509 Lewis St Pickens, SC 29671
- Office buildings
- 3,800 SF
- 0.68 lot acres
Current Use by Public Records
- Home Health Services / Public Health Department
Property Details for 509 Lewis St
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 0.68 lot acres
- Property size
- 3,800 SF
- Zone code
- GBD
- Property type
- Office buildings
- APN
- 4181-16-92-1577
- APU
- 418116921577
Description
This exceptional commercial property, situated in the heart of downtown Pickens, South Carolina, presents a unique investment opportunity. The building boasts a prominent location on a 0.68-acre lot at 509 S Lewis Street. Its exterior showcases a classic brick and wood-frame design. The property features two existing ground floor levels, offering ample space for a variety of commercial uses. Currently undergoing renovations, the building includes four bathrooms—two on each level—which are being updated. The lower-level kitchen is also under renovation. Existing carpeting has been removed, allowing for the installation of flooring to suit the buyer's preferences. Several interior rooms have been thoughtfully enlarged to maximize functionality. Significant on-site parking is available, catering to the needs of both ground floor levels. A significant added benefit is the presence of a third, unfinished level, comprising approximately 1400 square feet, offering substantial potential for expansion or additional usable space. This property's prime downtown location, combined with its ongoing renovations and versatile layout, makes it an ideal investment for discerning buyers seeking a high-impact commercial space in a thriving South Carolina community. The asking price is $895,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $490,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $570,000
- Retail
- $615,000
- Mixed-Use
- $510,000
- Hospitality
- $490,000
- Educational
- $520,000
- Residential Income
- $515,000
- Energy
- $465,000
- Income-Based Land
- $595,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Pickens
- County
- Pickens
- State
- South Carolina
- Longitude
- -82.7031
- Latitude
- 34.8795
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA