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    221 Rutherford St Landrum, SC 29356

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    221 Rutherford St Landrum, SC 29356


    • Retail properties & Spaces
    • 0.41 lot acres
    Landrum Retail Investment Opportunity For Sale
    $875,000

    Landrum Retail Investment Opportunity

    Historic Downtown Landrum Retail Complex

    221 Rutherford St, Landrum, SC 29356
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Millstone Gallery / (Bike/Boat/Book/etc) Store
    • Page & Flame / (Bike/Boat/Book/etc) Store
    • The Shops At Lam / Shopping Center & Mall
    • Landrum Antique Mall / Home Decor Store / (Bike/Boat/Book/etc) Store
    • Design on Nine / Home Decor Store / Department Store

    Property Details for 221 Rutherford St

    Lot size
    0.41 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional investment opportunity presents a fully leased, 12,000 square foot retail complex in historic downtown Landrum, SC. The property comprises three interconnected buildings currently operating as a thriving antique mall and home dГ©cor shop, boasting a continuous operational history since approximately 1988. A renovated, fully furnished one-bedroom, one-bathroom apartment, complete with separate utilities and street access, occupies the second level of the central building. Recent upgrades include new HVAC systems in each building, new gutters, and roof sealing (2020). The property also includes a rear lot bordering Lodge Road, offering potential for additional parking and convenient rear building access. Each building features street-front entrances, with the main retail space operating through the central building. Building materials vary, showcasing hardwood floors, tile, concrete block walls, tin ceiling tiles, and engineered wood floors. The complex benefits from a prime location, just two miles from I-26, offering easy access to major cities and airports. The property enjoys high visibility, with an average daily traffic count of 10,900 (SC DOT, 2019), and proximity to outdoor recreation, equestrian facilities, and thriving shopping and dining destinations. Detailed utility costs and lease information are available upon request. This property offers a unique blend of history, functionality, and significant investment potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Landrum
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.1875
    Latitude
    35.1755
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    More about this property
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