing tenant's long-term presence demonstrates the property's desirability and potential for sustained rental income. Don't miss this chance to acquire a well-positioned retail property with immediate income and substantial upside.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.6525
- Latitude
- 34.5029
