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Property profile & analytics
OFF-MARKET
Office buildings

1705 Main St Anderson, SC 29621-4761

1,459 SF 0.36 ac lot Built 1981
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US77-1225758
Property summary
AI-generated overview

This exceptional Class A office building, located at 1705 N Main St in Anderson, South Carolina, presents a compelling investment opportunity. The 1,459 square foot property is currently leased to 1st Capital Consumer and Title Loans, a long-term tenant occupying the entire space. The lease, expiring May 31, 2026, generates a substantial monthly rent of $1,784, translating to an annual rent of $21,408. Annual expenses are estimated at $4,513, resulting in a strong net operating income (NOI) of $16,895. This translates to an attractive cap rate of 6.57%. The asking price for this prime commercial real estate is $257,000, offering a price per square foot of $176.15. Situated on a highly desirable corridor in Anderson, this property represents a secure investment with significant potential for future growth. The property's location in Anderson County, South Carolina, zip code 29621, provides easy access to key transportation routes and local amenities. This is a rare chance to acquire a well-performing, established office building in a thriving market. The building's strong tenant history and favorable lease terms make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 1,459 SF
Lot 0.36 ac (15,680 SF)
APN 123-26-11-009
UPID US77-1225758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 1st Capital Finance Loan Service
  • 1st Capital Credit Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Artem Teterin · 1 yrs held
Artem Teterin
since 2025
Last sale
$300,000
3 recorded transactions
2025
$300,000
2021
$15,000
2016
$15,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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