113 Court St
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113 Court St
2,464 SF 100% Leased Office Building Pickens, SC 29671 $350,000 ($142/SF)
Investment Highlights
- Located across the street from the Pickens County Courthouse
- Tenant occupying main building. Lease signed 1/2021-12/2025
- Perfect for a Law office
- 2nd building available for rent! 540+ sq ft @ $650 a month!!!
Executive Summary
Great investment property! Commercial Office building next to the Pickens County Court House featuring two units for additional rental income. Call Cindy Fox Miller & Associates @ 864-269-7000. This is not your ordinary office. 113 Court Street features soaring wood ceilings & solid wood beams, brick wall accents & flooring, plus a double brick fireplace in one of the lobbies. The 3 interior offices offer a similar style with solid wood moldings & trim. The main hall of glass windows overlooks a private brick courtyard adding extra light. A spacious meeting room and conference room offer flexibility in the main building floor plan along with a kitchenette, one full & one-half bath, computer room, open work areas & a beautiful reception area. Ample parking is available.
The 2nd Unit has 2 offices with vaulted wood ceilings, 2 baths, storage, reception area & two entrances. Parking at back of the building. Both spaces have been leased until 2025.
The 2nd Unit has 2 offices with vaulted wood ceilings, 2 baths, storage, reception area & two entrances. Parking at back of the building. Both spaces have been leased until 2025.
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$25,800
|
$10.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,000
|
$2.44
|
| Effective Gross Income |
$19,800
|
$8.04
|
| Taxes |
$2,000
|
$0.81
|
| Operating Expenses |
$1,000
|
$0.41
|
| Total Expenses |
$3,000
|
$1.22
|
| Net Operating Income |
$16,800
|
$6.82
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $25,800 |
| Annual Per SF | $10.47 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $6,000 |
| Annual Per SF | $2.44 |
| Effective Gross Income | |
|---|---|
| Annual | $19,800 |
| Annual Per SF | $8.04 |
| Taxes | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.81 |
| Operating Expenses | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.41 |
| Total Expenses | |
|---|---|
| Annual | $3,000 |
| Annual Per SF | $1.22 |
| Net Operating Income | |
|---|---|
| Annual | $16,800 |
| Annual Per SF | $6.82 |
Property Facts
Sale Type
Investment
Property Type
Building Size
2,464 SF
Building Class
B
Year Built
1976
Price
$350,000
Price Per SF
$142
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,400 SF
Building FAR
0.35
Lot Size
0.16 AC
Zoning
CBD
Parking
6 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Accent Lighting
- Storage Space
- Central Heating
- Fully Carpeted
- High Ceilings
- Natural Light
- Reception
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 4181-16-84-2091 | Total Assessment | $8,420 (2024) |
| Land Assessment | $1,900 (2024) | Annual Taxes | $2,000 ($0.81/SF) |
| Improvements Assessment | $6,520 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
4181-16-84-2091
Land Assessment
$1,900 (2024)
Improvements Assessment
$6,520 (2024)
Total Assessment
$8,420 (2024)
Annual Taxes
$2,000 ($0.81/SF)
Tax Year
2021
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113 Court St
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