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Property profile & analytics
OFF-MARKET Estimated value $900,000
Specialty properties

401 Main St Anderson, SC 29621-5614

15,055 SF 0.44 ac lot Built 1908
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-0928035
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1908
Total area 15,055 SF
Lot 0.44 ac (19,200 SF)
APN 123-29-03-004
UPID US77-0928035
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
Current use
Occupant on record · Public records
  • Anderson SC City Empl FCU Credit Union
  • Gail Trotter - Coldwell Banker Caine Real Estate Agency
  • Anderson Purchasing Department City Government Office
  • Anderson Tax Collection City Tax Office
  • Anderson City Hall City Hall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
Anderson Post Office Qozb LLC · 4 yrs held
Anderson Post Office Qozb LLC
since 2021
Last sale
$900,000
5 recorded transactions
2021
$900,000
2019
$625,000
2013
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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