222 Main St Walhalla, SC 29691
- Retail space
- 28,040 SF
- 0.34 lot acres
Current Use by Public Records
- Retail space
Property Details for 222 Main St
- Year built
- 1925
- Lot size
- 0.34 lot acres
- Property size
- 28,040 SF
- Property type
- Retail space
- APN
- 500-19-04-007
- APU
- 5001904007
Description
This exceptional mixed-use property, located at 222 E Main St in Walhalla, South Carolina, presents a unique redevelopment opportunity. The 16,515-square-foot building, constructed in 1925 and extensively renovated in 2023, sits on a 0.34-acre lot (APN 500-19-04-007) and boasts a prime downtown location. Currently vacant, this two-story building offers incredible versatility with permitted commercial zoning. The property features three units and is ideal for a variety of uses, including hotel, restaurant, retail, or a combination thereof. The expansive 30-foot ceilings on the second floor offer significant potential for expansion or adaptive reuse. The asking price is $875,000 ($52.98/sq ft). Owner financing is available. This is a rare chance to acquire a substantial, renovated building in a desirable location with significant upside potential. The property's central location in Walhalla, near Seneca and major mountain routes (via Hwy 28), ensures high visibility and accessibility. This is a truly one-of-a-kind opportunity to create a thriving business or investment portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $125,000
- 6.5%
- $115,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $135,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $105,000
- Mixed-Use
- $135,000
- Hospitality
- $130,000
- Educational
- $115,000
- Residential Income
- $130,000
- Energy
- $130,000
- Income-Based Land
- $115,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- Walhalla
- County
- Oconee
- State
- South Carolina
- Longitude
- -83.0634
- Latitude
- 34.7641
- CBSA code
- 42860
- CBSA name
- SENECA, SC MICROPOLITAN STATISTICAL AREA