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1705 N Main St
Anderson, SC 29621

Office Property For Sale

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Executive Summary

Available for Sale ($257,000)
Welcome to 1705 North Main St. This building is home to 1st Capital Consumer and Title Loans and has been for numerous years. This Tenant occupies the entire space totaling in 1,459 SF. This piece of property is a great Investment opportunity to own Real Estate on one of the best corridors in Anderson.
Contact the Listing Broker for Details.
1st Capital Consumer is currently paying $1,784/month. This Lease Expires on May 31, 2026.
Annual Rent - $21,408.00
Expenses - $4,513.00
NOI - $16,895.00
Cap Rate - 6.57%

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Building Size

1,584 SF

Building Class

Year Built

1981

Price

£201,090

Price Per SF

£127

Net Initial Yield

6.57%

NOI

£13,212

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Typical Floor Size

1,584 SF

Building FAR

0.10

Land Acres

0.36 AC

Parking

10 Spaces (6.31 Spaces per 1,000 SF Leased)

Amenities

Signage

PROPERTY TAXES

Parcel Number	123-26-11-009	Improvements Assessment	£5,172
Land Assessment	£3,106	Total Assessment	£8,278

PROPERTY TAXES

Parcel Number

123-26-11-009

Land Assessment

£3,106

Improvements Assessment

£5,172

Total Assessment

£8,278

Listing ID: 32015895
Date on Market: 04/06/2024
Last Updated:
Address: 1705 N Main St, Anderson, SC 29621

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