401 Main St Anderson, SC 29621
- Specialty properties
- 15,055 SF
- 0.44 lot acres
Current Use by Public Records
- Anderson SC City Empl FCU / Federal Credit Union
- Gail Trotter - Coldwell Banker Caine / Real Estate Consultant
- Anderson Purchasing Department / City Government Office
- Anderson Tax Collection / City Tax Office
- Anderson City Hall / City Hall
Property Details for 401 Main St
- Year built
- 1908
- Lot size
- 0.44 lot acres
- Property size
- 15,055 SF
- Property type
- Specialty properties
- APN
- 123-29-03-004
- APU
- 1232903004
Description
This exceptional commercial property, "The Post," is a beautifully renovated 1908 building located at 401 N Main St, Anderson, SC 29621. The property consists of a single building situated on a 0.46-acre lot, totaling 12,000 square feet. Currently, one suite is available, offering approximately 3,123 square feet of ground-level retail space with direct access from Federal Street. A significant advantage is the exclusive use of an adjacent covered patio, adding approximately 1,615 square feet of outdoor space. This prime location places the property within easy walking distance of Main Street, making it highly visible and accessible to customers. The building underwent a complete renovation in 2023, offering a warm shell delivery ready for tenant build-out. Funding for tenant improvements (TIA) is available, providing an opportunity for collaboration in the space's customization. Ideal for a restaurant, cafe, or brew pub, this property presents a unique chance to establish a thriving business in a vibrant, historic setting. The property's location in Anderson, South Carolina, offers excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $895,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $895,000
- 7%
- $1,030,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $985,000
- Geo Method
- $975,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,160,000
- Retail
- $930,000
- Mixed-Use
- $1,145,000
- Hospitality
- $955,000
- Educational
- $940,000
- Residential Income
- $945,000
- Energy
- $875,000
- Income-Based Land
- $1,140,000
- Food Service
- $835,000
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.6511
- Latitude
- 34.5062
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
