Premium Investment Opportunity on Abbeville's Historic Square
Net Operating Income (NOI): $88,140 annually
Total Square Footage: 7,800+ sqft
Mixed-Use Property:
Residential (Upper Level):
4 Apartments - 2x 2BR/1BA and 2x 1BR/1BA
Commercial (Ground Floor):
2 Commercial Units, each featuring private bathrooms
Additional Garage Space: Potential for expansion into rentable space, already contains a bathroom
Additional Buildable Rear Lot: Potential for expansion, parking, building, or other revenue streams. A 0.38ac lot behind the subject property is included with sale.
Fully Leased & Updated: All units currently rented, providing immediate and consistent cash flow. Property meticulously updated, ensuring minimal near-term capital expenditures. One commercial HVAC unit replaced in 2021, one residential HVAC unit replaced in 2021, one residential HVAC unit replaced in 2024. All residential washer/dryer appliances replaced between 2023-2024. Rear insulated windowed garage door installed 2022. Rear stairs replaced 2025.
Prime Location:
Located directly on the historic and charming town square of Abbeville, SC, this property benefits from high visibility, foot traffic, and sustained rental demand.
Investor Highlights:
High-quality, stable asset
Diversified income stream (residential & commercial)
Significant potential to increase revenue through garage conversion
Ideal for investors seeking stable returns, minimal maintenance, and prime downtown real estate.