111 Anderson Ave - Apartments FOR SALE


Anderson, SC 29625
$105,000 USD
864-824-1700
111 Anderson Ave, Anderson, SC for Sale
$105,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

111 Anderson Ave
Anderson, SC 29625


HIGHLIGHTS

  • High traffic area
  • Duplex or Office
  • Near downtown Anderson

OVERVIEW

LOCATION, LOCATION, LOCATION!! Investment property with endless opportunities now & in the future! With Anderson University and downtown Anderson just a mile away, this property would make a great DUPLEX with expected rental income at $1,000-$1,200 for each side per month. OR this property would make the perfect SHORT-TERM RENTAL. There is notable demand for suites or places for families to stay when in town for events and games at Anderson University, Clemson University, events at Bleckley Station, weddings, conferences, and more. Zoned NEIGHBORHOOD COMMERCIAL district, it's also permitted for use for as a business or OFFICE SPACE - ideally for a nonprofit, bookkeeping or accounting office, music studio, screen printing, beauty salon, doctors office, etc. Or, any small business office that focuses on service outside the office like insurance, carpet cleaner, inspectors, surveyor/drafting, marketing firm, consulting, real estate, etc. For a full list of permitted uses and restrictions, you need to contact Anderson City Planning and Development. This property is fully gutted and ready for you to define the space and remodel. You could build on the back of the property (final permitting and approval by the City of Anderson), but you cannot subdivide. Call to schedule your showing and tour with caution as there are exposed nails and wires and lose boards.

FOR SALE DETAILS

PRICE

$105,000 USD

PRICE/SF

$47 USD /SF

# OF UNITS

2

PRICE/UNIT

$52,500

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office or Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

Neighborhood Commercial

APN/PARCEL ID

123-26-11-006

ASK ABOUT THIS PROPERTY

Karen BinnarrBHHS C. Dan Joyner, REALTORSMore Info
864-824-1700

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Karen BinnarrBHHS C. Dan Joyner, REALTORSMore Info
864-824-1700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.