$1,499,999
( )
 $8,052 est/mo Sourced by Back At You

124 W Whitner St , Anderson, SC 29624

Anderson, SC 29624

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Description

Fantastic opportunity to purchase newly renovated retail space in booming downtown Anderson, SC. 122 and 124 W Whitner are offered for sale for the first time together. Combined the buildings are 10,400 sq ft of gross leasable area, and the first floor of both buildings are currently leased to two tenants: Taco Loco, a popular local Mexican restaurant, and Tifudi, a Thai fusion restaurant. Both leases are modified gross, Taco Loco’s (122 W Whitner) initial term expires on October 31, 2024 and they are currently paying $3,400/month. Tifudi’s (124 W Whitner) lease expires on May 31, 2025 and they are currently paying $3,713. There is an upstairs at 122 W Whitner that is being marketed for $1,650/month. Current gross monthly/yearly income- $7,113/ $85,356 Current Expenses- $6,000/year insurance, Taxes- (122) $7442.18/year, and (124) $9515.96/year = Approx. $22,958.14/year Estimated Current NOI = $62,397.86 Estimated Current Proforma NOI = $82,197.86 These buildings represent a tremendous opportunity to get a buy a piece of a rapidly expanding downtown for investors or owner users a like. Significant upside potential with this property. Call today with any questions or to schedule a showing.

Details

MLS#20275875
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site127
Listing Provided ByMcCoy Wright, Inc (24029) | Max Kinser

Features

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Western Upstate Association of REALTORS®.

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Contact

Learn More About This Property

Chris Stroble

Chris Stroble

Servus Realty Group

 (864) 320-4062Contact Me Form Link
StateSC
CountyAnderson
CityAnderson
Zip Code29624
Area105 Anderson County | SC
Listing VS Median (in 29624)
Price:
$1,499,999
low | high
Med:
$199,950
100% of Average
On Site:
127
low | high
Med:
202.500000
62.716049382716% of Average
Sourced by Back At You
Listing Updated: June 10, 2024 at 9:26:24 AM PDT

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Chris Stroble

451 Haywood Road
Greenville, SC 29607
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Chris Stroble  |  (864) 320-4062
Greenville - 451 Haywood Road, Greenville, SC 29607

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Greenville Association of REALTORS®.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Western Upstate Association of REALTORS®.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Spartanburg Association of REALTORS®.
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