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    OFF-MARKET
    Retail space

    222 Main St, Walhalla, SC 29691-1927

    28,040 SF 0.34 ac lot Built 1925
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US77-1922990
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Owner & transaction history
    222 E Main LLC · 4 yrs held
    222 E Main LLC
    since 2022
    Last sale
    $200,000
    5 recorded transactions
    2022
    $200,000
    2021
    2021
    $35,000
    2021
    $85,000
    2019
    $200,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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