Listed by Park Commercial Real Estate
$3,450,000
135 East Main
Details
APN 6271901007
Property Type Retail, Office
Sub Type Traditional Office, Executive Office
Square Footage 23,396
Units 2
Cap Rate 7.25%
NOI $250,000
Occupancy 95%
Tenancy Multi
Lease Type Modified
Remaining Term 7
Class B
Year Built 1901
Year Renovated 2024
Buildings 1
Acreage 0.270
Zoning DTWN
Ground Lease No
Historic McCrory Building | Available for Sale
Marketing description
Historic McCrory Building is For Sale in the heart of downtown Rock Hill. This building is recognized on the US Civil Rights Trail due to the Friendship Nine's sit in protest that occurred in the building in January 1961. The anchor Tenant on the 1st floor is the acclaimed Kounter Restaurant, Bar and Events Hall. The Friendship Nine counter is preserved and a focal point (with the same chairs in use) in the restaurant today. The 2nd floor is leased to several small office tenants with one vacancy on the front of the building. 2nd floor lease terms are short term allowing for a larger office user to occupy the floor later in 2026 or 2027.
Investment highlights
- Building is 95% leased with current in place annual NOI of $250,000
- Investor interested in owning a thriving office/retail building in the heart of downtown Rock Hill
- Office User Looking to Purchase a building with 1st floor fully leased for next 7 years to thriving Restaurant.
- Building on US Civil Rights Trail
- Extensive Updates have been made to the building in the last 3 years (including CAPEX items: Roof, HVAC and Common Areas)
Listing Contacts
Listed by Park Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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