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Property profile & analytics
OFF-MARKET Estimated value $590,000
Office buildings

303 Main St Pickens, SC 29671-2319

4,140 SF Built 1940
Entity Owned ~ Est. High Equity
Property ID
US77-0847382
Property summary
AI-generated overview

This exceptional 4,140 square foot, two-story mixed-use building, located at 303 E Main St in Pickens, South Carolina, presents a unique redevelopment opportunity. Currently zoned commercial, this Class B property boasts a rich history, having been built in 1940 and renovated in 2012. The building features two units across its two stories, offering versatile space ideal for a variety of uses. Envision a vibrant retail or restaurant space on the ground floor, complemented by apartments or office space upstairs. The asking price is $350,000, translating to $84.54 per square foot. With a net rentable area of 4,140 square feet, this property offers significant potential for return on investment. The property is currently occupied, but the tenant will vacate by the end of 2024, allowing for immediate redevelopment plans to commence. The anticipated occupancy date for new tenants is January 1, 2025. Located in the heart of downtown Pickens, this property benefits from its prime location and potential access to city tax incentives. The property's APN is 4181-16-84-1321. This is a chance to shape the future of downtown Pickens and create a thriving commercial space. Don't miss this chance to acquire a piece of Pickens' history and revitalize it for the future.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,140 SF
Zoning code CBD
APN 4181-16-84-1321
UPID US77-0847382
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$590k
Owner & transaction history
Panis Holdings LLC
Panis Holdings LLC
since 2026
2 recorded transactions
2026
$280,000
2012
$209,000
Zoning & alternative use
CBD · Pickens, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 406. - CBD, Central Business District. 406.1. Purpose and intent. In order to preserve vibrancy and activity along the CBD's street frontages and limit uses that do not operate on a daily basis and add to the street life of the area, the following use types are permitted to occupy storefronts within the district, which is defined as the front (or facade…

Zone name Central Business District
General category COMMERCIAL
Zone area 73.85 ac
Source code of ordinances
Top alternative use upside
Medical building $745,000 +28.3%
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