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Property profile

8 Congress N St York, SC 29745

OFF-MARKET
Commercial real estate
Property ID
US77-1497068
View Sample
3,840 SF 0.21 ac lot
Individually Owned 16-yr Hold Free & Clear

Property summary

AI-generated overview

This stunning, fully renovated Georgian building at 8 Congress Street in historic downtown York, SC, presents a unique investment opportunity. Situated on a prominent corner lot facing York's main street, this property boasts three main-level commercial spaces, all currently leased, generating consistent income. A large commercial kitchen and four bathrooms add to the property's versatility. The building also includes a beautiful upstairs condo with two bedrooms and one bathroom, currently configured for short-term rentals, offering additional revenue streams. A free-standing tub and vanity in the second bedroom presents the potential for a second bathroom. The property is listed on the Historical Register, adding significant character and potential for preservation tax credits. Ample parking is available, including a private lot and additional off-street parking. The 0.39-acre lot provides significant space and visibility. This exceptional property offers a blend of historical charm, modern amenities, and strong rental income, making it an ideal investment for discerning buyers. The building's prime location and established tenant base ensure a stable and potentially growing return on investment. The combination of commercial and residential spaces provides flexibility and diverse income opportunities. This is a rare chance to acquire a piece of York's rich history while capitalizing on its vibrant commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,840 SF
Lot 0.21 ac (9,148 SF)
APN 070-04-01-002
UPID US77-1497068

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Hotel & Motel Resort

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$505k
Comparable Approach Comparable
$603k
Blend (final) Blend
$505k

Owner & transaction history

since 2010
4 recorded transactions
2016
Price N/A
2010
Price N/A
2005
$295,000
1969
Price N/A

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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