Property profile

106 Chester St Chesnee, SC 29323

OFF-MARKET
Office buildings
Property ID
US77-0818718
1,771 SF 0.05 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 106 Chester in the heart of Chesnee, South Carolina, presents a unique investment opportunity. Priced at $125,000, this versatile building offers 0.05 acres of land and boasts two distinct units, each with its own private bathroom. This dual-unit setup is perfect for a single business requiring separate spaces or for two independent ventures seeking a shared location. The convenience of two separate front entrances enhances accessibility and creates a distinct identity for each unit. One unit includes a dedicated storage area, adding significant functionality and practicality. Ample off-street parking is conveniently located directly in front of the building, ensuring easy access for customers and employees. Situated in the vibrant downtown area of Chesnee, this property benefits from high visibility and foot traffic, making it an ideal location for a variety of businesses. The property's size is not specified, but its layout and features make it a highly attractive option for entrepreneurs and investors seeking a well-positioned commercial space in a thriving community. This is a rare opportunity to acquire a well-maintained, versatile commercial building in a desirable downtown location. Don't miss out on this chance to establish your business in a thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Total area 1,771 SF
Lot 0.05 ac (2,090 SF)
APN 2-1410-01701
UPID US77-0818718

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 Chester St Chesnee, SC 29323-1512
Chesnee metro Census 22303 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2022
Last sale
$65,000
2 recorded transactions
2022
$65,000
2008
$62,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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