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Property profile & analytics
FOR SALE
Office buildings

212 E Main St Walhalla, SC 29691

1,855 SF 0.06 ac lot Built 1925
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US77-1618207
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-story, 6,130 square foot multi-tenant building ideally situated on East Main Street in the heart of historic downtown Walhalla, South Carolina. The property, encompassing Oconee County Parcel IDs 500-19-04-005 and 500-19-04-006, boasts multiple storefronts, each benefiting from high ceilings, exposed brick, and large windows that flood the spaces with natural light. Recent renovations and upgrades have tastefully blended historic charm with modern conveniences. The building's prime location ensures high visibility, with prominent street-level signage directly on Main Street. Convenient on-site parking is available in front of the building, while readily accessible public city parking is located directly behind, providing ample space for customers and employees. Currently occupied by successful local tenants, this property offers a strong existing income stream with potential for lease extensions. The thriving downtown area is experiencing rapid growth, with numerous new businesses establishing themselves nearby, indicating a robust and expanding market. This presents a rare chance to acquire a well-maintained, income-producing property in a desirable and rapidly developing location. The asking price is $1,300,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Total area 1,855 SF
Lot 0.06 ac (2,614 SF)
APN 500-19-04-005
UPID US77-1618207
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
  • The Casbah Furniture & Home Goods Home Decor Store
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
Mountain Ridge Consulting LLC · 7 yrs held
Mountain Ridge Consulting LLC
since 2018
5 recorded transactions
2023
Price N/A
2020
Price N/A
2018
$85,000
2013
$41,700
2013
$32,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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