Property profile

222 E Main St Walhalla, SC 29691

FOR SALE
Retail space
Property ID
US77-1922990
28,040 SF 0.34 ac lot Built 1925
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 28,040 SF
Lot 0.34 ac (14,810 SF)
APN 500-19-04-007
UPID US77-1922990

Cap rate & NOI

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

Location

222 E Main St Walhalla, SC 29691
Walhalla metro Census 30403 SENECA, SC MICROPOLITAN 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
$150k

Owner & transaction history

since 2022
Last sale
$200,000
5 recorded transactions
2022
$200,000
2021
Price N/A
2021
$35,000
2021
$85,000
2019
$200,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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